Pakistan’s Foreign Exchange Reserves Stand at $21.27 Billion

April 30, 2026 at 8:16 PM
icon-facebook icon-twitter icon-whatsapp

ISLAMABAD: Pakistan’s total liquid foreign exchange reserves stood at $ 21.27 billion in the week ending April 24, the State Bank of Pakistan (SBP) said on Thursday.

In a statement, the central bank said its own reserves during the week stood at $ 15.827 billion.

According to the SBP, net foreign reserves held by commercial banks stood at $5.441 billion, taking the country’s total liquid reserves to $21.27 Billion.

During the week ending April 24, 2026, the State Bank of Pakistan’s foreign exchange reserves increased by US$ 0.73 billion, reaching US$ 15.828 billion.

The rise in reserves was primarily driven by the inflow of proceeds from Pakistan’s Eurobond issuance.

Despite these challenges, officials say Pakistan’s macroeconomic position is showing signs of resilience.

International oil prices surged sharply in real-time trading on Thursday, with Brent crude rising above $125 per barrel as markets reacted to escalating supply disruption risks linked to the Strait of Hormuz.

Brent crude climbed to around $125.3 per barrel in the latest session, marking a gain of more than 6% from the previous close and hitting its highest level since 2022.

Prime Minister of Pakistan Shehbaz Sharif said on Wednesday that Pakistan’s weekly oil import bill has risen to $800 million due to the ongoing energy crisis triggered by conflict in the Middle East.

Global fuel prices have surged over the past two months as shipping through the Strait of Hormuz remains severely disrupted following joint strikes by the United States and Israel on Iran on February 28.

icon-facebook icon-twitter icon-whatsapp