Karachi – Pakistan’s liquid foreign reserves declined by $152 million, standing at $15,928.9 million as of March 7, 2025.
According to data released by the State Bank of Pakistan (SBP) on Thursday, the central bank’s foreign reserves were recorded at $11,097.9 million, while net foreign reserves held by commercial banks stood at $4,831 million.
as per media report, the decline in SBP’s reserves was attributed to external debt repayments. A week earlier, SBP’s reserves had increased by $27 million to $11,249.5 million, following a $21 million rise the previous week, bringing the total to $11,222.4 million.
For the week ending February 14, 2025, SBP’s reserves had increased by $35 million to $11,201.5 million. However, a week prior, reserves fell by $252 million to $11,166.6 million due to external debt repayments.
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In the week ending January 31, 2025, SBP’s liquid foreign reserves grew by $46 million to $11,418.3 million, after a $76 million decline the previous week.
Similarly, during the week ending January 17, 2025, SBP’s reserves saw a drop of $276 million, settling at $11,448.7 million due to external debt repayments.
