Karachi: The foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $70 million during the week ending May 23, 2025, bringing the total to $11.52 billion, according to data released by the central bank on Thursday.
The SBP did not provide specific reasons for the weekly increase.
“During the week ended on 23-May-2025, SBP reserves increased by US$ 70 million to US$ 11,516.0 million,” the central bank stated.
Meanwhile, total liquid foreign exchange reserves held by the country stood at $16.64 billion, which includes $5.12 billion held by commercial banks.
This marks a continuation of the upward trend seen in the previous week, when SBP reserves had surged by $1.04 billion to reach a four-month high. That rise had come on the back of the receipt of the second tranche of Special Drawing Rights (SDR) 760 million (approximately $1.023 billion) from the International Monetary Fund (IMF) under the Extended Fund Facility (EFF) programme.
Pakistan’s growing reserves are being closely monitored by financial analysts and policymakers as the country navigates ongoing economic challenges and prepares for potential future engagements with international lenders.
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