Forex reserves rise to USD21.74bn

KARACHI: Pakistan’s total liquid foreign exchange reserves rose to USD21.74 billion as of March 19, 2026, according to data released by the State Bank of Pakistan (SBP) on Thursday. The central bank said the country’s total liquid reserves stood at USD21,736.0 million during the week under review. Of this, foreign exchange reserves held by the SBP were recorded at USD16,375.8 million, while net foreign reserves held by commercial banks amounted to USD5,360.2 million. The SBP’s own reserves increased by USD22 million during the week ended March 19, compared with the previous week’s level, reflecting a modest improvement in the external account position. Pakistan’s foreign exchange reserves are closely monitored as an indicator of the country’s ability to meet external financing requirements, stabilize the currency and manage import payments. The latest data suggests a stable reserve position amid ongoing efforts to strengthen external buffers and maintain macroeconomic stability. Copyright Business Recorder, 2026

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