Pakistan’s foreign exchange reserves saw a decline recently. According to the State Bank of Pakistan (SBP), reserves held by the central bank fell by $1.305 billion during the week ending June 19, 2026. This drop was mainly because of external debt repayments.
The SBP’s reserves went down from $17.221 billion to $15.916 billion. Total liquid foreign exchange reserves for the country stood at $21.485 billion, including reserves with commercial banks.
Key Reserve Figures (as of June 19, 2026):
| Category | Amount (in billion USD) |
| SBP Reserves | 15.916 |
| Commercial Banks Reserves | 5.568 |
| Total Liquid Reserves | 21.485 |
This decrease is expected to be short-term. The central bank has already received fresh inflows. These include $0.7 billion from a multilateral institution and nearly $1.7 billion through refinancing of a government commercial loan. These funds should help boost reserves by the end of June.
Pakistan continues to manage its external payments carefully. Stronger reserves are important for the country’s financial stability, paying for imports, and building confidence among investors. The government is working with international partners to keep the economy steady.
Experts believe such ups and downs are normal in reserve management. With new inflows coming in, Pakistan aims to maintain healthy reserve levels to support economic growth and handle future challenges.