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Foreign currency reserves hit $20b Pakistan's total liquid foreign exchange reserves rose to $20.03 billion as of July 4, 2025, a 39-month high, according to data released by the State Bank of Pakistan (SBP) on Thursday. The increase was driven by a significant boost to the central bank holdings. The SBP's foreign reserves surged $1.77 billion during the week, reaching $14.50 billion, primarily due to official inflows. Meanwhile, commercial banks' net reserves stood at $5.53 billion. "SBP's reserves rose to $14.5 billion in June 2025 – a 39-month high," said Arif Habib Limited (AHL). After reaching the peak of $15 billion in March 2022, the reserves experienced a considerable decline, hitting the low of $2.9 billion in January 2023 amidst a period of economic uncertainty and balance of payments challenges, according to data compiled by AHL. However, a gradual but consistent recovery began around mid-2023, with reserves steadily increasing from a low point of...
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