Pakistan just pulled off something amazing with its money reserves. The State Bank of Pakistan saw its foreign cash pile jump to a whopping $14.51 billion when the fiscal year ended on June 30, 2025. That number shot up from just $9.39 billion the year before, adding a massive $5.12 billion to the pot. The central bank released these numbers and they show Pakistan turned things around big time. This marks the highest reserves the country has seen since early 2018.
The International Monetary Fund had set targets for Pakistan under a $7 billion loan program. Pakistan smashed right through those targets and kept going. The country had been struggling with serious money problems for years, but this changes everything. Import cover also got...