Karachi, November 27, 2025 – Pakistan’s total foreign exchange reserves declined by $133 million over the past week, the State Bank of Pakistan (SBP) reported on Thursday.
According to SBP’s weekly statistics, the country’s foreign reserves stood at $19.605 billion as of the week ending November 21, 2025, down from $19.738 billion recorded for the week ending November 14, 2025.
While the SBP’s own reserves saw a marginal increase of $30 million, rising from $14.551 billion to $14.581 billion, commercial banks experienced a notable decline. Their combined reserves fell by $143 million, reaching $5.044 billion.
Economic analysts attribute the overall decline in foreign exchange reserves primarily to import payments and repayment of external debts during the week. Despite the temporary drop, experts remain optimistic about future stability. They highlight that an upcoming installment of $1.2 billion from the International Monetary Fund (IMF) is expected to strengthen Pakistan’s forex reserves in the near term.
The SBP’s weekly report provides critical insight into the country’s economic health, reflecting trends in external payments and the banking sector’s liquidity. Maintaining stable foreign reserves is vital for ensuring currency stability, meeting import requirements, and supporting economic growth. Analysts emphasize that consistent monitoring and timely policy measures will be key to managing fluctuations in Pakistan’s foreign exchange reserves in the months ahead.