Foreign currency deposits rise by $118m in July 2026

August 13, 2026 (MLN): Foreign currency deposits rose by $118.29m to $6.862 billion in July 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 $58.98m or 0.85% compared to $6.921bn in July 2025.

According to the data, foreign currency deposits by residents stood at $5.854bn during the month under review, representing an increase of $129.89m or 2.27% compared to $5.724bn reported in the previous month.

On a year-on-year basis, resident deposits fell by $169.67m or 2.82% from $6.023bn in July 2025.

Meanwhile, non-resident deposits declined to $1.009bn in July 2026, a decrease of $11.60m or 1.14% compared to $1.020bn in June 2026.

Year-on-year, non-resident deposits climbed by $110.70m or 12.33% from $897.94m in July 2025.

The resident deposits comprised $2.033bn in demand deposits, $1.713bn in savings deposits, and $2.107bn in time deposits.

Non-resident deposits consisted of $602.18m in demand deposits, $213.44m in savings deposits, and $193.02m in time deposits.

As these deposits help to finance large fiscal and external current account deficits, during the month $790.44m was utilized for pre-shipment financing, $147.81m for post-shipment financing, and $1.079bn for import financing.

Further, $1.354bn was placed with SBP and Pakistani banks, of which $388.76m was placed under CRR requirements, $718.94m under SCRR requirements, $22.22m with banks within Pakistan, and $224.06m with banks outside Pakistan.

Additionally, $485.54m were held as balances abroad, while $237.57m remained as cash in hand.

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