Pakistan’s Forex Reserves Edge Up to $19.61bn Amid Pressure

Sabahat Abid
1 Min Read
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Pakistan’s foreign exchange reserves have recorded a slight increase of 47 million dollars this week, taking the overall total to 19.61 billion dollars, according to fresh data issued by the State Bank of Pakistan.

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The State Bank’s own reserves rose by 18 million dollars, now standing at 14.27 billion dollars. Officials noted that the growth was supported by steady foreign inflows and a marginal improvement in the country’s balance of payments.

Meanwhile, reserves held by commercial banks went up by 29 million dollars, reaching 5.34 billion dollars. This joint rise has pushed Pakistan’s reserves above the 19.6 billion dollar level, giving some relief to the economy at a time of high external debt payments and import pressures.

Experts say that while the increase is modest, maintaining this trend is important for ensuring currency stability, meeting future repayment obligations, and improving investor confidence.

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The government and the central bank continue to work on boosting reserves through foreign investment, remittances, and international financial support.

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Sabahat Abid is an entertainment reporter covering National and International entertainment industry.
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