SBP-held foreign exchange reserves increase $27mn, now stand at $11.25bn

SBP FX reserves since January 2025

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Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $27 million on a weekly basis, clocking in at $11.25 billion as of February 28, data released on Thursday showed.

Total liquid foreign reserves held by the country stood at $15.87 billion. Net foreign reserves held by commercial banks stood at $4.62 billion.

The central bank did not specify a reason for increase in the reserves.

“During the week ended on 28-Feb-2025, SBP reserves increased by US$ 27 million to US$ 11,249.5 million,” it said.

Last week, SBP foreign exchange reserves increased by $21 million.