Foreign Currency Deposits Decrease to 6.761 Billion Dollars as Resident Placements Edge Downward
Total foreign currency deposits in Pakistan declined by 24.91 million dollars month-on-month to reach 6.761 billion dollars in May 2026, driven by lower resident holdings.
SBP Mandates Account-to-Account Transfers for FCY Deposits to Strengthen Traceability and Cashless Banking
The State Bank of Pakistan introduces mandatory account-to-account transfers for foreign currency deposits, aiming to strengthen traceability, enhance AML controls, reduce cash handling, and promote a cashless financial ecosystem across Pakistan.