Delay in loans is not going to adversely have an effect on Pakistan’s exterior sector place within the brief time period resulting from $16 billion in gross overseas change reserves. PHOTO: FILE
KARACHI:
Pakistan’s complete liquid overseas change reserves stood at $21.25 billion as of January 9, 2026, in line with information launched by the State Financial institution of Pakistan (SBP) on Thursday.
The reserves comprised $16.07 billion held by the SBP and $5.18 billion with business banks, taking the general liquid reserves to $21.248 billion. Throughout the week ended January 9, the SBP’s overseas change reserves rose by $16 million, reflecting a modest enchancment within the central financial institution’s exterior buffers. The rise took the SBP-held reserves to $16.072 billion. Furthermore, the SBP injected a cumulative Rs358.5 billion into the banking system by way of separate typical and Shariah-compliant open market operations (OMOs) to handle short-term liquidity.
In keeping with the central financial institution, it carried out a Shariah-compliant Mudarabah-based OMO (injection) with an eight-day tenor, accepting your entire quantity of Rs155 billion provided at a price of return of 10.55% each year. Two bids had been accepted, with the realised worth of Rs155.44 billion, reflecting sturdy participation from Islamic banks.
In parallel, the SBP carried out a traditional OMO by way of reverse repo (injection) for a similar eight-day tenor, the place banks provided Rs203.5 billion. The central financial institution accepted bids value Rs201.17 billion at a cut-off price of 10.51%, with eight quotes accepted. Moreover, the Pakistani rupee appreciated by one paisa in opposition to the US greenback in inter-bank buying and selling and closed at Rs279.96 in comparison with the day before today’s shut at Rs279.97. In the meantime, gold costs registered a notable decline within the native market on Thursday as the value of pure gold per tola decreased by Rs3,700 to settle at Rs482,462.
The value of 10 grams of pure gold dropped by Rs3,172 to Rs413,633, in line with the All Pakistan Sarafa Gems and Jewellers Affiliation.
Silver costs additionally recorded a downward development, with 24-karat silver per tola declining by Rs150 to Rs9,425, whereas the value of 10 grams of silver decreased by Rs129 to Rs8,080. Within the worldwide market, gold costs declined as weaker-than-expected US weekly jobless claims information boosted the greenback, whereas US President Donald Trump’s moderated tone on Iran additional weighed on safe-haven demand for the metallic.
Spot gold was down 0.1% at $4,614.97 per ounce as of 1610 GMT, in line with Reuters. Bullion hit a report $4,642.72 on Wednesday. US gold futures for February supply fell 0.3% to $4,619.80.
