Skip to main content

SBP Sets $20.2 Billion Reserve Target for December After Latest Inflow

Animated editorial illustration for: SBP Sets $20.2 Billion Reserve Target for December After Latest Inflow
0:000:00
AI-assisted editorial illustration — not a photograph.

At a glance

  • SBP's foreign exchange reserves increased by $1.21 billion to $18.33 billion in the week ending Sep 4.
  • The rise was attributed to the receipt of government commercial loan proceeds.
  • The SBP has set a new reserves target of $20.20 billion for December 2026.

Story so far

Pakistan's foreign exchange reserves have seen a significant boost, with the State Bank of Pakistan's (SBP) holdings increasing by $1.21 billion to reach $18.33 billion in the week ending September 4, 2026. The central bank attributed the rise to the inflow of a government commercial loan. The country's total liquid foreign reserves now stand at approximately $23.72 billion.

Latest development

The State Bank of Pakistan has set a new foreign exchange reserves target of $20.20 billion for December 2026. This comes after its reserves increased by $1.21 billion to $18.33 billion in the first week of September, following the receipt of a government commercial loan.

Latest updates

While the State Bank's reserves saw a significant increase, net foreign reserves held by commercial banks declined by $22.5 million during the same week, settling at $5.388 billion.

The State Bank also noted that it had successfully met its foreign exchange reserves target for the fiscal year 2026, with reserves surpassing $18 billion by the end of June 2026. A new target of $20.20 billion has been set for December 2026.

Sources and updates

Business Recorder

Forex reserves surge to USD23.72bn

KARACHI: The country’s total liquid foreign exchange reserves have increased by around USD 1.18 billion in a week following the arrival of commercial loan inflows from the Government of Pakistan. According to weekly report issued by the State Bank of

Business Recorder

SBP-held foreign exchange reserves surge $1.21bn to $18.33bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $1.21 billion to $18.33 billion during the week ended September 4, 2026, mainly due to the receipt of government commercial loan proceeds. In its weekly reserves statemen

Responses

>