The State Bank of Pakistan’s (SBP) foreign exchange reserves increased by $33 million to $21.52 billion in the week ended October 23, 2026, marking the second consecutive weekly increase.

The central bank’s reserves reached $21.522 billion, compared with $21.489 billion a week earlier.

Pakistan’s total liquid foreign exchange reserves stood at $26.75 billion at the end of the reporting week.

These included $21.52 billion held by the SBP and $5.233 billion held by commercial banks. Commercial banks’ net reserves fell from $5.344 billion in the previous week.

SBP Governor Jameel Ahmed recently said the central bank expects foreign exchange reserves to reach $23 billion by December 2026 and $25 billion by June 2027.