Pakistan’s liquid foreign exchange reserves climbed to $26.79 billion by Sept. 11, with SBP reserves reaching $21.39 billion amid improving external-sector indicators.
Pakistan’s liquid foreign exchange reserves have reached a new high of $26.791 billion, with the State Bank of Pakistan’s reserves rising to $21.389 billion as of Sept. 11, 2026, according to the latest central bank data.
The State Bank reported that its reserves stood at $21.389 billion, while reserves held by commercial banks amounted to $5.402 billion, bringing the country’s total liquid foreign exchange reserves to $26.791 billion. The figures mark a significant increase from the previous week, when total reserves stood at $23.716 billion.
Prime Minister Shehbaz Sharif welcomed the development and thanked Allah for the increase in the country’s foreign exchange reserves. He described the reserves reaching around $21.4 billion at the central bank as an important milestone toward economic stability.
According to the prime minister, stronger workers’ remittances, higher services exports, an improved current account position and fiscal discipline have contributed to the improvement in Pakistan’s external position.
The latest balance of payments data also show an improvement in the current account. Pakistan recorded a current account deficit of $543 million during the first two months of fiscal year 2026-27, down 36% from the $853 million deficit recorded during the corresponding period of the previous fiscal year. The August deficit stood at $98 million, compared with $445 million in July.
Workers’ remittances have remained an important source of foreign exchange. The SBP data show that remittances reached about $3.66 billion in August 2026, compared with $3.14 billion a year earlier. Remittances for July and August combined totaled about $7.29 billion.
The prime minister also pointed to Pakistan’s renewed access to international capital markets as an indication of improving international confidence in the economy. He said stronger reserves would enhance the country’s capacity to meet external payment obligations and provide greater resilience against external economic pressures.
He said a stronger foreign exchange position could also support investor confidence and create a more favorable environment for investment and sustainable economic growth.
Prime Minister Shehbaz Sharif acknowledged Finance Minister Muhammad Aurangzeb, the governor of the State Bank, the government’s economic team and overseas Pakistanis for their contributions to the improvement.
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