Pakistan's foreign exchange reserves rise to $26.8bn in September, minister says
Federal Minister Tariq Fazal Chaudhry said the State Bank's reserves alone had crossed $21.4bn as total reserves climbed in September.
Written by EGazette’s AI. The facts are drawn from cited sources; the analysis is the AI’s own.
Pakistan's total foreign exchange reserves reached around $26.8 billion in September 2026, Federal Minister for Parliamentary Affairs Dr. Tariq Fazal Chaudhry said on Thursday, according to the Associated Press of Pakistan.
In a post on social media platform X, Chaudhry said the State Bank of Pakistan's own reserves had crossed $21.4 billion, describing the increase as an important development for the country's economic position.
Significance of the figures
Foreign exchange reserves are a closely watched indicator of a country's ability to meet its external obligations and stabilize its currency. A rising reserve position is generally seen as a positive signal for investor confidence and economic stability.
The minister's statement did not provide a detailed breakdown of the factors driving the increase, such as remittances, loan disbursements or export earnings, during the month.
Sources
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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