State Bank of Pakistan
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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
SBP Expected to Announce Key Interest Rate Decision
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) is set to announce its key interest rate…
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Business
PSX Hits All-Time High Amid Post-26th Amendment Gains
KARACHI: The Pakistan Stock Exchange (PSX) surged to a new all-time high on Tuesday, driven by strong post-26th Amendment gains.…
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Business
26th Constitutional Amendment Bill Sets Deadline for Interest-Free Banking by 2028
The recently passed 26th Constitutional Amendment Bill, 2024, has set a firm deadline of January 1, 2028, to eliminate interest-based…
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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
Pakistan Receives First Loan Tranche of $1 Billion From IMF
The State Bank of Pakistan (SBP) has received the first loan tranche of around $1.027 billion from the International Monetary…
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Business
Pakistan Govt Revises Rules for Securities Buyback and Exchange Programs
The Pakistan government has officially revised the rules governing buyback and exchange programs for securities. This significant change aims to…
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Business
Pakistani Rupee Strengthens Slightly Against US Dollar
KARACHI – The Pakistani rupee appreciated by 0.03% against the US dollar in the inter-bank market on Friday, closing at…
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Business
SBP Cuts Interest Rate to 17.5% as Inflation Drops
The State Bank of Pakistan (SBP) reduced its key policy rate by 200 basis points to 17.5%, effective from September…
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