Pakistan’s foreign exchange reserves witnessed a sharp decline during the week ended July 10, 2026, mainly due to external debt repayments.
According to the State Bank of Pakistan (SBP), its foreign exchange reserves fell by $1.245 billion over the week to $17.226 billion, down from $18.471 billion a week earlier.
The central bank attributed the decline to repayments against external debt obligations.
Despite the drop in SBP-held reserves, the country’s total liquid foreign reserves stood at $22.676 billion as of July 10.
This includes $17.226 billion held by the SBP and $5.450 billion maintained by commercial banks.
The latest decline reverses a big chunk of the $1.944 billion increase recorded in the previous week.
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