The State Bank of Pakistan (SBP) reported an increase of $16 million in its foreign reserves, reaching $15.902 billion as of December 19, 2025. Net reserves held by commercial banks were $5.12 billion, bringing total liquid reserves to $21.022 billion.
The recent rise in SBP’s reserves was primarily due to the receipt of SDR 914 million (around $1.2 billion) from the IMF under the Extended Fund Facility and Resilience and Sustainability Facility. This follows consistent weekly increases in the central bank’s reserves over the past months.
The steady growth of Pakistan’s foreign reserves provides additional liquidity to the economy, strengthens financial stability, and supports the country’s capacity to meet international obligations, including external debt repayments.
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