By Staff Reporter
KARACHI: The State Bank of Pakistan’s foreign-exchange reserves increased by $1.214 billion in the week ended May 15, reaching $17.081 billion, the central bank said on Thursday.
The country’s total liquid foreign reserves stood at $22.588 billion during the period, according to data released by the SBP. Net foreign reserves held by commercial banks amounted to $5.507 billion.
The rise in the SBP’s holdings was driven mainly by inflows from the International Monetary Fund under the Extended Fund Facility and the Resilience and Sustainability Facility, together with proceeds from the issuance of Panda bonds, the central bank said.
Some external debt repayments were also made during the week. “During the week ended on 15-May-2026, SBP’s FX reserves increased by US$ 1,214 million to US$ 17,081.0 million,” the SBP said in a statement. “The increase in SBP’s FX reserves is mainly due to receipt of funds from IMF under the Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF); and proceeds from issuance of Panda Bonds. There were some external debt repayments as well.”
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