Pakistan’s liquid foreign reserves stood at $21,258.2 million as of January 16, 2026. According to data released by the State Bank of Pakistan (SBP) on Thursday, the central bank held $16,087.7 million in foreign reserves, while commercial banks had net foreign reserves of $5,170.5 million.
During the week ending January 16, 2026, SBP’s foreign reserves increased by $16 million to $16,087.7 million. The previous week, the reserves had risen by $16 million to $16,071.8 million, and before that, they had jumped by $141 million to $16,055.7 million.
In the weeks prior, SBP’s foreign reserves showed steady growth, increasing by $13 million to $15,915.1 million and $16 million to $15,902.5 million. Earlier, the reserves had surged by $1.3 billion to $15,886.8 million, mainly due to the receipt of SDR 914 million (around $1.2 billion) from the IMF under the Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF).
Looking further back, during the week ending December 5, 2025, SBP’s foreign reserves rose by $12 million to $14,586.5 million. In the preceding weeks, they had gradually increased by $14 million to $14,574.8 million, $9 million to $14,560.7 million, $27 million to $14,551.5 million, and $22 million to $14,524.6 million.
Earlier, they had risen by $31 million to $14,502.8 million, $16 million to $14,471.6 million, and $14 million to $14,455.2 million, while previous weeks saw increases of $21 million, $20 million, $21 million, and $22 million, respectively.
During the week ending September 12, 2025, the central bank’s foreign reserves rose by $21 million to $14,357.2 million.
In the weeks before that, reserves had increased by $34 million to $14,336.3 million, $28 million to $14,302.5 million, and $18 million to $14,274.3 million. Earlier weeks saw smaller increases of $13 million to $14,256.2 million and $11 million to $14,243.2 million, along with a decrease of $72 million to $14,231.9 million.
During the week ending July 25, SBP’s reserves decreased by $153 million to $14,303.9 million, following a $69 million drop the previous week to $14,456.6 million.
Two weeks before, reserves had increased by $23 million to $14,525.6 million, and three weeks earlier, they had jumped by $1,774 million to $14,502.2 million due to official inflows. Prior to that, the reserves had risen by $3,663 million to $12,727.8 million following the receipt of government multilateral and commercial loans.
Overall, SBP’s foreign reserves have seen fluctuations over the past months, with periods of steady growth interrupted by occasional minor decreases, largely influenced by international inflows and IMF support.
