Pakistan’s foreign reserves dip to $15.66b amid debt repayments

Pakistan’s total liquid foreign reserves dropped to $15.66 billion as of April 11, 2025, primarily due to external debt repayments, according to the State Bank of Pakistan (SBP).

In its weekly report released Thursday, the SBP noted a decrease in its own reserves due to a repayment of $127 million external debt, which now stand at $10.57 billion, down from $10.7 billion the previous week.

Meanwhile, commercial banks' net foreign reserves rose slightly to $5.09 billion, up from $5.05 billion recorded a week earlier on April 4, 2025.

In total, the country’s reserves declined from $15.75 billion to $15.66 billion over the span of a week.

The SBP attributed the fall to routine repayments, but the trend underscores continued stress on Pakistan’s external account amid efforts to stabilize the economy and meet IMF conditions for extended financial support.