KARACHI – The State Bank of Pakistan (SBP) has reported a rise of $118 million in its foreign exchange reserves, pushing the total to $10.3 billion. According to the latest data released on Friday, the central bank noted a steady inflow that contributed to this boost. This increase comes as a positive development for the country’s external account amid ongoing economic reforms. In addition to the SBP reserves, the foreign exchange reserves held by commercial banks also rose by $113 million. These now stand at $5.15 billion, reflecting growing investor confidence and improved inflows. Overall, the combined foreign reserves of Pakistan now exceed $15.4 billion. This increase is expected to ease pressure on the rupee and strengthen the country’s ability to meet external payment obligations. Economists believe this upward trend in reserves signals a stabilising economy. It also supports Pakistan’s negotiations with international lenders and investors for further financial support. Moving forward, experts suggest that continued fiscal discipline and export growth will be key to maintaining this momentum and strengthening the country’s financial position.