SBP Clarifies: No Major Revisions Expected in Trade and Current Account Data After PBS Updates
The State Bank of Pakistan (SBP) has issued a clarification stating that its trade and current account figures will not see significant revisions following Pakistan Bureau of Statistics (PBS) trade data adjustments, as SBP’s calculations rely primarily on actual payment records from banks.
SBP Issues New Timelines for Export Payment Realization to Strengthen Trade Discipline
The State Bank of Pakistan has set clear timelines for export payment realization, requiring exporters to bring back proceeds within defined periods to ensure discipline and strengthen external sector stability.
Pakistan’s Trade Deficit Widens 30% YoY to $2.9 Billion in August 2025 Amid Export Decline
Pakistan’s trade deficit surged to $2.9 billion in August 2025, driven by shrinking exports and rising imports. Official data highlights growing external pressures, with the trade gap up nearly 30% year-on-year despite a month-on-month improvement.
State Bank of Pakistan’s FX Intervention Reaches $522 Million in May 2025
The State Bank of Pakistan recorded net foreign exchange purchases worth $522 million in May 2025, marking an increase from April’s $473 million. Since June 2024, the central bank’s cumulative interventions have reached $7.75 billion, reflecting ongoing efforts to stabilize the interbank market.
SBP Enforces Mandatory H.S. Codes in Trade Transactions to Combat Money Laundering Risks
The State Bank of Pakistan has made H.S. Codes and detailed product information mandatory in all trade-linked financial instruments, aiming to combat trade-based money laundering, enhance transparency, and strengthen the country’s financial oversight framework.