RECORDER REPORT

KARACHI: The country’s total liquid foreign exchange reserves have risen to a five-year high of USD 26.8 billion, following the arrival of Eurobond proceeds last week.

According to the State Bank of Pakistan (SBP), the central bank received USD 3 billion in Eurobond proceeds following the government’s successful auction in the international market.

With the Eurobond proceeds and other inflows, the SBP’s foreign exchange reserves increased by USD 3.061 billion to USD 21.389 billion as of September 11, 2026, compared with USD 18.328 billion a week earlier.

During the week under review, net foreign exchange reserves held by commercial banks also increased by USD 14 million to USD 5.402 billion, up from USD 5.388 billion a week earlier.

Cumulatively, the country’s total liquid foreign exchange reserves rose by USD 3.075 billion to a five-year high of USD 26.791 billion as of September 11, 2026, compared with USD 23.715 billion a week earlier.

Total reserves recorded at USD 26.8 billion are highest since September 2021, when the country’s total liquid foreign exchange reserves touched USD 27.1 billion mark.