SBP achieves FX reserves target

The State Bank of Pakistan (SBP) successfully met its foreign exchange reserves target for FY26, with its holdings surpassing USD18 billion by the end of June 2026. In the last week of June, SBP’s reserves rose significantly around USD 2 billion. The milestone reflects improved external account stability, supported by higher remittance inflows, maturity of timely external financing and better debt management. READ MORE: SBP-held forex reserves rise by $611mn to $16.5bn on multilateral inflows According to the SBP’s weekly report released on Thursday, the SBP’s foreign exchange reserves rose by USD 1.944 billion to USD 18.471 billion during the week ended July 3, 2026, up from USD 16.527 billion a week earlier.