The State Bank of Pakistan (SBP) has announced a $21 million increase in its foreign currency reserves, bringing the total to $11.22 billion for the week ending February 21, 2025.
According to the latest data from the central bank, the country’s total liquid foreign exchange reserves, including those held by commercial banks, stood at $15.92 billion, with commercial banks holding $4.70 billion of that amount. This marks a modest rise compared to the $35 million increase recorded in the previous week. No official explanation has been provided for the change in reserves. Reports indicate that the SBP purchased over $9 billion from the local market in the previous calendar year to help stabilize foreign exchange reserves.
