Pakistan’s Foreign Reserves Decrease Due to Debt Servicing

The total liquid foreign reserves of Pakistan experienced a reduction of $91 million in the past week, primarily due to the servicing of external debts.

According to the weekly report from the State Bank of Pakistan (SBP) released this Thursday, the nation’s total liquid foreign exchange reserves amounted to $15.662 billion as of April 11, 2025. This figure is a decrease from the $15.753 billion recorded on April 4, 2025.

The reserves held by the SBP have diminished to $10.572 billion, marking a $127 million decrease from the $10.699 million reported in the prior week. The central bank has attributed this decline to the repayment of external debts during the specified period.

Conversely, the net foreign reserves held by commercial banks saw a slight increase of $36 million, reaching $5.09 billion. This is a rise from the $5.053 billion held the previous week, offering a partial counterbalance to the overall reduction.