Pakistan’s foreign exchange reserves recorded a slight increase during the week ending November 14, 2025, with the State Bank of Pakistan’s holdings rising by $27 million to reach $14.551 billion. The country’s total liquid reserves, including commercial banks, now stand at $19.738 billion, highlighting modest stability in the external sector.
The rise follows the SBP’s active liquidity management in the money market, injecting over Rs645 billion through conventional and Shariah compliant open market operations (OMOs). The central bank accepted Rs497 billion in conventional one day reverse repo operations at an 11.10% return, while Rs133 billion was accepted in Mudarabah based OMO for Islamic banking institutions at 11.08%.
“These measures aim to stabilize liquidity and support market confidence,” said SBP officials.
Meanwhile, gold prices in Pakistan fell by Rs5,000 per tola to close at Rs426,562, reflecting cautious investor sentiment amid steady international markets after the release of stronger than expected US jobs data. Adnan Agar, Director at Interactive Commodities, noted,
“The market is slightly downwards; key levels to watch are $4,000-4,020 on the downside and $4,155 on the upside.”
The Pakistani rupee also posted a marginal gain, ending at 280.66 against the US dollar in the inter-bank market, indicating stability in local currency movements alongside modest improvements in foreign exchange reserves.