Forex reserves hit USD22.646bn mark
- SBP said that the surge in the reserves reflects continued stability in the country’s external account position.
Pakistan's total foreign exchange reserves increased to $22.646 billion by May 22, 2026, driven by a rise in State Bank holdings, indicating external account stability.
- Pakistan's rising foreign exchange reserves.
- State Bank of Pakistan's reserve holdings.
- Future projections for SBP foreign exchange reserves.
KARACHI: Pakistan’s total liquid foreign exchange reserves rose to USD 22.646 billion during the week ended May 22, 2026, compared to USD 22.588 billion in the previous week.
According to data released by the State Bank of Pakistan (SBP), the foreign reserves held by the SBP increased by USD 66 million on a weekly basis to reach USD 17.147 billion, up from USD 17.081 billion recorded a week earlier.
READ MORE: Forex reserves jump to USD22.59bn
Meanwhile, the net foreign reserves held by commercial banks slightly declined to USD 5.499 billion compared to USD 5.507 billion in the preceding week.
The state bank said that the surge in the reserves reflecting continued stability in the country’s external account position.
The Governor SBP Jameel Ahmed has already projected that SBP’s foreign exchange reserves will reach USD 18 billion mark by end of June 2026.
Copyright Business Recorder, 2026
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