Forex reserves up USD25m

KARACHI: Pakistan’s total liquid foreign exchange reserves increased by USD 25 million during the last week, reflecting gradual improvement in the country’s external account position. According to the weekly report issued by the State Bank of Pakistan (SBP) on Tuesday, the country’s total liquid foreign exchange reserves rose to USD21. 294 billion as of April 30, 2026, compared with USD21. 269 billion recorded on April 24, 2026. During the week under review, the SBP’s own foreign exchange reserves increased by USD23 million to USD15. 851 billion, up from USD15. 828 billion a week earlier. Meanwhile, net foreign reserves held by commercial banks also edged up by USD2 million to USD5. 443 billion at the end of the week, compared with USD5. 441 billion in the previous week. Analysts said the steady increase in reserves, despite significant external debt repayments, is a positive sign for the economy and reflects improving stability in the external sector. Copyright Business Recorder, 2026

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