Foreign currency deposits fall by $28m in April 2026

May 14, 2026 (MLN): Foreign currency deposits fell by $27.75m to $6.786 billion as of April 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 $128.61m or 1.86% compared to $6.915bn in April 2025.

According to the data, foreign currency deposits by residents stood at $5.825bn during the month under review, representing a decrease of $55.67m or 0.95% compared to $5.881bn reported in the previous month. On a year-on-year basis, resident deposits fell by $207.86m or 3.45% from $6.033bn in April 2025.

Meanwhile, non-resident deposits rose to $961.29m in April 2026, an increase of $27.91m or 2.99% compared to $933.38m in March 2026. Year-on-year, non-resident deposits climbed by $79.25m or 8.99% from $882.04m in April 2025.

The resident deposits comprised $2.073bn in demand deposits, $1.680bn in savings deposits, and $2.072bn in time deposits. Non-resident deposits consisted of $609.18m in demand deposits, $218.47m in savings deposits, and $133.63m in time deposits.

As these deposits help to finance large fiscal and external current account deficits, during the month $740.86m was utilized for pre-shipment financing, $131.55m for post-shipment financing, and $960.97m was utilized for import financing.

Further, $1.447bn was placed with SBP and Pakistani banks, of which $385.94m was placed under CRR1 requirements, $715.41m under SCRR2, $14.03m with banks within Pakistan, and $331.66m with banks outside Pakistan.

Additionally, $826.69m were held as balances abroad, while $286.12m remained as cash in hand.

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