SBP forex reserves increase $17m

Pakistan's foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $17 million on a weekly basis to $15.87 billion during the week ended May 8, 2026, the central bank said on Thursday. The country's total liquid foreign reserves stood at $21.34 billion. Of these, the net reserves held by commercial banks amounted to $5.47 billion. Earlier, the SBP reported that it had received around $1.3 billion from the International Monetary Fund (IMF) under the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF). The IMF Executive Board completed the third review under the EFF on May 8 and approved the disbursement of SDR 760 million for Pakistan. In addition, the board also approved the second tranche of SDR 154 million under the RSF. According to the central bank, Pakistan received a total of SDR 914 million, equivalent to around $1.3 billion, o...