Markets
SBP-held foreign exchange reserves fall to nearly five-month low
- Total liquid foreign reserves held by country stand at $15.93 billion
SBP FX reserves since January 2025
Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $152 million on a weekly basis, clocking in at $11.10 billion as of March 7, data released on Thursday showed.
Total liquid foreign reserves held by the country stood at $15.93 billion. Net foreign reserves held by commercial banks stood at $4.83 billion.
This takes the SBP-held reserves to nearly five-month low.
The central bank attributed the decline in the reserves to debt repayment.
“During the week ended on 7-Mar-2025, SBP reserves decreased by US$ 152 million to US$ 11,097.9 million due to external debt repayments,” it said.
Last week, SBP foreign exchange reserves increased by $27 million.
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