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Pakistan’s Foreign Reserves Nudge Higher as SBP Holdings Hit $14.40 Billion

A small weekly rise signals a gradual rebuild after midyear swings driven by loan inflows versus debt repayments.

Overview

  • State Bank of Pakistan reserves rose by $21 million in the week ended September 26 to $14.4004 billion, according to official data.
  • Total liquid foreign reserves reached $19.7967 billion, with commercial banks holding $5.3963 billion.
  • Recent movements remain modest compared with earlier 2025 volatility that featured large official inflows and sizable external debt repayments.
  • The rupee inched up 0.01% in the inter-bank market to close at 281.27 on Thursday, marking a slight improvement.
  • Domestic gold prices fell by Rs2,500 per tola to Rs407,778, tracking an international pullback reported after cautious Federal Reserve remarks.