Decline in Pakistan’s Liquid Foreign Exchange Reserves

Pakistan’s total liquid foreign exchange reserves experienced a reduction of $226 million during the past week, primarily due to the servicing of external debt.

According to the State Bank of Pakistan’s (SBP) recent weekly report, the nation’s total liquid foreign exchange reserves amounted to $15.436 billion as of April 18, 2025. This represents a decrease compared to the $15.662 billion reported on April 11, 2025.

During the week examined, the SBP’s reserves diminished by $367 million, reaching $10.206 billion, attributed to external debt payments.

However, reserves held by commercial banks saw an increase of $140.5 million, rising from $5.09 billion to $5.23 billion.