Despite large external debt payments, Pakistan’s foreign exchange reserves have remained at a stable level. According to officials, the country is set to receive a fresh tranche of 1.21 billion dollars from the International Monetary Fund in the coming days. This inflow is expected to further strengthen the reserve position.
At the same time, documents from the State Bank of Pakistan show a clear improvement over the past year. During this period, Pakistan’s total foreign exchange reserves increased by 6.50 billion dollars, reflecting steady financial management despite economic pressure.
Central and Commercial Banks Show Yearly Improvement
Looking more closely, the central bank’s own reserves rose by 5.55 billion dollars over the last year. In addition, foreign exchange reserves held by commercial banks increased by 956.7 million dollars. These figures suggest that both public and private banking sectors contributed to overall stability.
Meanwhile, economic experts see this trend as a positive sign. They say that holding stable reserves during heavy repayment periods shows resilience in the economy. Moreover, incoming IMF funds are expected to support the local currency and help manage future external payments. As a result, confidence in Pakistan’s financial outlook has improved, even during challenging times.
