Pakistan’s official reserve assets rose significantly by $1.54 billion, or 9.8%, reaching $17.35 billion by the end of September, compared to $15.81 billion recorded in the previous month, according to official data.
The official reserve assets include foreign currency reserves, gold, Special Drawing Rights (SDRs), the reserve position in funds, and other reserve assets.
Gold reserves, comprising gold deposits and swapped gold, surged by $242.62 million (4.6%) to $5.47 billion compared to last month.
Foreign currency reserves, which include securities, deposits, and currency held with central banks and institutions domestically and abroad, rose by $135.9 million (2.7%) to $5.12 billion from $4.99 billion the previous month.
Other reserve assets saw the largest increase, climbing by $827.6 million (15.6%) to $6.12 billion from $5.3 billion recorded in August.
The country’s SDR holdings also increased significantly, standing at $629.59 million—an increase of 115.2% ($337.06 million) from the previous month’s $292.54 million. SDRs are international reserve assets valued based on a basket of five major currencies: the US dollar, euro, Chinese renminbi, Japanese yen, and British pound sterling.
Pakistan’s reserve position in the IMF remained relatively stable at $0.16 million, showing little change from the previous month.
