International Reserves in Pakistan

Pakistan International Reserves | Economic News & Forecasts

Pakistan - International Reserves

The economy had a mixed start to FY 2019, which began in July. In the first quarter, the current account deficit narrowed slightly from the same period in FY 2018. This was due to higher remittance inflows, particularly from the United States, the United Kingdom and the Middle East. These inflows helped to outweigh a sharp rise in the import bill, which itself was stoked by higher oil prices. However, the rupee has lost significant value against the USD since the first quarter ended, hitting multi-year lows in October, which could further inflate import costs going forward. More positively, in recent weeks Saudi Arabia and China have both agreed to provide financial support to Pakistan.

Pakistan - International Reserves Data

2013  2014  2015  2016  2017  
International Reserves (USD)8.5  11.8  16.0  20.9  18.7  

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Pakistan International Reserves Chart

Pakistan International Reserves
Note: International reserves, months of imports.
Source: State Bank of Pakistan

Pakistan Facts

Bond Yield12.200.0 %Nov 13
Exchange Rate134.4-0.05 %Nov 13

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