Pakistan’s foreign exchange reserves held by the State Bank of Pakistan increased modestly in the week ending February 13, 2026, showing a small but positive trend in foreign liquidity.
The central bank’s data showed that SBP’s own reserves grew by about $19.1 million compared to the previous week, bringing total holdings to around $16.197 billion. This week-on-week gain marked a 0.12 percent rise in central bank reserves.
Despite this increase, Pakistan’s total liquid foreign exchange reserves, which include holdings by commercial banks, dipped by roughly $73.2 million to about $21.30 billion. Net reserves at commercial banks fell by around $92.3 million during the same period.
The small increase in SBP reserves follows a pattern of gradual improvements after earlier weeks of growth in January and February.
Recent reports indicated weekly gains of $56 million in late January, highlighting some consistency in reserve accumulation.
Foreign exchange reserves play an important role in stabilizing Pakistan’s economy. They help the central bank manage currency volatility, support external debt payments, and provide a cushion for import financing.
In recent months, inflows from international financial institutions such as the International Monetary Fund via the Extended Fund Facility have boosted reserves and strengthened external buffers.
Analysts say that while weekly movements can be small, steady reserve growth can signal improving confidence in the economy.
However, continued inflows and prudent external payment management will be needed for longer-term stability.