Islamabad, Apr 4, 2025: The State Bank of Pakistan’s (SBP) foreign exchange reserves experienced a modest increase of $70 million over the past week, as per the latest figures disclosed by the central bank on Thursday.
According to SBP’s most recent data, as of March 28, the total foreign currency reserves held by the central bank reached $10.68 billion, reflecting a rise of $70 million from the previous figure of $10.607 billion recorded on March 21.
The overall liquid foreign exchange reserves of the country, which comprise both SBP’s holdings and net reserves maintained by commercial banks, were reported at $15.58 billion.
This marks an uptick of $29 million in comparison to the preceding week’s total.
Meanwhile, the net reserves owned by commercial banks were documented at $4.903 billion, showing a decline of $41 million during the same period.
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The increase in foreign exchange reserves is a positive indicator for the country’s economic stability, helping to strengthen investor confidence and maintain stability in the exchange rate.
The minor fluctuations in commercial bank reserves, however, reflect the dynamic nature of external financial flows.
Pakistan’s foreign exchange reserves play a crucial role in determining the nation’s financial standing, affecting both trade and monetary policies.
Economists emphasize the importance of maintaining an upward trend in reserves to ensure a stable economic environment and safeguard against external vulnerabilities.
With global market conditions constantly evolving, the SBP continues to monitor and manage forex reserves effectively to stabilize the economy and support sustainable growth.
