SBP
SBP Reserves Increase by $12.5 Million, Total Reserves Decline
The State Bank of Pakistan (SBP) reported a $12.5 million rise in its foreign exchange reserves, reaching $12.05 billion for…
Read More »KCCI Urges SBP to Cut Policy Rate by 400 Basis Points
The Karachi Chamber of Commerce and Industry (KCCI) has called on the State Bank of Pakistan (SBP) to reduce the…
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Breaking
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,…
Read More » 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…
Read More »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…
Read More » 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
SBP Holds Policy Rate Steady at 22%
SBP Maintains 22% Policy Rate: Monetary Policy Statement In its recent announcement, the State Bank of Pakistan (SBP) upheld the…
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Pakistan
Indus Motor Company Closes Business
Within four days, two major motor car companies closed down their business. First Millat Tractor company closed down its business,…
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Pakistan
Commerce Minister Meets SBP Governor
On Sunday, Federal Commerce Minister, Syed Naveed Qamar met the governor of the State Bank of Pakistan to discuss financial…
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War on Palestine
Pakistan Might Lose Google Play Store Services
Pakistan might lose google play store services because the SBP did not pay the due amount to international service providers…
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