Forex Reserves Surge to $16 Billion – Highest in Two Years

January 9, 2026 8:13 pm

Forex Reserves Surge to Billion – Highest in Two Years

1. Understanding Pakistan’s⁣ Foreign exchange⁢ Reserves

Pakistan’s⁣ foreign exchange reserves have recently reached a critically important milestone, climbing to $16 billion – a level not seen as fiscal year 2021. This ⁣positive advancement signals increasing‍ stability in the nation’s financial landscape and offers reassurance regarding ⁣its exchange rate policies.Understanding these reserves, and what drives ⁢them, is‌ crucial for anyone invested in or following the Pakistani economy.

Understanding Pakistan’s⁣ Foreign exchange⁢ Reserves

Historically, Pakistan’s reserves peaked at $17.29 billion in FY21. However, a subsequent ⁤decline saw ⁤them fall to a⁢ concerning ‍low⁢ of $4.44 billion in FY23, bringing the country perilously close to a ⁤default situation. Fortunately, the⁣ tide has turned.

Recent data, reported as of January 2,⁢ 2026,‌ indicates a $141 million increase, bringing total reserves to $16.055 billion. Total liquidity within ‍the country now stands ‌at $21.19 billion, with commercial‍ banks holding a net ⁤$5.136 billion. This improvement is a testament to strategic ‌interventions and favorable economic conditions.

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Full Name: Jonathan Reed Role: Editor, News Category: News Location: London, United Kingdom Education: MA in International Journalism, City, University of London Experience: 16+ years in investigative and global news reporting Expertise: International affairs, investigative journalism, political analysis, breaking news Awards: British Press Award for Investigative Reporting 2022 Professional Affiliations: Member, International Press Institute Languages: English (native), French (conversational) Bio: Jonathan Reed is a veteran news editor and investigative journalist with over 16 years of experience reporting on major global events and political developments. He holds an MA in International Journalism from City, University of London. Jonathan is known for his commitment to unbiased, fact-checked reporting and his ability to break complex stories for a global audience. As Editor of the News section at World Today Journal, he leads coverage of breaking news, politics, and world affairs.