Foreign exchange reserves
aid & finance. Also FX reserves, liquid foreign reserves
Foreign currency and other liquid external assets held by the State Bank of Pakistan, and in the wider measure also by commercial banks, used to pay for imports, service foreign debt and steady the rupee. They are often expressed in months of import cover; IMF programmes set targets for them. In September 2026 the State Bank’s reserves were reported at about $21.4 billion and total liquid reserves at about $26.8 billion.12
Linked from 4 pages across CUPA.
Sources
- Foreign exchange reserves near $29b. The Express Tribune, 2026-09. Press
- SBP reserves gain $1.2 billion in one week. ProPakistani, 2026-09-10. Press

