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SBP Reserves Rise to $16.16 Billion as Weekly Gains Extend

IMF SDR support under EFF/RSF propelled the uptick to a $21.34 billion liquid reserves total.

Overview

  • SBP data show foreign exchange reserves increased by $56 million in the week ending January 30, reaching $16,157.2 million.
  • Pakistan’s total liquid foreign reserves stood at $21,338.7 million, with commercial banks holding $5,181.5 million in net reserves.
  • The recent improvement was driven mainly by the receipt of SDR 914 million, roughly $1.2 billion, from the IMF under the EFF and RSF.
  • Central bank figures reflect a months‑long pattern of modest weekly increases, including an earlier $1.3 billion jump that lifted buffers meaningfully.
  • Coverage also flags concerns that weak enforcement enabling illicit trade could erode revenues and challenge the sustainability of reserve gains.