Pakistan’s total liquid foreign exchange reserves reached $21.012 billion as of December 26, 2025, showing a slight improvement in the country’s external financial position. The latest figures were released by the State Bank of Pakistan (SBP) on Thursday.
According to the central bank, foreign exchange reserves held by the SBP stood at $15.915 billion. These reserves recorded an increase of $13 million during the week ending December 26.
The SBP said the rise was mainly due to routine inflows and repayments received during the period.
In addition to the central bank’s holdings, net foreign reserves kept by commercial banks amounted to $5.097 billion. When combined with the SBP’s reserves, Pakistan’s total liquid foreign exchange reserves crossed the $21 billion mark.
The SBP noted that maintaining adequate reserves is important for meeting the country’s external payment needs, including imports and debt servicing. Stable reserves also help support confidence in the economy and the local currency.
Economic observers say that even a modest increase in reserves is a positive sign, especially at a time when Pakistan continues to manage external obligations and balance-of-payment pressures.
They believe consistent inflows, along with controlled imports and improved export earnings, can help strengthen the country’s reserve position over time.
The central bank regularly updates reserve data to ensure transparency and keep markets informed about Pakistan’s external financial health. Officials have also stressed the importance of maintaining discipline in fiscal and monetary policies to support reserve stability.
While challenges remain, the latest figures indicate that Pakistan’s foreign exchange reserves are holding steady, providing some relief to policymakers as they work toward improving economic stability and managing external financial pressures.