As of August 1, 2025, Pakistan’s total liquid foreign exchange reserves stood at $19.50 billion, reflecting a decline of $111 million from the previous week.

According to data released by the State Bank of Pakistan (SBP):

SBP-held reserves dropped by $72 million, reaching $14.23 billion

Commercial banks’ reserves fell by $40 million, now at $5.26 billion

The current import cover stands at 2.33 months, underscoring continued pressure on the external account despite relatively stable inflows in recent weeks.

The decline highlights persistent challenges related to debt repayments, limited foreign inflows, and rising trade-related outflows.