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Pakistan’s Forex Reserves Fall by $1.26 Billion on Debt Payments

Pakistan’s Forex Reserves Fall by $1.26 Billion on Debt Payments

Pakistan’s liquid foreign exchange reserves declined by $1.26 billion during the week ending June 19, 2026, primarily due to external debt servicing, according to the State Bank of Pakistan (SBP).

The country’s total liquid reserves stood at $21.485 billion as of June 19, down from $22.746 billion the previous week. The fall was recorded in the central bank’s holdings, which dropped by $1.305 billion to $15.916 billion. Meanwhile, reserves held by commercial banks saw a slight increase.

The SBP noted that the decline is expected to be offset by $2.4 billion in external inflows received subsequently, which will be reflected in the reserves data for the week ending June 30, 2026.

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The recent decline in the State Bank’s foreign exchange reserves is linked to Pakistan clearing a debt obligation of $1.3 billion, according to a report on June 30.

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