KARACHI (Lord Media): Pakistan’s foreign exchange reserves are approaching the 24 billion U.S. dollars mark, according to the State Bank of Pakistan. The central bank reported an increase of approximately 2 billion U.S. dollars in its reserves over the past week.
According to data released by the State Bank, the total foreign exchange reserves of the country stood at 23.9887 billion U.S. dollars at the end of the week ending July 3, 2026.
Of this, the State Bank of Pakistan’s reserves reached 18.4710 billion U.S. dollars, while commercial banks held reserves amounting to 5.5177 billion U.S. dollars.
The central bank noted that during the week ending July 3, its foreign exchange reserves increased by 1.944 billion U.S. dollars, bringing the official reserves to the level of 18.47 billion U.S. dollars.
The State Bank also stated that the rise in foreign exchange reserves was due to the receipt of external funds by the government, which has strengthened the financial position.
Economists suggest that the increase in foreign exchange reserves enhances the capacity for external payments, reduces pressure on the national currency, boosts investor confidence, and strengthens overall economic stability.
