SBP-held reserves edge up to $16.09 billion, total liquid reserves $21.26 billion

Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $16 million to $16.09 billion in the week ending January 16, 2026, data released on Thursday showed.

Including commercial banks’ holdings, the country’s total liquid foreign reserves stood at $21.26 billion, with net reserves at commercial banks recorded at $5.17 billion.

The central bank noted that its FX reserves had posted a modest increase for the second consecutive week. In its statement, the SBP said, “During the week ended on 16-Jan-2026, SBP’s FX reserves increased by US$16 million to $16,087.7 million.”

Breakdown of the data showed that SBP-held reserves were $16.07 billion, while commercial banks held $5.18 billion in net foreign reserves, reflecting stable but gradual accumulation.