Overview
- Pakistan, which reported April data Monday, posted a $324 million current-account deficit after a $1.13 billion surplus in March.
- April’s gap reflected imports of $6.86 billion versus exports of $3.47 billion, with imports up about 11% year over year and exports up about 3%.
- For the first ten months of FY26, the current account shows a $252 million shortfall compared with a $1.66 billion surplus a year earlier.
- Worker remittances provided support at $3.54 billion in April, and foreign-exchange reserves reached $15.98 billion, up 54% from a year ago.
- Export competitiveness looks weaker as the real effective exchange rate rose to 105.80 in April, a seven-year high that makes Pakistani goods pricier abroad.