Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $127 million to $10.572 billion as of April 11, 2025, due to external debt repayments.
According to the latest data shared by the central bank, total liquid foreign exchange reserves stood at $15.662 million as of April 11, 2025. The central bank attributed the decline to external debt repayments, with the latest week alone seeing a $127 million drop due to these financial obligations.
Meanwhile, reserves held by commercial banks stood at $5,089.6 million by April 11, which helped partially offset the overall decline in Pakistan’s foreign exchange reserves.
This reduction in SBP reserves underscores the ongoing challenges facing Pakistan’s external financial position, driven primarily by the need to service external debt. Despite the decrease in the central bank’s reserves, the reserves held by commercial banks have seen a positive trend, which provides some relief in the face of external pressures.
