Pakistan’s foreign reserves drop by $69 million in one week

Pakistan’s foreign reserves drop by $69 million in one week

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According to an official announcement, the foreign exchange reserves of the State Bank of Pakistan (SBP) decreased by $69 million over the course of the previous week.

Details that emerged Thursday after the drop showed that the central bank’s reserves were $14.4566 billion. At the same time, commercial banks had $5.4609 billion in reserves.

The nation’s entire foreign exchange reserves consequently amounted to $19.9175 billion.

The State Bank of Pakistan (SBP) revealed this week that the country’s current account surplus for the fiscal year 2024–2025 was $2.1 billion.

This was the first annual surplus in 14 years, according to information that came to light on Friday. This contrasts with a $2 billion deficit in the previous fiscal year.

In contrast to the $500 million deficit in June 2024, the central bank reported a $330 million monthly surplus in June 2025.

The improvement has been credited by experts to record-high remittances.

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Syed Sadat Hussain Shah

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