RECORDER REPORT

KARACHI: Pakistan’s total liquid foreign exchange reserves declined by USD 73 million, settling at USD 21.302 billion for the week ended February 13, 2026, according to data released by the State Bank of Pakistan (SBP).

During the week under review, the foreign exchange reserves held by the SBP registered a modest increase. In contrast, net foreign reserves held by commercial banks recorded a decline.

The SBP reported its reserves rose by USD 19 million to reach USD 16.197 billion end of the last week. Reserves held by commercial banks fell by USD 92 million to USD 5.105 billion, compared with USD 5.197 billion a week earlier.

Overall, the marginal decline in the country’s total liquid reserves reflects fluctuations in commercial bank holdings despite a slight build-up in the state bank’s reserves.