SBP Forex Reserves Drop $1.245bn Due to External Debt Repayments

SBP Forex Reserves Drop $1.245bn Due to External Debt Repayments

The State Bank of Pakistan's (SBP) foreign exchange reserves fell by $1.245 billion, reaching $17.226 billion as of July 10, 2026. This decline from $18.471 billion a week earlier was mainly attributed to scheduled external debt repayments. The country's total liquid foreign exchange reserves now stand at $22.676 billion. This reduction in reserves could potentially exert pressure on the Pakistani Rupee against the US Dollar, influencing local gold prices.

بحوالہ / Source: www.brecorder.com