Foreign currency deposits fall by $25m in May 2026

June 11, 2026 (MLN): Foreign currency deposits fell by $24.91m to $6.761 billion in May 2026 compared to the previous month, the latest data released by the State Bank of Pakistan showed.

On a year-on-year basis, total deposits declined by $174.22m or 2.51% compared to $6.936bn in May 2025.

According to the data, foreign currency deposits by residents stood at $5.749bn during the month under review, representing a decrease of $75.94m or 1.30% compared to $5.825bn reported in the previous month.

On a year-on-year basis, resident deposits fell by $290.82m or 4.82% from $6.040bn in May 2025.

Meanwhile, non-resident deposits rose to $1.012bn in May 2026, an increase of $51.02m or 5.31% compared to $961.29m in April 2026.

Year-on-year, non-resident deposits climbed by $116.59m or 13.02% from $895.72m in May 2025.

The resident deposits comprised $2.107bn in demand deposits, $1.608bn in savings deposits, and $2.034bn in time deposits.

Non-resident deposits consisted of $604.74m in demand deposits, $222.77m in savings deposits, and $184.81m in time deposits.

As these deposits help to finance large fiscal and external current account deficits, during the month $740.36m was utilized for pre-shipment financing, $132.98m for post-shipment financing, and $967.52m for import financing.

Further, $1.534bn was placed with SBP and Pakistani banks, of which $386.92m was placed under CRR requirements, $712.58m under SCRR requirements, $18.19m with banks within Pakistan, and $415.88m with banks outside Pakistan.

Additionally, $827.84m were held as balances abroad, while $261.44m remained as cash in hand.

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