Pakistan’s FX Reserves Rise to $21.25 Billion in January 2026

Pakistan’s total foreign exchange (FX) reserves increased to $21.25 billion as of the week ended 09 January 2026, reflecting a positive week-on-week improvement, according to data released by Tresmark.

Reserves held by the State Bank of Pakistan (SBP) rose slightly to $16.07 billion, showing an increase of $16 million compared to the previous week. Meanwhile, commercial banks’ reserves recorded a stronger gain, rising by $40 million to reach $5.18 billion.

Overall, the country’s total FX reserves posted a weekly increase of $56 million, marking a 0.26% growth compared to the week ended 02 January 2026. The steady improvement in reserves indicates better external inflows and enhanced stability in Pakistan’s foreign exchange position.

Market analysts view the consistent rise in reserves as a positive signal for currency stability and short-term external financing comfort.