Pakistan’s foreign exchange reserves recorded a sharp increase during the week ending July 3, 2026, with the country’s external liquidity receiving a boost of nearly $2 billion.

According to the latest figures released by the State Bank of Pakistan (SBP), total liquid foreign exchange reserves rose by $1.944 billion over the week to reach $23.989 billion, compared to $22.045 billion a week earlier.

The central bank accounted for almost the entire increase, as its reserves climbed from $16.527 billion to $18.471 billion during the period.

Meanwhile, foreign exchange reserves held by commercial banks remained largely unchanged, edging up by $1 million to $5.518 billion from $5.517 billion in the previous week.

The latest increase strengthens Pakistan’s external reserve position and provides additional support for the country’s import cover and exchange rate stability.