ISLAMABAD (Kashmir English): Pakistan’s foreign exchange reserves have recorded a significant increase following the receipt of fresh financing from the International Monetary Fund, with the country’s total reserves crossing $22.5 billion.
According to figures released by the State Bank of Pakistan (SBP), Pakistan’s total foreign exchange reserves stood at $22.5885 billion as of May 15, 2026.
The data showed that official reserves held by the State Bank reached $17.0810 billion, crossing the $17 billion mark.
Meanwhile, net foreign exchange reserves maintained by commercial banks were recorded at $5.5075 billion, taking the country’s total reserves to $22.5885 billion.
The central bank stated that during the week ending May 15, 2026, official reserves increased by $1.2140 billion.
According to SBP, the increase was supported by inflows received under the IMF’s Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF) programmes, along with proceeds generated through Panda Bonds issuance.
The central bank added that despite the increase, certain external debt repayments were also made during the same period.
The latest improvement in reserves is expected to strengthen Pakistan’s external financing position and support exchange market stability.
