Decline in SBP’s Foreign Exchange Reserves

According to data released on Thursday, the State Bank of Pakistan’s (SBP) foreign exchange reserves experienced a decrease of $127 million on a weekly basis, settling at $10.57 billion as of April 11.

The nation’s aggregate liquid foreign reserves totaled $15.66 billion. The net foreign reserves held by commercial banks amounted to $5.09 billion.

The central bank indicated that the reduction in reserves was due to the settlement of external debts.

“During the week concluding on April 11, 2025, SBP reserves diminished by US$ 127 million, reaching US$ 10,572.4 million as a result of external debt repayments,” the bank stated.

In the preceding week, the SBP’s foreign exchange reserves had seen an increase of $23 million.