Pakistan’s total foreign exchange reserves climbed to $18.4bn by the end of fiscal year 2025-26, marking an increase of approximately $5.5bn from $13bn recorded a year earlier, reflecting a significant improvement in the country’s external liquidity position. Speaking on the development, State Bank of Pakistan (SBP) Governor Jameel Ahmad said the buildup in foreign exchange reserves has eased f
Workers' remittances are projected to exceed $41.5bn in fiscal year 2025-26, State Bank of Pakistan (SBP) Governor Jameel Ahmad said, showing continued strong inflows from overseas Pakistanis. Speaking at a media briefing in Karachi, the SBP Governor said that while the final remittance figures for June will be compiled in the coming days, preliminary estimates indicate that total inflows for F
The Pakistani rupee posted marginal gain against the US dollar in the inter-bank market on Thursday. At close, the local currency settled at 278.15, a gain of Re0.01 against the greenback. On Tuesday, the local unit closed at 278.16. Meanwhile, the US dollar held steady on Thursday as markets awaited key US non-farm payrolls data, while the yen’s slide to 40-year lows against the greenba
Pakistan trade deficit widened to $39.47 billion in the fiscal year ended June 30, 2026 (FY26), up by 21.57% compared to preceding fiscal year 2024-25, Pakistan Bureau of Statistics (PBS) reported on Thursday. The country’s trade deficit hit “four-year high” in FY26, said Topline Securities. In June 2026, the trade deficit was recorded at $4.53 billion. This was over 57% higher compared to t
A record 43,559 new companies were registered in Pakistan during fiscal year 2025–26. The new number takes the country’s total number of registered companies to 301,615, according to the Securities and Exchange Commission of Pakistan (SECP). The SECP said company registrations increased by 24 percent compared to the previous fiscal year, reflecting strong growth in Pakistan’s corporate secto