Foreign currency deposits rise by $118m in July 2026

Mettis Global reported that foreign currency deposits in Pakistan rose by $118.29m in July 2026, taking the total to $6.862bn. The increase was measured against June, based on the latest figures released by the State Bank of Pakistan. On a year-on-year basis, however, total deposits slipped by $58.98m, or 0.85%, from $6.921bn in July 2025.

Resident deposits, which make up most of the total, reached $5.854bn after a rise of $129.89m, or 2.27%, from the previous month. Non-resident deposits, by contrast, eased to $1.009bn, down $11.60m or 1.14% from June, though they were 12.33% higher than in July 2025. Within the resident base, demand deposits stood at $2.033bn, savings deposits at $1.713bn and time deposits at $2.107bn.

The data also showed that $1.079bn went to import financing, $790.44m to pre-shipment financing and $147.81m to post-shipment financing during the month. Banks placed $1.354bn with the SBP and Pakistani banks, while $485.54m was held as balances abroad and $237.57m as cash in hand.