Islamabad: Pakistan’s total foreign exchange reserves reached USD 15.94 billion as of February 14, marking an increase from the previous week’s USD 15.86 billion, according to the State Bank of Pakistan (SBP).
The SBP’s own reserves grew by USD 35 million to USD 11.2 billion, while commercial banks held USD 4.74 billion in net foreign reserves.
Meanwhile, the current account surplus for the first seven months of FY 2024-25 stood at USD 682 million, a sharp turnaround from last year’s USD 1.8 billion deficit, the SBP reported. However, in January 2025, the country recorded a USD 420 million deficit, with imports rising 11% to USD 5.45 billion, while exports declined 4% to USD 2.94 billion. The trade deficit widened 37% to USD 2.51 billion.
Despite the recent deficit, the overall improvement in the current account signals a more stable economic trajectory for Pakistan.
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