Pakistan’s foreign exchange reserves recorded a steep decline during the week ending July 10, 2026, as scheduled external debt repayments weighed on the country’s holdings.

The State Bank of Pakistan (SBP) reported that its foreign exchange reserves fell by $1.245 billion to $17.226 billion, compared with $18.471 billion a week earlier.

According to the central bank, the decline was entirely driven by external debt servicing during the reporting week.

Overall, Pakistan’s total liquid foreign reserves stood at $22.676 billion. Of this, the SBP held $17.226 billion, while commercial banks accounted for $5.450 billion in net foreign exchange reserves.

The latest figures highlight the impact of debt repayments on the country’s external account, even as total liquid reserves remain above the $22.6 billion mark.