Forex Reserves to Hit All-Time High by December 2026
Wire desk byline Sourced from Xinhua, Dawn, Arab News, Anadolu and Minute Mirror. Translated and abridged by the GSRRA Desk.
Foreign exchange reserves held by the State Bank of Pakistan (SBP) are expected to hit a new high by the end of the current calendar year.
According to Topline Securities, SBP is expected to witness another milestone of touching an all-time high of forex reserves of over $20.2 billion by December 2026.
This level will be sufficient to cover 3x of monthly imports.
The brokerage house said this reserve forecast does not include any issuance of Panda bonds or Eurobonds. Any issuance of this nature will be a further upside to FX reserves targets.
Meanwhile, the current account deficit is likely to remain in the lower half of 0-1 percent of GDP. The central bank expects imports to grow by 8 percent during FY26 and exports to decline by 6 percent during the same year.
Reference Link:- https://propakistani.pk/2026/01/26/forex-reserves-to-hit-all-time-high-by-december-2026/
Zamir Ahmed Awan is the founder and Chair of the Global Silk Route Research Alliance, a think tank in Islamabad. He studied engineering at Shanghai University in the 1980s, and years later he went back to China as Pakistan's science counsellor in Beijing, from 2010 until 2016, working on science and higher education cooperation between the two countries.…
