Karachi The State Bank of Pakistan (SBP) reported a modest uptick in its foreign exchange reserves, rising $22 million to $14.52 billion for the week ending November 7, 2025, signaling tentative stabilization in the nation’s volatile financial landscape. Total liquid foreign reserves across the country climbed to $19.72 billion, with commercial banks contributing $5.20 billion to the pool, according to Thursday’s central bank data.
“SBP’s FX reserves increased by US$22 million to US$14,524.6 million,” the SBP stated, marking a slight rebound from the prior week’s $14.50 billion level. This incremental gain comes against a backdrop of aggressive IMF-backed reforms, including subsidy cuts and revenue drives, aimed at bolstering depleted coffers strained by debt repayments and import pressures.
Economists view the uptick as a fragile positive, potentially easing rupee volatility and supporting import cover for essentials like oil and wheat. However, with external debt servicing looming at $28 billion annually, experts caution that sustained inflows from remittances—hovering at $30 billion yearly—and export growth are vital.