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Pakistan’s FX Reserves Edge Up to $14.44 Billion, Marking a Second Weekly Gain

The increase follows external debt repayments including a $500 million Eurobond.

Overview

  • State Bank of Pakistan reserves rose by $21 million to $14,440.8 million for the week ended October 10, according to official data.
  • Total liquid foreign reserves stood at $19,810.5 million, with commercial banks holding $5,369.7 million.
  • The weekly change came as the central bank executed scheduled external debt payments, including a $500 million sovereign Eurobond.
  • The latest rise follows a $20 million increase the previous week, extending a pattern of modest consecutive gains.
  • Reporters and analysts cite export proceeds and remittances supporting the build, while warning of persistent risks from debt obligations, import pressures and volatile oil prices.