SBP Reserves Rise $28M to Reach $14.30B This Week

The State Bank of Pakistan (SBP) reported a slight increase in the country’s foreign exchange reserves, which grew by $28 million, reaching $14.30 billion as of Friday.

According to the SBP’s weekly data, this small uptick is attributed to improved foreign inflows, helping to maintain stability in the currency market and supporting the overall outlook of Pakistan’s external sector.

Key Highlights:

• Current Reserves: $14.30 billion

• Weekly Change: +$28 million

• Reason: Improved foreign inflows and stable payments

• Market Effect: Positive for rupee stability and import financing

Pakistan’s foreign exchange reserves have been closely monitored in recent years due to rising debt repayments, import pressures, and global commodity price fluctuations. While the recent increase is modest, it signals positive momentum for the country’s financial stability.

Expert Insights:

“Even a small increase in reserves contributes to market confidence and reduces pressure on the rupee,” noted a senior financial analyst. Experts emphasize that continued inflows from exports, remittances, and financial assistance will be critical to maintain a healthy reserves position.

Positive Indicators:

• Supports import financing capacity

• Strengthens rupee-dollar parity

• Boosts investor and business confidence

Challenges Ahead:

• Rising global oil prices could increase import costs

• Upcoming external debt repayments may strain reserves

• Continued dependence on IMF and multilateral inflows

While the $28 million increase may seem modest, it reflects Pakistan’s ongoing financial discipline and the impact of timely inflows. Maintaining and growing these reserves will require steady remittances, strong export performance, and sustained support from international financial institutions.

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