Particle.news
Download on the App Store

Pakistan’s Foreign Reserves Top $21 Billion as SBP Holdings Edge Higher

An IMF SDR inflow credited to the central bank has nudged buffers higher, offering a modest cushion for external payments.

Overview

  • State Bank of Pakistan reserves rose by $13 million to $15.915 billion in the week ended December 26, according to official data.
  • Total liquid foreign exchange reserves stood a little above $21 billion, combining central bank assets with commercial banks’ holdings.
  • Net foreign reserves at commercial banks were $5.097 billion per SBP data, though one report cited $5.97 billion, reflecting differing calculations or timing.
  • SBP attributed the recent uplift primarily to the receipt of SDR 914 million from the IMF under the EFF and RSF facilities.
  • AKD Securities estimated import cover at roughly 3.2 months, and analysts described the gain as a cautious improvement in external liquidity.