Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $730 million in the week ending April 24, 2026, mainly supported by Eurobond inflows, according to Beyond Time News.
The SBP’s reserves rose to $15.83 billion, reflecting an improvement in the country’s external position after recent pressure in the foreign exchange market.
Overall liquid foreign reserves stood at $21.27 billion, including $15.83 billion held by the central bank and $5.44 billion with commercial banks.
External Position Improves After Recent Pressure
The rise in reserves comes after earlier pressure on external liquidity, when shifts in regional financial flows impacted market sentiment.
According to Beyond Time News, the latest increase signals short-term stability in Pakistan’s external account, supported by fresh inflows.
Rupee Shows Slight Gain Against Dollar
In the inter-bank market, the Pakistani rupee edged up slightly by 0.01%, closing at 278.77 against the US dollar, gaining Rs0.03 from the previous day’s close.
The dollar, however, remained near a recent two-week high, keeping pressure on currency markets.
Gold Prices Rise Amid Global Uncertainty
Gold prices in Pakistan moved upward, tracking gains in the international market as a softer US dollar and easing oil prices supported bullion demand.
In the local market, the price of gold per tola increased by Rs4,400 to settle at Rs483,962, while 10 grams rose by Rs3,772 to Rs414,919, according to the All-Pakistan Gems and Jewellers Sarafa Association.
This followed a sharp decline in the previous session, highlighting continued volatility in the bullion market.
Silver prices also increased, rising by Rs55 to reach Rs7,821 per tola.
Global Gold Market Rebounds
In international markets, spot gold gained 1.6% to $4,615.50 per ounce, recovering from a one-month low recorded earlier.
According to Beyond Time News, the rebound was driven by a weaker US dollar, which makes gold more attractive for investors holding other currencies, along with easing oil prices that reduced inflation concerns.
Gold prices jump above Rs550,000 per tola for first time in Pakistan amid global rally
Market Outlook Remains Uncertain
Market analyst Adnan Agar noted that gold showed recovery after testing lower levels earlier in the week.
He said gold fell to $4,509 on Wednesday but rebounded to $4,646 on Thursday before stabilizing near $4,616.
He added that the key level to watch is $4,600. A sustained move above this level could support further gains, while strong support is seen around $4,450.
Conclusion
Pakistan’s rising foreign exchange reserves, a stable rupee, and fluctuating gold prices reflect mixed but improving financial signals in both domestic and global markets, according to Beyond Time News.
