SBP
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Business
Pakistani Rupee Marginally Declines Against US Dollar
The Pakistani rupee weakened marginally against the US dollar on Tuesday. The currency depreciated by 0.03% in the inter-bank market,…
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Business
Pakistan’s Foreign Reserves Rise for 15th Straight Week
KARACHI: Pakistan’s foreign exchange reserves, managed by the State Bank of Pakistan (SBP), climbed by $18 million to reach $11.17…
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Business
Pakistan’s Foreign Exchange Reserves Dip Below $16 Billion
Karachi: Pakistan’s foreign exchange reserves fell below the $16 billion mark this week, as reported by the State Bank of…
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Business
Business Leaders Urge Deeper Rate Cuts to Drive Economic Growth
The recent 2.5% cut in the State Bank of Pakistan’s (SBP) policy rate has prompted a mixed response from the…
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Business
SBP Monetary Policy Committee Announces Major Rate Cut
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) met today to announce a significant policy change.…
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Business
Business Leaders Urge SBP to Cut Policy Rate
KARACHI: Amid a significant slowdown in inflation, business leaders have urged the State Bank of Pakistan (SBP) to cut policy…
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Business
Pakistani Rupee Gains Against US Dollar, Forex Reserves Rise
KARACHI: The Pakistani rupee (PKR) appreciated by 18 paisa against the US dollar (USD) in interbank trading on Friday. The…
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Business
Raast Hits PKR 20 Trillion in Digital Transactions
Raast, Pakistan’s instant payment system, has processed 892 million transactions, with a total value of PKR 20 trillion. The system,…
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Business
IMF Warns of Dangers in Pakistan’s Sovereign-Bank Nexus
ISLAMABAD: The International Monetary Fund (IMF) has raised concerns over the deeply entrenched nexus between Pakistan’s government, the central bank,…
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Business
SBP Reserves Surge to $10.7 Billion After IMF Loan
The State Bank of Pakistan (SBP) witnessed a significant increase in its foreign exchange reserves this week. According to data…
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