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The foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $69 million during the week ending July 18, 2025, as the country made scheduled external debt repayments, the central bank said in a statement on Thursday.

According to SBP data, the central bank’s reserves fell to $14.46 billion, down from $14.53 billion recorded a week earlier.

Meanwhile, net foreign reserves held by commercial banks were reported at $5.46 billion, bringing the total liquid foreign reserves of the country to $19.92 billion.

“During the week ended on July 18, 2025, SBP reserves decreased by $69 million to $14,456.6 million due to external debt repayments,” the statement said.

The decline comes a week after SBP reserves had seen a modest rise of $23 million, reaching $14.53 billion as of July 11.

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