Foreign currency deposits rise by $18m in June 2026

July 13, 2026 (MLN): Foreign currency deposits rose by $18.09m to $6.779 billion in June 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 $208.69m or 2.99% compared to $6.988bn in June 2025.

According to the data, foreign currency deposits by residents stood at $5.759bn during the month under review, representing an increase of $9.23m or 0.16% compared to $5.750bn reported in the previous month.

On a year-on-year basis, resident deposits fell by $329.73m or 5.42% from $6.089bn in June 2025.

Meanwhile, non-resident deposits rose to $1.020bn in June 2026, an increase of $8.86m or 0.88% compared to $1.011bn in May 2026.

Year-on-year, non-resident deposits climbed by $121.04m or 13.46% from $899.20m in June 2025.

The resident deposits comprised $2.127bn in demand deposits, $1.637bn in savings deposits, and $1.995bn in time deposits.

Non-resident deposits consisted of $648.62m in demand deposits, $221.19m in savings deposits, and $150.43m in time deposits.

As these deposits help to finance large fiscal and external current account deficits, during the month $766.96m was utilized for pre-shipment financing, $143.59m for post-shipment financing, and $1.011bn for import financing.

Further, $1.447bn was placed with SBP and Pakistani banks, of which $389.09m was placed under CRR requirements, $716.71m under SCRR requirements, $16.90m with banks within Pakistan, and $324.67m with banks outside Pakistan.

Additionally, $781.75m were held as balances abroad, while $288.33m remained as cash in hand.

Copyright Mettis Link News