Pakistan Central Bank Foreign Reserves Up by $13mn to $17.03bn

August 6, 2026 at 10:30 PM
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ISLAMABAD: The Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $13 million to $17.04 billion during the week ended July 31, 2026, the central bank said on Thursday.

In its weekly reserves statement, the SBP said the country’s total liquid foreign exchange reserves stood at $22.47 billion as of July 31, 2026. Of these, commercial banks held $5.43 billion in net foreign exchange reserves.

“During the week ended on 31-Jul-2026, SBP’s FX reserves increased by US$ 13 million to US$ 17,043.0 million,” the central bank said.

Last week, the State Bank of Pakistan (SBP) reported that its foreign exchange reserves fell by $229 million to $17.03 billion during the week ending July 24, 2026.

Pakistan

Pakistani rupee gains against US dollar

The Pakistani rupee posted a marginal gain against the US dollar on Thursday, appreciating by 0.01% in the interbank market.

According to the State Bank of Pakistan (SBP), the local currency closed at Rs277.72 against the US dollar, improving by three paisas from Wednesday’s closing rate of Rs277.75.

Meanwhile, global currency markets traded cautiously, with the Japanese yen struggling to hold onto recent intervention-driven gains and the US dollar hovering near a six-week low.

Also Read: Pakistan Central Bank Foreign Reserves Decline by $229mn to $17.03bn

Investor sentiment remained subdued amid uncertainty over a proposed US-Iran agreement and ahead of the closely watched US nonfarm payrolls report.

The euro was largely unchanged at $1.1557, while the British pound traded flat at $1.3469. The Australian and New Zealand dollars also remained steady at $0.7056 and $0.5885, respectively.

The US dollar index, which measures the greenback against a basket of six major currencies, was little changed at 99.65, remaining close to its lowest level in six weeks.

In the commodities market, oil prices advanced as investors closely monitored the outcome of Iran-Oman talks and their potential impact on shipping through the Strait of Hormuz. Supply concerns were also supported by reports of attacks on Saudi oil tankers in the Red Sea and the Gulf of Aden.

Brent crude futures rose 83 cents, or 1.04%, to $80.28 a barrel, while US West Texas Intermediate (WTI) crude gained 61 cents, or 0.81%, to $75.83 a barrel.

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