According to the central bank, this marked a substantial improvement compared to the same period in the previous fiscal year, which saw a deficit of US$1.039 billion.
Pakistan’s current account surplus has been steadily improving, with a surplus of US$582 million in December 2024 and US$684 million in November 2024.
Earlier on Thursday, the SBP reported that the total liquid foreign reserves held by the country stood at US$ 16.45 billion as of 10th January 2025.
Pakistan’s foreign exchange reserves stand at US$ 16.37bn
According to the SBP, the foreign reserves held by the central bank stood at US$ 11.7 billion while net foreign reserves held by commercial banks were US$ 4. 7 billion during the period.
“During the week ended on 10-Jan-2025, SBP reserves increased by US$ 30 million to US$ 11,725.0 million,” the central bank added
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