Pakistan's total liquid foreign reserves surge to US$ 22.59 billion

The total liquid foreign reserves of Pakistan surged to US$ 22,588.5 million while State Bank’s reserves crossed US$ 17 billion following the receipt of the IMF programs tranches and proceeds from the Panda Bonds

KARACHI, (APP - UrduPoint / Pakistan Point News - 21st May, 2026) The total liquid foreign reserves of Pakistan surged to US$ 22,588.5 million while State Bank’s reserves crossed US$ 17 billion following the receipt of the IMF programs tranches and proceeds from the Panda Bonds.

“During the week ended on 15-May-2026, SBP’s FX reserves increased by US$ 1,214 million to US$ 17,081.0 million,” the central bank reported on Thursday in its weekly statement on the position of liquid foreign reserves, informing that some external debt repayments were also made during the week.

“The increase in SBP’s FX reserves is mainly due to receipt of funds from IMF under the Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF); and proceeds from issuance of Panda Bonds,” it added.

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Meanwhile, the foreign reserves held by the commercial banks also increased by $ 38 million to $ 5,507.5 million during the period under review, the break up of forex reserves depicted.

Pakistan's total liquid foreign reserves in the previous week ended on May 08, were US$ 21,336.7 million. Among them the State Bank of Pakistan held foreign exchange reserves of US$ 15,867.4 million while the other US$ 5,469.3 million were held by the commercial banks.