Foreign exchange reserves reach $23.925bn

E-Paper | October 02, 2026

Foreign exchange reserves reach $23.925bn

The Newspaper's Staff Reporter Published November 5, 2021

A file photo of a person holding US dollar bills. — AFP/File

comments

Join our Whatsapp Channel

Add Dawn as a trusted source

KARACHI: Pakistan’s total liquid foreign reserves have reached $23.925 billion. According to a press release issued on Thursday, foreign reserves of the State Bank of Pakistan increased by $53 million to $17.199 billion during the week ended on October 29.

The reserves held by commercial banks stood at $6.726bn.

Published in Dawn, November 5th, 2021

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Business

SBP loses around $2bn in reserves in two weeks

SBP reserves fall by $31m

Looking at rupee’s fall with the new normal lens

M. Emad

Nov 05, 2021 08:31am

Bangladesh Foreign exchange reserves reach near $50 billion.

Recommend 0

Real time

Nov 05, 2021 09:11am

@M. Emad, india has over 500 billion in reserve. That shows the economic clarity where india and other two neighbours heading.

Recommend 0

Abrar Hassan

Nov 05, 2021 09:17am

@M. Emad, Tell your leaders Nawaz Sharif and Zardari to bring the looted wealth back and we’ll have more than $100 billion in reserves.

Recommend 0

Justice

Nov 05, 2021 09:26am

It is nowhere comparable to India's foreign reserves.

Recommend 0

EEsan

Nov 05, 2021 11:07am

Majority of this balance is borrowed money. It is not available for spending.

Recommend 0

Kamran

Nov 05, 2021 11:42am

@M. Emad, there are some fake figures in there where BD is counting $ 8 billion as reserves which are not actually reserves as per international definition. Better check rest of them before its too late.

Recommend 0

Kamran

Nov 05, 2021 11:50am

@M. Emad, After the payments, the forex reserves stood at $44.87 billion on the day from $46.47 billion of the previous working day, according to the Bangladesh central bank's latest statistics. Minus the $ 7.2 billion of inflated reserves, it comes to $ 37 Billion. Quite a difference from $ 50 billion you are dreaming.

Recommend 0

Kamran

Nov 05, 2021 11:52am

@M. Emad, Bangladesh's import-payment obligations have increased significantly in recent months for big purchases of textile products along with upward trend in fuel-oil prices on the global market. Actually, the lower inflow of remittance and higher import bills have built up pressure on the country's forex reserves, leading to a steady devaluation of Bangladesh Taka (BDT) against the US dollar.

Recommend 0

Abdullah

Nov 05, 2021 12:08pm

These are all borrowed.what amess we are in due to imran khan incompetence.

Recommend 0

ENGR Hamid Shafiq

Nov 05, 2021 01:01pm

@M. Emad, We have no interest in Bangladesh foreign reserves. Our Iron Brother reserves more than any country on earth.

Recommend 0

Dr. Salaria, Aamir Ahmad

Nov 05, 2021 03:18pm

Great move and excellent news.

Recommend 0

rns

Nov 05, 2021 04:03pm

plus or minus 5 billion Saudi loans

Recommend 0

Zia Ullah Khan

Nov 05, 2021 04:48pm

Yes forex reserves are a good measure of a country's economic standing. But visiting Dhaka and seeing thousands of cycle rickshaws whereby a human pulls another human also give another measure of the country's economy.

Recommend 0

YS-USA

Nov 05, 2021 06:51pm

@Real time , India’s foreign exchange reserves are 640 billions as of October 22, 2021.

Recommend 0

Iftekhar Hassan

Nov 05, 2021 07:11pm

Beside almost $50 billion in reserve Bangladesh now has the highest per capita income in south-Asia and expected to be $3,000 per year soon. Far more than India and Pakistan.

Recommend 0

Nov 05, 2021 08:22pm

Every milestone towards prosperity is a great achievement itself for a country full of people* like us. No magic stick that can turn the tables over a short span of time. May it be growing for years over years to come.

Recommend 0

Maria

Nov 05, 2021 11:27pm

@Real time , that’s because you sent majority of your ppl all around the world and they are sending remittances. And you don’t have to gloat over your 500 billion . We got nawaz sharif and zardari who stashed most of Pakistan’s billions abroad in their private bank accounts

Recommend 0

Multani

Nov 06, 2021 12:23am

Sure Indian reserves may be over 600 billion but no use to us, it is a much bigger country with big economy, we need not compare everything with Indians especially where they are better.

Recommend 0

Branded Content

Putting better health in more hands: Reckitt Pakistan unveils Saaf Sehatmand Pakistan in partnership with Aga Khan Foundation

Powered by Dettol and Harpic, the flagship platform begins in schools to provide safe drinking water, rehabilitated toilets, handwashing facilities and hygiene education.

28 years of McDonald’s Pakistan: celebrating the local partners behind the Golden Arches

The milestone highlighted the structural evolution of the company's local procurement model.

Etihad Town Sialkot delivers Possession ahead of time

The project was delivered within just 1.5 years against a 3-year payment plan, while commercial possession had already been handed over to customers in January 2026.