Business

SBP Reserves Gain Over $43 Million to Rise Near $17.5 Billion

Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $43.4 million during the week ended May 29, 2026.

The central bank’s latest data showed that the country’s total liquid foreign exchange reserves decreased by $10.5 million to $22.636 billion, compared to $22.647 billion in the previous week.

Reserves held by the SBP increased to $17.190 billion from $17.147 billion a week earlier.

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Net foreign exchange reserves held by commercial banks stood at $5.446 billion, down from $5.500 billion in the previous week.

Overall, Pakistan’s import cover has fallen to 2.76 months from 2.87 months last week.

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Published by
Business Desk