Pakistan's foreign exchange reserves have reached a 26-month high, increasing by $167 million on a weekly basis.
As of June 6, total foreign reserves, including SBP and commercial bank holdings, stood at $16.875 billion, showing a $277 million surge from the previous week.
This level of reserves is the highest since April 16, 2022, indicating improved economic conditions and foreign inflows.
SBP's reserves specifically reached $11.676 billion, up by $167 million from the prior week.
Net reserves by banks other than SBP also increased by $111 million, reaching $5.199 billion.
The rise in foreign reserves is a positive indicator for Pakistan's external sector, supporting currency stability and boosting investor confidence before Budget 2025-26.