Reserves rise $22m to $14.52b

Pakistan's foreign exchange reserves recorded a slight increase during the week ended November 7, 2025, driven by a modest rise of $22 million in the State Bank of Pakistan's (SBP) holdings. According to data released by the central bank on Thursday, the SBP's reserves rose by $22 million to $14.524 billion compared to $14.502 billion in the previous week. Meanwhile, net foreign reserves held by commercial banks stood at $5.199 billion, bringing the country's total liquid foreign exchange reserves to $19.724 billion. The Pakistani rupee remained largely stable against the US dollar, showing no day-on-day change in inter-bank trading. According to data released by SBP, the local currency closed unchanged at Rs280.76 per dollar compared to the previous day's close. So far in the current calendar year to date, the rupee has depreciated by 0.79%, while it has appreciated by 1.07% during the current fiscal year to date, according to Ismail Iqbal Securities.