SBP Dollar Purchases Boost Pakistan Reserves as Currency Policy Debate Intensifies
Pakistan’s central bank has significantly increased foreign exchange reserves through interbank dollar purchases, while its higher reserve targets and remittance forecasts raise questions about currency pricing, bank liquidity and economic growth.
Aurangzeb Urges Business Reforms, Export Growth and Higher Productivity in Pakistan
Finance Minister Muhammad Aurangzeb has urged Pakistani businesses to improve productivity, expand exports and reform operating models, while highlighting economic reforms, $44 billion in expected remittances and energy security measures.
Pakistan Balance of Payments Posts $3.1 Billion Surplus as Remittances Reach $10.9 Billion in FY2027
Pakistan recorded a $3.1 billion balance of payments surplus in July-September FY2027, supported by higher remittances, a $3 billion Eurobond issuance and stronger foreign investment.
Pakistan GDP Growth Forecast at 3.8%, Inflation Seen at 8.2% in FY27
The World Bank forecasts Pakistan’s GDP growth at 3.8% in FY27, with inflation rising to 8.2% amid higher commodity prices, domestic food costs and agricultural pressures.
Pakistan Current Account Deficit Narrows to $543 Million as Remittances Rise
Pakistan’s current account deficit narrowed to $543 million in Jul-Aug FY2027 as remittances, services exports, investment inflows and renewed market access strengthened the external position.
SBP Holds Policy Rate at 11.5% as Inflation and Global Risks Shape Monetary Policy
The State Bank of Pakistan keeps its policy rate unchanged at 11.5%, citing rising inflation, Middle East tensions, oil prices, supply disruptions and contained external account pressures.
Pakistan Worker Remittances Rise 16.5% To $3.66 Billion In August 2026
Pakistan received $3.66 billion in workers’ remittances during August 2026, marking 16.5% yearly growth, with Saudi Arabia, the UAE and UK among the largest sources.
Pakistani Banks To Pay $256 Million For Receiving Foreign Remittances In FY27
Pakistani banks are expected to pay $256 million to overseas banks for processing workers’ remittances after the government ended its financial support scheme.
Pakistan’s Economic Recovery Gains Momentum as Key Indicators Improve
Pakistan records improving economic indicators as July inflation falls to 9.2%, remittances reach $3.6 billion and large scale manufacturing grows 5%.
Pakistan’s Current Account Deficit Narrows To $328 Million In July As Remittances And Exports Improve
Pakistan’s external account showed improvement in July 2026 as exports and remittances increased, the current account deficit narrowed to $328 million, and foreign exchange reserves reached $22.6 billion.