Pakistan’s current account deficit stood at $1.7 billion in the first seven months of the current fiscal year, compared to a surplus of $564 million in the same period last year.
According to data released by the State Bank of Pakistan, there was an improvement in the month of January. In January, the current account was in surplus at $121 million, compared to a deficit of $265 million in December. In January 2025, the deficit was $393 million.
The central bank says that the current account deficit for the entire year could be between zero and one percent of the total volume of the economy.
Foreign exchange reserves are expected to reach $18 billion by June 2026, which is enough to cover about three months of imports.
According to the data, the real effective exchange rate decreased to 103.3 in January, from 103.6 in December.
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