July 13, 2026
SBP Forex Reserves Jump $1.94bn to $18.47bn as Pakistan Achieves FX Target; Governor Eyes $20.2bn by Year-End
Pakistan's State Bank held foreign exchange reserves of $18.47 billion as of July 3 — up $1.94 billion from the prior week following government inflows — after achieving its IMF programme FX target ahead of schedule. SBP Governor Jameel Ahmad said the bank is on course for $20.2 billion in reserves by December 2026. The figures represent a six-fold increase from below $3 billion in February 2023, when Pakistan came close to a sovereign default.




