KARACHI: Foreign currency deposits in Pakistan increased by $31.31 million, or 0.45%, to $6.966 billion in September 2026 from $6.935 billion in August, according to the latest data from the State Bank of Pakistan (SBP).
However, deposits declined by $89.66 million, or 1.27%, compared with $7.056 billion in September 2025.
Resident deposits reached $5.920 billion in September, rising by $54.93 million, or 0.94%, from $5.865 billion in August. However, they fell by $211.88 million, or 3.46%, from $6.132 billion a year earlier.
Meanwhile, non-resident deposits dropped by $23.62 million, or 2.21%, to $1.046 billion from $1.070 billion in August. On a year-on-year basis, these deposits increased by $122.22 million, or 13.23%, from $923.69 million in September 2025.
Resident deposits included $2.065 billion in demand deposits, $1.703 billion in savings deposits and $2.151 billion in time deposits. Non-resident deposits comprised $636.95 million in demand deposits, $223.73 million in savings deposits and $185.23 million in time deposits.
These deposits also supported trade financing and banking requirements during September. Banks used $827.94 million for pre-shipment financing, $169.32 million for post-shipment financing and $1.143 billion for import financing.
Furthermore, $1.350 billion remained with the SBP and Pakistani banks. This amount included $396.62 million held under Cash Reserve Requirement (CRR), $724.39 million under Special Cash Reserve Requirement (SCRR), $19.26 million with banks in Pakistan and $209.66 million with banks abroad.
In addition, deposit holders maintained $297.08 million in balances abroad, while $231.13 million remained as cash in hand.
