Key Takeaways
- Pakistan's total liquid foreign exchange reserves dropped by USD 228 million.
- The decline was attributed to external debt repayments made by the State Bank of Pakistan.
- Despite the weekly decrease, reserves remain above the USD 22 billion mark.
Pakistan’s total liquid foreign exchange reserves fell by USD 228 million during the week ending July 24, 2026, according to data released by the State Bank of Pakistan (SBP).
The SBP reported that as of July 24, 2026, the country’s total liquid foreign exchange reserves stood at USD 22.442 billion, down from USD 22.669 billion a week earlier.
The decline in reserves was primarily due to external debt repayments made by the SBP during the week, with the central bank noting that these payments contributed to a decrease of USD 229 million in its foreign exchange reserves.
Meanwhile, the foreign exchange reserves held by commercial banks remained largely stable, increasing marginally to USD 5.412 billion from USD 5.411 billion in the previous week.
Despite the weekly decline, Pakistan’s overall foreign exchange reserves remain above the USD 22 billion mark, providing support to the country’s external position amid ongoing debt servicing obligations.
Governor of SBP Jameel Ahmed expressed confidence that reserves held by the central bank will rise to USD 20.20 billion by the end of December 2026, supported by sufficient foreign inflows.
