Pakistan’s forex reserves rise to $26.8 billion ...

Summary

•   KARACHI: Pakistan’s foreign exchange reserves recorded a modest increase during the week ended October 2, 2026, while gold prices in the domestic market rebounded slightly on Thursday following a sharp decline in the previous session.
• According to the latest data released by the State Bank of Pakistan (SBP) on Thursday, the central bank’s foreign exchange reserves increased by $15 million to $21.454 billion during the week under review.
• In the domestic bullion market, gold prices edged higher on Thursday as international prices recovered modestly amid uncertainty surrounding the US Federal Reserve’s interest rate outlook and concerns about rising US government debt.

AI Generated Summary

KARACHI: Pakistan’s foreign exchange reserves recorded a modest increase during the week ended October 2, 2026, while gold prices in the domestic market rebounded slightly on Thursday following a sharp decline in the previous session. The Pakistani rupee also maintained its upward momentum against the US dollar, whereas silver prices moved lower.

According to the latest data released by the State Bank of Pakistan (SBP) on Thursday, the central bank’s foreign exchange reserves increased by $15 million to $21.454 billion during the week under review.

The country’s total liquid foreign exchange reserves also rose, reaching $26.797 billion compared with $26.771 billion a week earlier. The figures indicate an overall increase of $26 million in the country’s liquid reserves.

However, the improvement in the country’s overall reserve position came despite a decline in foreign currency holdings maintained by commercial banks. Their net foreign exchange reserves fell by $17 million to $5.344 billion during the same period.