Pakistan’s foreign exchange position showed a slight improvement in the week ending June 5, 2026, with central bank reserves posting a modest gain, even as currency and gold markets moved in different directions.
Data released by the central bank showed that foreign exchange reserves held by the State Bank of Pakistan rose by $25 million in a week.
This took the total to $17.215 billion, compared with $17.190 billion a week earlier.
Overall liquid foreign reserves stood at $22.67 billion. Of this, $17.215 billion was held by the State Bank of Pakistan and $5.457 billion remained with commercial banks.
While the increase is small, it reflects continued stability in the country’s external position at a time when import payments, debt servicing and global market shifts keep pressure on reserves.
PKR’s recent performance
The Pakistani rupee showed little movement against the US dollar on Thursday, improving by just one paisa in the inter-bank market.
It closed at Rs278.35 compared with the previous day’s closing of Rs278.36.
For consumers and businesses, such limited movement signals short-term stability in import costs, especially for fuel, food items and machinery that depend on dollar-linked pricing.
Gold prices fall
In contrast to international trends, gold prices in Pakistan continued their downward adjustment.
According to the All-Pakistan Gems and Jewellers Sarafa Association, gold per tola fell by Rs9,720 to settle at Rs432,716.
The decline came even as global markets saw a recovery. International spot gold rose 2 percent to $4,153.71 per ounce, rebounding after earlier losses.
Market experts linked the global bounce to easing geopolitical tensions after reports that US President Donald Trump called off planned military strikes on Iran. The move reduced fears of a wider conflict in the Middle East, which had earlier pushed investors towards safe-haven assets like gold.
Analysts say the easing of such risks helped stabilise global sentiment, though local prices in Pakistan continued to adjust after recent volatility.
Read next: PSX surges over 1,900 points as investors await budget announcement
