State Bank of Pakistan
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Breaking
Pakistan Receives $2 Billion Saudi Deposit as Financial Support Package Expands
The Saudi financial support to Pakistan strengthened further as the State Bank of Pakistan confirmed receipt of $2 billion from…
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Business
SBP Tightens Corporate Governance Rules: New Director Remuneration Explained
Pakistan’s banking sector has entered a new phase of governance reform as the State Bank of Pakistan (SBP) introduces key…
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Breaking
Monetary Policy Statement: SBP Keeps Policy Rate Unchanged at 11 Percent Amid Flood Impact
The State Bank of Pakistan’s Monetary Policy Committee (MPC) issued its Monetary Policy Statement on September 15, 2025, and decided…
Read More » Remittances Hit Record $38.3 Billion in FY25, Fueling Pakistan’s Economy
KARACHI: Pakistan received a record $38.3 billion in workers’ remittances during fiscal year 2025, the State Bank of Pakistan (SBP)…
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Breaking
PSX Hits Record High as Bull Run Continues Amid Macroeconomic Optimism
KARACHI: The Pakistan Stock Exchange (PSX) extended its historic rally on Tuesday, with the benchmark KSE-100 Index soaring by over…
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Business
NBP Rolls Out Major Tech Upgrade for Safer Services
Karachi, 19 May 2025 — The National Bank of Pakistan (NBP) has completed a significant upgrade of its core banking…
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Breaking
SBP Confirms Fresh Banknote Issuance for Eid
The State Bank of Pakistan (SBP) has denied claims that it is not issuing fresh banknotes for Eid-ul-Fitr. The central…
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Breaking
Visa Urges SME Digital Payments to Unlock $121 Billion
Karachi: Visa (NYSE: V) has released a whitepaper emphasizing the benefits of digitizing SME payments. The report highlights over $121…
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Blog
Benefits and Disadvantages of Prize Bonds in Pakistan: What’s in Store for People?
Prize bonds are one of the most popular investment options in Pakistan. They offer an opportunity for people to try…
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Breaking
SBP Foreign Exchange Reserves Drop Slightly
The State Bank of Pakistan’s (SBP) foreign exchange reserves saw a small decline of $15.3 million, or 0.13%, during the…
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Breaking
Foreign Reserves Decrease, Total Reserves Show Modest Growth
Karachi: Pakistan’s official foreign reserves have decreased, while the country’s total reserves saw a slight increase. According to the latest…
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Breaking
SBP Reserves Decline After Weeks of Growth
KARACHI: The State Bank of Pakistan (SBP) reported a drop of $228 million in its foreign exchange reserves, which fell…
Read More » Pakistan’s Foreign Reserves Fall to $16.37 Billion
Pakistan’s liquid foreign reserves dropped to $16.37 billion as of December 20, 2024. The State Bank of Pakistan (SBP) reported…
Read More »112% Increase in Profit Repatriation from Foreign Investments
Karachi: In the first five months of the current fiscal year, foreign investors increased their repatriation of profits and dividends…
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
Banks to Remain Open on Weekend for Hajj Applications
To assist intending pilgrims for Hajj 2025, the State Bank of Pakistan has announced that 15 designated banks will remain…
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
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
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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