State Bank of Pakistan’s foreign reserves fall by $540 million

Pakistan’s liquid foreign reserves stood at $15,551 million as of March 21, 2025.

According to the data released by the State Bank of Pakistan (SBP) on Thursday, liquid foreign reserves held by the central bank stood at 10,606.8 million.

As of March 21, 2025, net foreign reserves held by commercial banks stood at $4,944.2 million.

During the week ending March 21, SBP’s foreign reserves dropped by $540 million to $10,606.8 million due to external debt repayments. The previous week, reserves had risen by $49 million to $11,146.8 million, while a week before that, they declined by $152 million to $11,097.9 million for the same reason.

A week earlier, SBP’s reserves increased by $27 million to $11,249.5 million, following a $21 million rise the week before to $11,222.4 million.

On February 14, 2025, SBP’s reserves saw a $35 million increase to $11,201.5 million. However, a week earlier, they had dropped by $252 million to $11,166.6 million due to debt repayments.

At the end of January 2025, SBP’s reserves fluctuated, rising by $46 million to $11,418.3 million in the last week, after a $76 million decline to $11,372.4 million the previous week. On January 17, SBP’s reserves had fallen by $276 million to $11,448.7 million due to external debt repayments.