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SBP reports 13pc increase in imports

KARACHI: The State Bank of Pakistan reported an increase in imports and recorded the trade deficit by 34 percent on Monthly basis, ARY News...

Govt set to borrow from banks in last quarter of FY 2023-24

ISLAMABAD: The federal government has planned to borrow around Rs 5 trillion from banks in the last quarter of the current fiscal year (2023-24),...

SBP’s foreign exchange reserves up by $18.5m to $8.04b

The foreign exchange reserves of the State Bank of Pakistan (SBP) were up by $18.5 million to hit $8.04 billion during the week ended...

Pakistan’s foreign exchange reserves stand at US$ 13,427.6m: SBP

KARACHI: Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by US$ 4 million, reaching a total of US$ 8,021.9...

Pakistan’s foreign exchange reserves stand at US$ 13,390.7mn: SBP

KARACHI: Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $ US$ 105 million to US$ 8,017.9 million as...

SBP keeps interest rate unchanged at 22pc

The State Bank of Pakistan (SBP) on Monday decided to keep the interest rate unchanged at 22 per cent for next 45 days, ARY...

Bank deposits hit all-time high of Rs27.8tr in Pakistan

KARACHI: Bank deposits continued to grow and jumped to an all-time high of Rs27.8 trillion by the end of February 2024, the annual report...

SBP denies reports of issuing plastic currency series

The State Bank of Pakistan (SBP) Saturday refuted "baseless" news reports suggesting that the central bank was mulling issuing polymer (plastic) banknotes series. "SBP strongly...

Pakistan’s foreign reserves rise $17m to $7.91bn

KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $17 million on a weekly basis, reaching a total of...

SBP issues statement on misprinted banknotes

KARACHI: Responding to the recent controversy about the half-printed banknotes, the State Bank of Pakistan (SBP) on Wednesday said internal controls are being “further...

Misprinted Rs1000 notes emerge in National Bank

A branch of National Bank of Pakistan (NBP) in Karachi received misprinted currency notes of Rs1000 denomination issued by the State Bank of Pakistan...

Ramadan 2024: SBP notifies new bank timings

The State Bank of Pakistan (SBP) on Monday revised its office and business timings for the month of Ramazan, 2024. “During the ensuing month of...

Pakistan’s foreign exchange reserves stand at US$ 13,020mn: SBP

KARACHI: Pakistan’s total foreign exchange reserves stood at US$ 13,020 million as of 1st March 2024 after a decrease of US$ 18.5 million, ARY...

Pakistan’s foreign reserves stand at US$13,097.8m: SBP

KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) have dropped to US$ 8,012.8 million after a decrease of US$44...

1500 Prize Bond – Check winners’ details here

The citizens of Pakistan used to buy Prize Bonds for decades, hoping to win big cash prizes, despite very low chances of winning the...

Pakistan’s foreign reserves stand at US$ 13,149.1m: SBP

KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) stood at US$8,056.5 million after an increase of US$13 million as...

SBP suspends licenses of three exchange companies

KARACHI: The State Bank of Pakistan (SBP) on Tuesday suspended the license of three exchange companies in Karachi, ARY News reported. As per the notification,...

Pakistan’s remittances increase by 1pc in January 2024: SBP

KARACHI: Remittances sent by overseas Pakistani workers registered an increase of 1 per cent MoM basic to $2.53 billion in January 2024 as compared...

Pakistan’s foreign exchange reserves drop by US$78.9m: SBP

KARACHI: Pakistan’s total liquid foreign exchange reserves decreased US$78.9 million and stood at US$13,262.5 million as of January 26, 2024, as reported by ARY...

Pakistan to get new currency notes of all denominations

KARACHI: The State Bank of Pakistan (SBP) has in principle decided to introduce new currency notes across all denominations following a rise in complaints...
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