Article may be outdated

This article is 3 days old. Some details may have changed since publication.

The Express Tribune·3 min read·medium

SBP reserves rise $19m to $21.5b

U
Usman Hanif
SBP reserves rise $19m to $21.5b
✦AI Summary

The State Bank of Pakistan reported a $19 million increase in foreign exchange reserves to $21.5 billion. Meanwhile, domestic gold prices dropped significantly, tracking a global decline caused by inflation concerns and rising oil prices.

Why it matters

Fluctuations in foreign reserves and commodity prices are critical indicators of Pakistan's economic health and inflationary pressures.

✦Dive DeeperCreate a free account to unlock

--> Home Business SBP reserves rise $19m to $21.5b Total stands at $26.8b; gold falls as global prices hit 2-month low

facebook --> twitter --> whatsup --> linkded --> email MORE (3) Messenger Whatsapp --> State Bank of Pakistan KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $19 million to $21.49 billion during the week ended October 16, 2026, according to data released by the central bank on Thursday.

The country's total liquid foreign exchange reserves amounted to $26.83 billion during the week under review, including $5.34 billion held by commercial banks. Meanwhile, the Pakistani rupee gained Rs0.01 against the US dollar to close at 276.85, compared with Wednesday's close at 276.86.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
economybusiness
✦

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in