Pakistan's foreign reserves held by the State Bank of Pakistan (SBP), the country's central bank, rose by $11 million to $21.57 billion in the week ended November 6, 2026. The bank said on Thursday, November 12, that this was the fourth weekly increase in a row. Total liquid foreign reserves, which add the holdings of commercial banks to the central bank's figure, stood at $26.84 billion on the same date.
What the weekly figures show
In its weekly statement on liquid foreign reserves, the SBP put its own holdings at $21,572.5 million, up from $21,561.2 million on October 30, 2026. Liquid reserves are foreign currency assets that can be used at short notice, so they are a common measure of the country's cushion against outside payments. The total fell by about $26 million in the same week, from $26,864.5 million to $26,838.7 million.
Commercial bank holdings and the gap in the numbers
Commercial banks held about $5.27 billion in net reserves in the week under review. Published tallies of their weekly change differ: one gives a fall of $37 million to $5,266.2 million from $5,303.3 million, while another gives a fall of $26 million from $5.303233 billion. The total liquid figure is the same in both, so the overall picture does not change.
Targets ahead
The SBP expects its reserves to reach $23 billion by December 2026 and $25 billion by June 2027. Reserves act as a buffer for paying for imports and foreign debt, so a steady build-up is watched closely by economists and policymakers. The bank has not, in the material available, linked the latest weekly change to any move in prices or the exchange rate.
Timeline: what has happened so far
- October 30, 2026: SBP reserves stood at $21,561.2 million, commercial banks held $5,303.3 million, and total liquid reserves were $26,864.5 million.
- November 6, 2026: SBP reserves rose by $11 million to $21,572.5 million, and total liquid reserves fell to $26,838.7 million.
- November 12, 2026: The SBP published its weekly statement on liquid foreign reserves, a Thursday release.
- December 2026: The SBP expects its reserves to reach $23 billion.
- June 2027: The SBP expects its reserves to reach $25 billion.
Aasan alfaaz mein
State Bank ke paas dollar ke zakhire 11 million dollar barh kar 21.57 arab dollar ho gaye hain, jo chaar hafton mein lagatar izafa hai. Commercial banks ke paas reserves thoda kam hue hain aur total liquid reserves 26.84 arab dollar hain. Is khabar ka seedha asar bijli ya petrol ki qeemat par nahi likha gaya. Central bank ka hadaf hai ke December 2026 tak 23 arab dollar aur June 2027 tak 25 arab dollar ho jayen.
