Pakistan’s Foreign Reserves Decrease Due to Debt Servicing

During the past week, the country’s total liquid foreign reserves experienced a reduction of $40 million, primarily due to the servicing of external debts.

According to the State Bank of Pakistan’s (SBP) weekly report released on Thursday, the total liquid foreign reserves held by the nation amounted to $19.917 billion as of July 18, 2025. This represents a decrease from the $19.957 billion recorded on July 11, 2025.

The SBP’s reserves saw a decline of $69 million, reaching $14.457 billion during the week that was reviewed. This was attributed to repayments on external debts. Furthermore, the net foreign reserves held by commercial banks showed an increase of $29.4 million, bringing the total to $5.461 billion.