Pakistan’s liquid foreign exchange reserves recorded a sharp weekly decline, falling by $1.37 billion and bringing the country’s total reserves down to $20.52 billion for the week ending April 10, 2026, according to fresh data released by the State Bank of Pakistan.

The central bank’s holdings witnessed the biggest fall, decreasing to $15.08 billion from $16.40 billion a week earlier — a weekly drop of $1.32 billion. Meanwhile, reserves held by commercial banks also slipped slightly by $50 million, closing at $5.45 billion compared with $5.49 billion in the previous week.

Overall, Pakistan’s total liquid foreign reserves declined from $21.89 billion to $20.52 billion on a week-on-week basis, reflecting continued pressure on the country’s external account.

According to estimates by Topline Securities, the latest reserve level now provides import cover of roughly 3.08 months, down from 3.35 months recorded in the preceding week.

The decline largely follows significant external debt repayments, including the settlement of a $1.4 billion Eurobond, which temporarily reduced foreign currency buffers despite successful payment completion.

In a partial relief for reserves, Saudi Arabia recently pledged an additional $3 billion deposit while extending its existing $5 billion financial support facility to help Pakistan meet external financing needs and maintain targets linked to its program with the International Monetary Fund. Officials earlier confirmed that $2 billion from the Saudi package has already been received and is expected to reflect in upcoming reserve data.