ISLAMABAD: The Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $14 million to $17.06 billion during the week ended August 7, 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 $22.50 billion as of August 7, 2026. Of these, commercial banks held $5.44 billion in net foreign exchange reserves.
“During the week ended on 7-Aug-2026, SBP’s FX reserves increased by US$ 14 million to US$ 17,057.0 million,” it said.
Total liquid foreign #reservesheld by the country stood at US$22.50 billion as of August 07, 2026.https://t.co/mVwDwVa0gU#sbpreserves pic.twitter.com/U9lxwvIqpy
— SBP (@StateBank_Pak) August 13, 2026
Last week, the State Bank of Pakistan (SBP) reported that its foreign exchange reserves increased by $13 million to $17.04 billion during the week ended July 31, 2026.
Rupee records gain against US dollar
Meanwhile, the Pakistani rupee continued its marginal upward trend against the US dollar on Thursday, closing at 277.65, registering a gain of Re0.01 against the greenback.
On Wednesday, the local currency had settled at 277.66 against the US dollar.
Interbank closing #ExchangeRate for todayhttps://t.co/KM10MvSV1S#sbpexchangerate pic.twitter.com/6n8bsIHHKR
— SBP (@StateBank_Pak) August 13, 2026
The US currency remained largely unchanged against the Japanese yen during midday trading in Asia. However, the dollar was still on track to post a weekly gain of around 1%, as investors continued to rebuild positions in the currency pair following a recent joint intervention by the United States and Japan that had pushed the dollar to a three-month low.
Also Read: Pakistan Central Bank Foreign Reserves Up by $13mn to $17.03bn
The movement in global currency markets continues to influence emerging-market currencies, including the Pakistani rupee, as investors closely monitor US inflation data, Federal Reserve policy expectations and developments in major currency markets.
Furthermore, oil prices declined on Thursday as investors assessed prospects for weaker global demand this year and higher US crude stocks, though prices found support from a lack of progress in talks over the blockaded Strait of Hormuz and disruptions to supply.
Brent futures were down $2.20, or 2.47%, at $86.78 a barrel by 1324 GMT, trimming gains accumulated over the previous six sessions.
US West Texas Intermediate (WTI) crude fell $2.34, or 2.81%, to $80.93 after advancing over the past five sessions.
