SBP's reserves rise by $21m | The Express Tribune
Key Takeaways
- Pakistan's central bank reserves increased by $21 million to $14.40 billion for the week ending September 26, 2025.
- The Pakistani rupee appreciated slightly (0.01%) against the US dollar in the inter-bank market.
- Domestic gold prices fell by Rs2,500 per tola, mirroring a global decline after US Fed commentary on rate cuts.
- Total liquid foreign reserves for Pakistan reached $19.79 billion as of September 26, 2025.
- Silver prices in Pakistan increased slightly, contrasting with the drop in gold prices.
Pakistan's foreign exchange reserves saw a modest increase of $21 million during the week ending September 26, 2025, pushing the State Bank of Pakistan's reserves to $14.40 billion, contributing to total liquid reserves of $19.79 billion. The Pakistani rupee also continued its positive momentum, appreciating by 0.01% against the US dollar to settle at 281.27 in the inter-bank market. In contrast to the currency's gain, gold prices in Pakistan declined significantly, following a nearly 1% drop in international bullion prices after Dallas Fed President Lorie Logan advised caution regarding further interest rate cuts. Silver prices bucked the trend, edging higher by Rs13 per tola. Global markets were also influenced by developments concerning the US Supreme Court hearing arguments on President Trump's bid regarding Federal Reserve Governor Lisa Cook. Analysts suggest the future direction of gold hinges on developments surrounding a potential US government shutdown.
