KARACHI – The State Bank of Pakistan (SBP) reported an increase of $21 million in its foreign reserves, bringing the total to $11,222.4 million as of February 21, 2025.

According to SBP data, Pakistan’s total liquid foreign reserves stood at $15,925.7 million, including $4,703.3 million held by commercial banks.

This marks a steady rise after a $35 million increase in the previous week, when reserves reached $11,201.5 million. However, before that, reserves had declined by $252 million due to external debt repayments.

In January 2025, SBP reserves fluctuated, with a $46 million increase in the last week of the month, followed by a $76 million drop due to debt payments. Similarly, on January 17, reserves fell by $276 million.

The recent increase in reserves is a positive development for Pakistan’s economy, reflecting a stabilizing trend amid ongoing financial challenges.