SBP Reserves Drop 6% to $20.52 Billion After Eurobond Repayment

Pakistan’s foreign exchange reserves declined sharply during the past week following a major external debt repayment, according to the State Bank of Pakistan (State Bank of Pakistan).

The central bank reported a decrease of $1.37 billion in total liquid reserves, bringing the country’s holdings down to $20.52 billion for the week ending April 10, 2026.

Reserves held by the SBP dropped to $15.08 billion from $16.40 billion a week earlier, reflecting a weekly decline of $1.32 billion. Meanwhile, reserves held by commercial banks also saw a slight decrease of $50 million, settling at $5.45 billion.

Overall, Pakistan’s total liquid reserves fell from $21.89 billion to $20.52 billion on a week-on-week basis.

Market analysts noted that the decline follows Pakistan’s repayment of a $1.4 billion Eurobond, which exerted significant pressure on reserve levels. According to estimates by Topline Securities, the current reserves provide import cover of approximately 3.08 months, down from 3.35 months in the previous week.

However, some relief is expected in the coming data cycle, as Saudi Arabia has deposited $2 billion into the SBP, which will be reflected in next week’s reserves update.

The latest figures highlight ongoing external sector pressures, even as inflows continue to provide temporary support to the country’s foreign exchange position.

FinanceSECP Plans to Impose Extra Charges on Mutual Fund Investors at the Time of WithdrawalBy Sabica Tahira|5 hours ago|2 min readThe Securities and Exchange Commission of Pakistan (SECP) has proposed a new pricing mechanism for mutual funds aimed at improving fairness in how transaction costs.

FinancePakistan Finance Minister Highlights Remittances as Key to Economic StabilityBy Sabica Tahira|1 day ago|2 min readFinance Minister Muhammad Aurangzeb has emphasized the critical role of overseas Pakistanis in supporting the country’s economic stability, urging continued remittances and investment inflows through.

FinanceSocial Media Influencer Regrets Bringing USD to Pakistan Through Bank AlfalahBy Abdul Wasay|1 day ago|3 min readAn overseas Pakistani has raised concerns about difficulties in bringing US dollars into Pakistan, describing the banking process as complicated and frustrating. The post has.

FinanceFinance Minister Signals Possible Future IMF Loan as $1.3 Billion Tranche NearsBy Sabica Tahira|2 days ago|2 min readPakistan is expecting to receive the next $1.3 billion tranche from the International Monetary Fund soon, Finance Minister Muhammad Aurangzeb said during interactions with international media. Speaking in Washington, D.C. on.