Pakistan’s foreign currency deposits increased by $69.39 million in August 2026 compared with the previous month, reaching $6.935 billion, according to the latest data released by the State Bank of Pakistan (SBP).
Despite the monthly increase, total foreign currency deposits remained below the level recorded a year earlier. The deposits declined by $69.69 million, or 0.99%, from $7.004 billion in August 2025.
Resident foreign currency deposits stood at $5.865 billion in August, up $13.79 million, or 0.24%, from $5.851 billion in July. However, resident deposits declined by $242.75 million, or 3.97%, compared with $6.108 billion recorded in August 2025.
Meanwhile, non-resident foreign currency deposits increased to $1.070 billion, rising by $55.60 million, or 5.48%, from $1.014 billion in July. On a year-on-year basis, non-resident deposits increased by $173.06 million, or 19.30%, from $896.48 million.
Resident deposits comprised $2.017 billion in demand deposits, $1.702 billion in savings deposits and $2.146 billion in time deposits.
Non-resident deposits included $643.83 million in demand deposits, $217.38 million in savings deposits and $208.33 million in time deposits.
The SBP data also showed that banks utilized a significant portion of foreign currency deposits to meet external financing and other requirements during August.
Banks used $920.78 million for pre-shipment financing and another $157.59 million for post-shipment financing. They also utilized $977.26 million for import financing.
Furthermore, banks placed $1.373 billion with the SBP and Pakistani banks. This included $411.91 million under the Cash Reserve Requirement (CRR) and $698.07 million under the Special Cash Reserve Requirement (SCRR).
Banks also placed $20.49 million with banks in Pakistan and $242.45 million with banks outside the country.
Meanwhile, foreign currency deposit holders maintained $431.98 million in balances abroad, while another $236.10 million was held as cash in hand.
The latest figures show a monthly increase in Pakistan’s foreign currency deposits, although the overall level remains slightly below that recorded in August 2025.
