Pakistan’s Foreign Exchange Reserves Decline

The State Bank of Pakistan’s (SBP) foreign exchange reserves experienced a reduction of $367 million on a weekly basis, settling at $10.21 billion as of April 18, according to data released on Thursday.

The nation’s total liquid foreign reserves are currently valued at $15.44 billion. The net foreign reserves held by commercial banks amount to $5.23 billion.

This decline has brought SBP reserves to their lowest point in seven months, with the last similar level recorded in September 2024.

The central bank has attributed this decrease to the repayment of external debts.

Official Statement

“During the week concluding on April 18, 2025, SBP reserves decreased by US$ 367 million to US$ 10,205.9 million due to external debt repayments,” the bank stated.

In the preceding week, the SBP’s foreign exchange reserves had decreased by $127 million.