SBP-held forex reserves fall by $1.305bn on external debt repayments
- Central bank says $2.4bn inflows to reflect in its FX reserves as on June 30
Pakistan's central bank foreign exchange reserves dropped by $1.305 billion to $15.916 billion due to external debt repayments, with future inflows expected to boost reserves.
- The $1.305 billion drop in SBP foreign exchange reserves.
- External debt repayments as the cause of the decline.
- Expected future inflows and reserve projections for FY26.
Foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by $1.305 billion during the week ended June 19, 2026, mainly due to external debt repayments, the central bank said on Monday.
The SBP said its foreign exchange reserves declined by $1.305 billion to $15.916 billion during the week ended June 19, from $17.221 billion a week earlier.
According to the central bank, the country’s total liquid foreign reserves stood at $21.484 billion as of June 19. Of these, the SBP held $15.916 billion, while commercial banks held net foreign reserves of $5.568 billion.
The central bank attributed the decline in its reserves to external debt repayments.
It further said the reserves would increase with a “GoP inflow of $0.7 billion from multilateral institutions and about $1.7 billion as refinancing of GoP commercial loan”.
“These inflows will be reflected in SBP’s FX reserves as on June 30,” the SBP said.
The central bank has projected its foreign exchange reserves to reach approximately $18 billion by the end of FY26.
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