SBP’s foreign reserves jump by $1.21 billion to $17.08 billion
Why this matters: local context for readers following news across Pakistan and the region.
Pakistan’s liquid foreign reserves stood at $ 22,588.5 million as of May 15, 2026. According to the data shared by the State Bank of Pakistan (SBP) on Thursday, the central bank’s foreign reserves stood at $ 17,081 million. Net foreign reserves held by the commercial banks stood at $ 5,507.5 million as of May 15, 2026. During the week ending May 15, 2026, SBP’s foreign reserves increased by $ 1,214 million to $ 17,081 million. The increase in SBP’s reserves is mainly due to receipt of funds from the IMF under the Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF), and proceeds from the issuance of Panda Bonds. There were some external debt repayments as well. During the week ending May 8, 2026, SBP’s foreign reserves increased by $17 million to $ 15,867.4 million. Before that week, SBP’s foreign reserves increased by $23 million to $15,850.7 million. Before that week, SBP’s foreign reserves increased by $730 million to $15,827.9 million. The increase in SBP’s reserves was mainly due to the receipt of Pakistan Eurobond proceeds. SBP to issue Rs75 coin to mark Pakistan-China ties anniversary