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Pakistan’s FX Reserves Tick Up to $17.22 Billion

IMF disbursements with Panda Bond proceeds have raised the central bank’s buffer so total liquid reserves remain above $22.6 billion.

Overview

  • The State Bank of Pakistan reported a $25 million rise in its foreign exchange reserves to $17.215 billion for the week ended June 5, 2026, reflecting a small improvement in the central bank’s holdings.
  • Commercial banks held about $5.457 billion in net foreign assets, bringing the country’s total liquid foreign reserves to roughly $22.672 billion at the end of the reporting week.
  • The SBP attributes recent inflows to IMF disbursements under the Extended Fund Facility and Resilience and Sustainability Facility and to proceeds from Panda Bonds issued in China.
  • Domestic market moves were muted after the reserve update, with the rupee edging up one paisa to Rs278.35 in the inter‑bank market and local gold prices falling sharply to Rs432,716 per tola.
  • By contrast, India’s foreign exchange reserves fell by $711 million to $681.61 billion for the same week, highlighting how timing of currency asset movements and receipts can produce different short‑term reserve paths across the region.