Foreign currency deposits decrease $43m in Jan

February 13, 2026 (MLN): Foreign currency deposits fell $42.67m or 0.61% to $6.92 billion as of January 2026 compared to last month, the latest data released by the State Bank of Pakistan showed.

While on a year-on-year basis, deposits rose by 3.3%.

According to the data, foreign currency deposits by residents stood at $6.02bn during the month under review which was 0.13% lower as the deposits reported in the previous month stood at $6.03bn.

While compared to the same month of last year, it rose by 2.7%

Meanwhile, non-resident deposits declined more sharply to $899m in January 2026, representing a decrease of $34.65m or 3.71% compared to $933.72m in December 2025.

The resident deposits comprised $2.08bn in demand deposits, $1.94bn in savings deposits, and $2.00bn in time deposits. Non-resident deposits consisted of $615m in demand deposits, $206m in savings deposits, and $78m in time deposits.

As these deposits help to finance large fiscal and external current account deficits, during the month $803.81m was utilized for pre-shipment financing, $141.47m for post-shipment financing, and $1.16bn was utilized for import financing.

Further, $1.35bn was placed with SBP and Pakistani banks, of which $390.42m was placed under CRR1 requirements, $717.65m under SCRR2, $17.34m with banks within Pakistan, and $226.64m with banks outside Pakistan.

Additionally, $648.79m were held as balances abroad, while $234.91m remained as cash in hand.

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