Foreign currency deposits rise by $31m in September 2026

Mettis Global reported that foreign currency deposits climbed to $6.966bn in September 2026, adding $31.31mn or 0.45 per cent from August, according to State Bank of Pakistan data. Compared with $7.056bn in September 2025, the total fell by $89.66mn, or 1.27 per cent, on a year-on-year basis.

Resident holdings rose by $54.93mn, or 0.94 per cent, to $5.920bn during the month, while non-resident balances slipped by $23.62mn to $1.046bn. Year-on-year, resident deposits were down 3.46 per cent, whereas non-resident deposits rose 13.23 per cent from September 2025.

The report also showed where the funds went, with $1.143bn used for import financing, $827.94mn for pre-shipment financing and $169.32mn for post-shipment financing. Separately, $1.350bn was lodged with the SBP and local lenders, including $396.62mn under CRR requirements and $724.39mn under SCRR requirements. Balances abroad totalled $297.08mn, while $231.13mn was kept as cash in hand.