SBP reserves gain momentum with $118m weekly rise

Steady recovery continues as total foreign reserves cross $15.4bn

Pakistan’s foreign exchange reserves continued their upward trend in the week ending May 2, 2025, with the State Bank of Pakistan (SBP) posting an increase of $118.1 million, or 1.16% week-on-week (WoW). This brought the central bank’s total holdings to $10.33 billion — building on the prior week’s modest rise of $9 million.

The consistent two-week growth comes after a significant $367 million drop recorded earlier in April, which had marked a seven-month low. Since then, the SBP’s position has improved by a combined $127 million over the past two weeks.

Pakistan’s overall foreign exchange reserves also saw a healthy increase, climbing by $230.8 million to reach $15.48 billion. Commercial bank reserves rose by $112.7 million (2.24% WoW), from $5.04 billion to $5.15 billion.

On a fiscal year-to-date basis, SBP-held reserves are up by $943 million (10.04%). However, for the calendar year so far, they remain down by $1.38 billion or 11.77%.

While the SBP has not commented on the source of the inflows, the upward movement indicates growing stability after previous volatility.

Monitoring Desk
Monitoring Desk
Our monitoring team diligently searches the vast expanse of the web to carefully handpick and distill top-tier business and economic news stories and articles, presenting them to you in a concise and informative manner.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read