January 01, 2026 (MLN): The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $12.6 million or 0.08% WoW to $15.92 billion during the week ended on December 26, 2025, data released by State Bank of Pakistan showed on Thursday.
On the other hand, the country’s total reserves decreased by $10.4m or 0.05% WoW to $21.01bn.
The reserves held by commercial banks fell by $23m or 0.45% WoW to $5.1bn.
In the current fiscal year, SBP-held reserves have increased by $6.85bn or 75.58%.
Meanwhile, the current calendar year has seen an increase of $4.2bn or 35.9%.
| Foreign reserves held by | December 26, 2025 | December 19, 2025 | Change | % Change |
|---|---|---|---|---|
| State Bank of Pakistan | 15,915.1 | 15,902.5 | 12.6 | 0.08% |
| Net Foreign Reserves Held by Banks | 5,097.1 | 5,120.1 | -23.0 | -0.45% |
| Total Liquid Foreign Reserves | 21,012.2 | 21,022.6 | -10.4 | -0.05% |
Amount in USD Million
The State Bank of Pakistan also released monthly data showing its foreign exchange reserves increased in November 2025, with SBP-held reserves rising by $85.9m to $14,588.8m, compared to $14,502.9m in October 2025.
On a year-on-year basis, SBP’s reserves rose by $2,551m, or 21.19%, from $12,037.9m in November 2024.
Net foreign reserves held by commercial banks stood at $4,548.3m, down from $4,671.1m a month earlier, showing a decline of $122.8m.
Compared to $4,090.6m in November last year, commercial banks’ reserves increased by $457.7m, or 11.19%.
Total liquid foreign exchange reserves held by the country at the end of November 2025 stood at $19,137.1m, compared to $19,174m in the previous month, reflecting a net decrease of $36.9m.
On a yearly basis, Pakistan’s total reserves increased by $3,008.6m, or 18.66%, from $16,128.5m in November 2024.
Looking at the fiscal year trend, reserves have shown significant recovery from $15,598.7m in January 2025, marking an improvement of $3,538.4m, or 22.71%, over the ten-month period ending November 2025.
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