Overview
- State Bank of Pakistan data shows a $6 million weekly increase in foreign reserves to $16.38 billion, signaling another small build in buffers.
- Pakistan’s total liquid foreign reserves stood at $21.79 billion, with $5.41 billion held by commercial banks and the rest at the central bank.
- An earlier jump in SBP holdings followed an IMF transfer of SDR 914 million under its lending and sustainability programs, which bolstered near‑term cover.
- The dollar strengthened and oil approached $110 a barrel after President Donald Trump signaled continued U.S. strikes on Iran, pressuring commodities priced in dollars.
- The rupee inched to 279.11 per dollar as local gold and silver prices fell sharply, while India’s central bank drew down $10.29 billion from its reserves to support the rupee.