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Tag: current account

Pakistan Posts $349 Million CA Surplus in October 2024

November 18, 2024November 18, 2024Shahnawaz Akhter

Karachi, November 18, 2024 – Pakistan recorded a current account (CA) surplus of $349 million in October 2024, a notable improvement from a deficit of $287 million in the same month last year, according to data released by the State Bank of Pakistan (SBP).

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Pakistan’s current account posts surplus in March 2023 after 28 months

April 19, 2023April 19, 2023Hamza Shahnawaz

In a positive development, Pakistan’s current account has posted a surplus of $654 million in March 2023 after 28 months or since November 2020.

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July current account deficit balloons to $773 million

August 20, 2021August 20, 2021Faisal Shahnawaz

KARACHI: The current account balance has posted a deficit of $773 million during first month of the current fiscal year, State Bank of Pakistan (SBP) said on Friday. The SBP released Balance of Payment (BOP) statistics. The data revealed that the current account was in surplus of $583 million in July 2020. However, the current […]

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SBP’s adoption of market-based exchange rate and its impact on current account balance: analysis

June 22, 2021June 22, 2021Mrs. Anjum Shahnawaz

KARACHI: The current account balance of the country turned in to surplus following the State Bank of Pakistan (SBP) adopted market-based exchange rate regime. The State Bank of Pakistan (SBP) adopted market-based exchange rate regime in May 2019. Resultantly, the current account deficit (CAD) of US$ 19.2 billion in FY2018 gradually came down to US$ […]

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Current account posts $773 million surplus in ten months

May 25, 2021May 25, 2021Mrs. Anjum Shahnawaz

KARACHI: The current account balance has posted a surplus of $773 million during first ten months (July – April) of 2020/2021 as compared with a deficit of $4.657 billion in the corresponding period of the last fiscal year, according to statistics released by State Bank of Pakistan (SBP) on Tuesday. Deficit of trade and service […]

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Current account posts $792m surplus in first quarter

October 21, 2020May 13, 2026Mrs. Anjum Shahnawaz

KARACHI: The current account of the country registered a surplus of $792 million during first quarter (July – September) 2020/2021, State Bank of Pakistan (SBP) said on Wednesday.

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