Pakistan’s short-term FX liabilities near $25bn in August 2026

Pakistan faced $24.69bn in foreign-currency outflows from loans, securities and deposits reaching maturity, Mettis Global reported, citing the State Bank of Pakistan’s August 2026 liquidity data. Official reserves stood at $27.87bn on August 31. Repayments due in more than three months and within a year formed the biggest maturity group, at $18.74bn.

Liabilities due within one month were $948.31mn, while another $5.01bn fell due over one to three months. Principal repayments made up $20.93bn of the total, and interest payments accounted for $3.76bn. Forward and futures positions showed a net shortfall of $807mn, with $2.23bn in short positions partly offset by $1.42bn in long positions.

Reserves included $16.01bn in convertible-currency holdings, $9.51bn in gold and $11.38bn in currency and deposits with institutions. The report also listed $2.19bn in other reserve assets and $127.51mn in additional foreign-currency assets outside official reserves. The figures place the near-term external payment schedule alongside Pakistan’s reported reserve holdings.