Pakistan’s foreign exchange reserves have continued to strengthen, with the State Bank of Pakistan (SBP) reporting another weekly gain, pushing its total reserves above $14.5 billion.
According to the SBP’s latest data released on Thursday, foreign reserves increased by $31 million during the week ending October 31, 2025, marking a 0.2% weekly rise. The central bank’s holdings now stand at $14.50 billion, compared to $14.47 billion a week earlier.
However, the country’s total liquid foreign reserves declined slightly to $19.66 billion, reflecting a marginal fall of $24 million due to outflows from commercial banks. Bank-held reserves slipped to $5.16 billion, showing a $55 million weekly decrease.
Economic analysts attribute the rise in SBP’s reserves to steady inflows from exports, remittances, and external support, while slight outflows from private banks are being viewed as part of regular settlement adjustments.
“The recent buildup reflects improved stability in the external account, and the central bank’s reserves are expected to remain above $14 billion in the near term,” a market source noted.
The continued strengthening of reserves is seen as a positive indicator for Pakistan’s balance of payments, providing reassurance to investors and boosting confidence in the rupee’s stability.