Pakistan’s Forex Reserves Hit $21.1 Billion Peak. Pakistan’s foreign exchange reserves have reached their highest level since March 2022.
According to the State Bank of Pakistan (SBP) data, the country’s foreign exchange reserves have reached $21.1 billion, of which the reserves held by the State Bank of Pakistan are recorded at $15.9 billion.
Along with this, Pakistan’s import capacity has exceeded 2.6 months, while in February 2023 this period was less than two weeks.
Economists say that the increase in reserves is not due to external debt but due to local economic growth and restoration of investor confidence.
Total liquid foreign #reserves held by the country stood at US$21.09 billion as of December 12, 2025.
For details: https://t.co/WpSgomnKT3#SBPReserves pic.twitter.com/HwEwSnUFax— SBP (@StateBank_Pak) December 18, 2025
According to them, the external debt-to-GDP ratio has decreased from 31 percent to 26 percent, which reflects fiscal discipline and reform measures.
According to experts, the central bank’s reserves were $2.9 billion in 2023, which have now increased to $15.9 billion.
He says that Pakistan is moving away from a temporary economic policy based on debt and towards sustainable external economic stability.
It is pertinent to mention that in June 2025, Pakistan’s foreign reserves Increased by over $5 billion in FY25.
