Forex reserves jump to USD22.59bn

Pakistan’s total liquid foreign exchange reserves rose sharply to USD 22.5885 billion during the week ended May 15, 2026, supported by inflows from the International Monetary Fund (IMF) and proceeds from Panda Bonds. According to the latest weekly report issued by the State Bank of Pakistan (SBP), its own foreign exchange reserves increased by USD 1.214 billion during the week to reach USD 17.081 billion, compared with USD15.8674 billion a week earlier. The increase in SBP’s reserves was mainly driven by the receipt of funds amounted to USD 1.3 billion from the IMF under the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF), along with proceeds of worth USD 750 million from the issuance of Panda Bonds.