Pakistan foreign exchange reserves rise to $26.863 billion

Pakistan’s total liquid foreign exchange reserves rose to $26.863 billion during the week ending October 9, 2026, according to the State Bank of Pakistan (SBP). This represents a weekly increase of $65.9 million. The growth was driven by both the central bank and commercial banks, with commercial banks contributing $50.1 million to the increase and the SBP recording a gain of $15.8 million.

As of the reporting period, the SBP held $21.470 billion in reserves, while commercial banks held $5.394 billion.

Separately, data for September 2026 shows that foreign currency deposits in Pakistan increased by $31.31 million, or 0.45%, to reach $6.966 billion. While resident foreign currency deposits rose to $5.920 billion, non-resident deposits fell to $1.046 billion. Despite the monthly growth, total deposits remained 1.27% lower than the $7.056 billion recorded in September 2025. Banks utilized foreign currency funds for various trade financing activities, including $1.143 billion for import financing.