Pakistan’s total FX reserves reach$15.25b: SBP

ISLAMABAD

The State Bank of Pakistan (SBP) saw its foreign exchange reserves grow by $9 million during April 25th week of 2025 reaching a new total of $10.21 billion. The total reserve holding of foreign money within the country reached $15.25 billion as reported by the SBP through its latest data updates on Thursday.

The net commercial bank holdings were measured at $5.04 billion.

The slight reserve increase of $9 million during the week of April 25 provides temporary protection after the central bank experienced its most significant monthly falter where its reserves decreased by $367 million to reach a seven-month low. The State Bank of Pakistan released no particular explanations regarding their current reserves growth.

SBP announced an increase in its reserves that reached US$ 10,214.4 million as reported by the central bank in a succinct statement on 25-Apr-2025.

A Fragile Improvement

The recent addition to foreign exchange reserves seems delicate even though other external account indicators continue to grow more challenging. The financial support from international lenders along with skyrocketing remittance levels cannot hide Pakistan’s continuing difficulties regarding import dependency and rising debt commitments on top of expanding trade deficits concerning both policymakers and investors.

The boosting foreign reserves takes place as Pakistan records its highest April import bill of $5.5 billion since August 2022 while facing a $3.4 billion monthly trade deficit. The persistent pressure from abroad presents a threat to undermine newly acquired reserves unless continuous foreign money enters the economy.

Broader Economic Picture

Economic officials in Pakistan work diligently to balance their actions across a narrow path where they both control the current account deficit and regain faith from investors. The stability of foreign exchange remittance inflows is uncertain because global trends keep changing.

The forthcoming debt commitments alongside volatile international commodity market value have created additional stress for Pakistan’s financial stability. Lack of sustainable export actions and fundamental economic changes will force the nation to experience numerous balance-of-payment crises.

Looking Ahead

A modest increase in reserves requires external financing and policy consistency and macroeconomic stability for the central bank to sustain and expand its reserves. Future discussions about International Monetary Fund (IMF) and other multilateral lender support attract widespread attention but all attention remains focused on the SBP’s upcoming monetary policy decisions and methods for controlling inflation and exchange rates and imports.