State Bank of Pakistan
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Business
Pakistani Rupee Slightly Devalues Against USD
The Pakistani Rupee (PKR) slightly devalued by Rs 0.6 against the US Dollar in interbank trading on Tuesday, closing at…
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Business
SBP Designates Domestic Systemically Important Banks (D-SIBs) for 2024
The State Bank of Pakistan (SBP) has designated Domestic Systemically Important Banks (D-SIBs) for the year 2024. This decision is…
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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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Business
Rupee’s Winning Streak of Five Days Comes To An End
The Pakistani rupee had been going up for five days in a row, but on Tuesday, it lost 0.24% on…
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Business
SBP releases Annual Report on The State of Pakistan’s Economy
Karachi: The State Bank of Pakistan released today its Annual Report on the State of Pakistan’s Economy reviewing the fiscal…
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Business
SBP revises Prudential Regulations for Consumer Financing to moderate import and demand growth
Karachi: The State Bank of Pakistan (SBP) has revised Prudential Regulations (PRS) for Consumer Financing. This targeted step will help…
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Business
SBP to issue a statement about policy rate today
KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) is scheduled to announce the policy rate…
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Business
Pakistan to receive loan from IMF to retire debts in FY22
Islamabad: In the coming fiscal year, the government intends to borrow roughly $16 billion in gross foreign loans to cover…
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Pakistan
Govt to freeze TLP’s assets: reports
ISLAMABAD: Following the ban on the Tehreek-e-Taliban Pakistan (TLP), the government has begun the process of freezing the proscribed organization’s…
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Business
SBP to observe a bank holiday on first Ramzan
KARACHI: The State Bank of Pakistan (SBP) will be closed for public dealings on the first Roza which will be…
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Uncategorized
Petrol Crisis 2020, Bilawal Demands PM to step down
KARACHI: On the fuel crisis 2020, Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari has demanded the resignation of the…
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Business
Govt to maintain the control of SOEs
ISLAMABAD: Even if a new Act of Parliament is approved, the federal government will have a powerful presence in state-owned…
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Business
SBP records highest growth in Islamic banking assets
KARACHI: State bank of Pakistan (SBP) in a statement has reported that the overall assets and deposits of the Islamic…
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Business
SBP reserves increase by $13b, report
KARACHI: The foreign exchange reserves of the State Bank of Pakistan (SBP) were recorded at $13 billion in the week…
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Business
The Dollar continues to depreciate
Karachi: The US dollar depreciated against the rupee in both the foreign exchange markets on Friday. As a result, the…
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Business
Dollars rate spikes in the interbank market
Karachi: US dollar, against Pakistani rupee, increases in the interbank market by 5 paisa on the first day of the…
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Business
SBP voted as the best central bank for promoting Islamic finance
Karachi: State Bank of Pakistan (SBP) has been voted as the Best Central Bank in promoting Islamic finance for the…
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Business
Further rise in the value of the dollar
Karachi: The dollar rose on the second day of the trading week in the interbank market. Interbank closing #ExchangeRate for…
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Business
Dollar value Spikes
Karachi: The dollar rose on the first day of the trading week on the interbank market. According to the data…
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World
SBP survey regarding recent Trends and Prospects for Remittances
Karachi: State Bank of Pakistan (SBP) and Ministry of Planning, Development and Special initiatives (MPD&SI) has launched a survey of…
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