Pakistan’s liquid foreign exchange reserves increased this week, with the State Bank of Pakistan reporting an increase of $16 million, taking its holdings to $16.101 billion for the week ending January 23, 2026.
According to the SBP’s weekly data, the country’s total foreign exchange reserves stood at $21.293 billion.
Banks’ reserves increased by $22 million, closing the week at $5.192 billion.
According to Topline Securities, foreign exchange reserves held by SBP are expected to hit a new high by the end of the current calendar year.
If achieved, this level will be sufficient to cover 3x of monthly imports.


