International Reserves in Pakistan

Pakistan International Reserves | Economic News & Forecasts

Pakistan - International Reserves

The economy likely remained weak in the first quarter of FY 2020, which ran from July to September. Large-scale manufacturing contracted at a sharper rate in Q1 than in the previous quarter, while higher electricity tariffs also likely depressed household spending. Turning to the second quarter, the current account balance posted a surplus in October for the first time in roughly four years, partly thanks to stronger exports, boding well for the external sector. That said, a dip in consumer confidence and elevated inflation will likely constrain consumer spending. In other news, on 2 December, Moody’s upgraded Pakistan’s credit rating outlook from negative to stable, and affirmed its B3 rating, due to an upbeat assessment of the current account and solid progress on fiscal reforms. Moreover, on 6 December, the Asian Development Bank approved a USD 1.3 billion loan to support the domestic economy.

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

Value Change Date
Bond Yield11.000.0 %Jan 01
Exchange Rate154.9-0.05 %Jan 01

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