he State Bank of Pakistan (SBP) reported a week-on-week increase of $19.1 million in its foreign reserves for the week ending February 13, 2026. The inflow represents a modest 0.12 percent growth in the central bank’s reserves.
According to the SBP’s weekly report, the country’s total liquid foreign exchange reserves slightly declined to $21.3015 billion, down from $21.3747 billion the previous week.
Breaking down the reserves:
- SBP-held reserves: $16.196 billion (up $19.1 million)
- Commercial banks’ net reserves: $5.104 billion (down $92.3 million)
The increase in SBP reserves offsets some of the declines in commercial banks’ holdings, reflecting ongoing fluctuations in foreign exchange inflows and outflows.
The foreign reserves trend highlights the challenges faced by Pakistan in maintaining liquidity amid global economic pressures. While the central bank saw a small uptick, overall reserves remain under pressure due to external debt repayments and import financing requirements.
