Pakistan’s foreign exchange position strengthened further last week as total liquid reserves surged past the $21 billion mark, driven mainly by inflows from Eurobond proceeds.
The increase reflects renewed access to international capital markets and improved external financing support, according to official data released by the State Bank of Pakistan (SBP).
According to the weekly data released by the State Bank of Pakistan (SBP), the country’s overall reserves increased by USD 641 million, rising from USD 20.628 billion on April 17, 2026, to USD 21.269 billion by April 24, 2026.
The central bank’s reserves recorded a stronger gain, climbing by USD 730 million to reach USD 15.828 billion compared to USD 15.098 billion in the previous week.
However, reserves held by commercial banks showed a slight decline of USD 90 million, slipping to USD 5.441 billion during the same period.
The SBP attributed the improvement primarily to inflows from Pakistan’s recent Eurobond issuance, which helped ease pressure on external payments and strengthen the country’s foreign exchange position.
Pakistan recently returned to international capital markets after a four-year gap with the launch of a three-year Eurobond.
