KARACHI: Pakistan’s total liquid foreign exchange reserves recorded a slight increase of USD 26 million during the last week.According to the State Bank of Pakistan (SBP), the country’s total reserves stood at USD 21.434 billion end of last week ending February 27, 2026, compared with USD 21.408 billion recorded in the previous week ending February 20.During the week under review, the foreign exchange reserves held by the state bank increased by USD 87 million, reaching USD 16.3 billion, up from USD 16.213 billion a week earlier.READ MORE: SBP-held foreign exchange reserves rise $16mn to $16.21bnIn contrast, the net foreign reserves held by commercial banks declined by USD 61 million to USD 5.134 billion.It may be mentioned here that SBP is expecting further surge in its foreign exchange reserves and SBP reserves are projected to reach all time high level of USD 20.20 billion mark by end of December 2026.Copyright Business Recorder, 2026
