Pakistan has received a $2 billion deposit from Saudi Arabia, providing crucial support to its foreign exchange reserves ahead of a $3.5 billion repayment to the United Arab Emirates (UAE) later this month, officials said on Thursday.
(more…)Tag: State Bank of Pakistan
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Pakistan forex reserves fall $1.37 billion after Eurobond repayment
KARACHI, April 16, 2026 — Pakistan’s foreign exchange reserves declined sharply by $1.37 billion in the week ended April 10, 2026, primarily due to the repayment of a sovereign Eurobond, the State Bank of Pakistan (SBP) said on Thursday.
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FDI jumps 163% in March but overall inflows remain weak: SBP
KARACHI, April 16, 2026 — Foreign direct investment (FDI) in Pakistan surged 163% year-on-year in March 2026, signaling a short-term rebound in investor activity, though broader inflows remained subdued during the fiscal year, data from the State Bank of Pakistan (SBP) showed on Thursday.
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Pakistan posts $1.07 billion current account surplus in March 2026
KARACHI, April 16, 2026 — Pakistan recorded a current account surplus of $1.07 billion in March 2026, according to balance of payments data released by the State Bank of Pakistan (SBP) on Thursday, reflecting an improvement from the previous month despite ongoing regional tensions.
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Crypto firms can now access banks in Pakistan under new law
The State Bank of Pakistan’s decision to allow regulated banking access for Pakistan Virtual Asset Regulatory Authority (PVARA)-licensed virtual asset service providers (VASPs) marks a significant policy shift—arguably one of the most consequential in the country’s financial regulatory landscape since 2018.
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Banks flood T-bill auction as SBP receives Rs4 trillion bids
KARACHI, April 15, 2026 — Pakistan’s commercial banks aggressively participated in the latest treasury bill auction on Wednesday, submitting bids worth more than Rs4 trillion against a government target of Rs1.35 trillion, underscoring ample liquidity in the banking system.
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Bank deposits in Pakistan hit record Rs37.51 trillion: SBP
KARACHI, April 15, 2026 – Bank deposits in Pakistan surged to an all-time high of Rs37.51 trillion by the end of March 2026, according to data released by the State Bank of Pakistan (SBP) on Wednesday, reflecting continued growth in the country’s banking sector despite monetary easing.
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Pakistan banks see Rs141bn rise in manufacturing deposits in March 2026
KARACHI, April 14, 2026 — Commercial banks in Pakistan recorded an increase of more than Rs141 billion in deposits from the manufacturing sector in March 2026, reflecting shifting liquidity patterns amid heightened geopolitical uncertainty, according to data released by the State Bank of Pakistan (SBP).
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Pakistan allows short-term forward deals to boost remittances
The State Bank of Pakistan has allowed exchange companies to enter into short-term forward sale transactions with banks for up to five working days against incoming home remittances, in a move aimed at enhancing inflows and improving liquidity management.
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Pakistan’s government debt rises by nearly Rs2 trillion in FY26: central bank
Karachi, April 10, 2026 – Pakistan’s central government debt increased by nearly Rs2 trillion during the first eight months of fiscal year 2025-26, driven largely by higher domestic borrowing to meet financing needs, data released by the State Bank of Pakistan showed on Thursday.
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