The central bank said the rise was mainly driven by routine foreign inflows and scheduled repayments, reflecting normal financial activity rather than any one-off support. This steady movement suggests that the flow of dollars in and out of the system remains broadly balanced.

Meanwhile, commercial banks held net foreign reserves worth $5.137 billion. With this addition, the country’s total liquid foreign reserves climbed to $21.192 billion.

Economists see this gradual increase as a sign of calm rather than excitement. While the gain is not dramatic, it points to a period of relative stability in Pakistan’s foreign exchange position.

The SBP noted that such stability is important as the country continues its efforts to better manage external accounts and reduce pressure on the balance of payments.

Overall, the latest figures paint a picture of cautious improvement. The reserves are not surging, but they are holding their ground—an outcome that brings a measure of confidence to policymakers and markets alike.