The State Bank of Pakistan’s (SBP) foreign exchange reserves increased by $49 million on a weekly basis, reaching $11.15 billion as of March 14, 2025, according to data released on Thursday. This marks a slight improvement in the country’s foreign reserves after fluctuations seen in recent weeks.
Pakistan’s total liquid foreign reserves, which include both central bank and commercial bank holdings, stood at $16.02 billion. Out of this, net foreign reserves held by commercial banks amounted to $4.87 billion. The central bank did not provide a detailed reason for the increase in reserves this week, leaving the factors behind the rise open to speculation.
The official statement from the SBP simply noted, “During the week ended on March 14, 2025, SBP reserves increased by US$49 million, bringing the total to US$11.15 billion.” Although no specific explanation was given, such fluctuations in reserves can be attributed to external factors such as inflows from international institutions, remittances, or exports, but no further information was disclosed in this instance.
This increase comes after a decline of $152 million in the central bank’s foreign exchange reserves the previous week, highlighting the ongoing volatility in Pakistan’s foreign reserve levels. Managing the reserves remains critical for the country as it continues to balance external debt obligations and economic challenges.
