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Pakistan’s liquid foreign exchange reserves recorded a slight uptick this week, with the State Bank of Pakistan (SBP) adding $14 million to reach $14.57 billion, a sign of continued macroeconomic stability despite minor declines on the commercial banking side.
The SBP’s latest weekly data for the period ending November 28, 2025, shows that total foreign exchange reserves stand at $19.589 billion. While the central bank’s reserves improved, the overall tally posted a week on week dip of $16 million, driven mainly by a $31 million fall in commercial banks’ reserves, which closed at $5.014 billion.
Officials noted that Pakistan’s import cover remains steady at 2.76 months, indicating stable short term external payment capacity even amid fluctuating inflows.
Providing broader context, SBP figures reveal a year to date rise of $2.864 billion in central bank reserves supported by improved inflows, disciplined external payments, and better management of external liabilities.
In a related comment, an SBP official said,
“The reserve position reflects controlled external pressures and consistent improvement in foreign inflows during the ongoing fiscal year.”
