SBP reserves inch up to $16.18b

Pakistan's foreign exchange reserves held by the State Bank of Pakistan (SBP) posted a modest increase during the week ended February 6, 2026, according to data released on Thursday. The SBP's FX reserves rose by $21 million on a weekly basis to $16.18 billion. Meanwhile, the country's total liquid foreign reserves stood at $21.37 billion. Of this, the net foreign reserves held by commercial banks amounted to $5.20 billion. Meanwhile, the Pakistani rupee marginally strengthened by Rs0.01 against the US dollar, closing at 279.65 in the inter-bank market compared with 279.66 a day ago. Gold prices in Pakistan remained unchanged on Thursday, mirroring a subdued trend in the international bullion market as stronger-than-expected US labour data tempered expectations of near-term Federal Reserve rate cuts, offsetting safe-haven demand arising from geopolitical tensions between the United States and Iran.