Banks to remain closed on Tuesday
KARACHI: Following the government announcement to observe a public holiday on May 28, 2024, all… Read More
7 months ago
SBP
SBP to introduce QR code payment for sacrificial animals purchase
KARACHI: The State Bank of Pakistan (SBP) is likely to introduce QR code payment mechanism… Read More
7 months ago
Roshan Digital Account inflows drop by 6% in April
KARACHI: The inflow of remittances under the Roshan Digital Account (RDA) in April dropped by… Read More
7 months ago
Pakistan’s foreign exchange reserves stand at US$ 14,58bn
KARACHI: Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by… Read More
7 months ago
FDI in Pakistan rises to $358.8mln in April: SBP
Foreign Direct Investment (FDI) surged 172 per cent year-on-year in April 2024, according to data… Read More
7 months ago
Real GDP grew by 1.7% in H1-FY2023-24: SBP
The State Bank of Pakistan (SBP) said that Pakistan’s macroeconomic conditions improved and real GDP… Read More
7 months ago
Political uncertainty, inconsistent policies exacerbated economic situation: SBP
KARACHI: Political uncertainty and inconsistency in economic policies exacerbated the economic situation in Pakistan during… Read More
7 months ago
Workers’ remittances increased by 27.9pc YoY in April
KARACHI: Remittances sent by overseas Pakistanis reached US$2.8 billion in April 2024 which represents a… Read More
8 months ago
SBP to announce monetary policy tomorrow
KARACHI: The State Bank of Pakistan (SBP) will announce the Monetary Policy on Monday (tomorrow)… Read More
8 months ago
Roshan Digital Account inflows soar to $7.660 bln in March 24
The inflow of remittances under the Roshan Digital Account (RDA) rose to $7.660 billion by… Read More
8 months ago
Pakistan’s foreign exchange reserves stand at US$ 13,280.5m
KARACHI: Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by… Read More
8 months ago
Current Account records surplus of $619m in March
ISLAMABAD: The current account has witnessed a surplus of $619 million during the month of… Read More
8 months ago
SBP reserves stay above $8bn despite $1bn repayment
KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by… Read More
8 months ago
SBP reports 13pc increase in imports
KARACHI: The State Bank of Pakistan reported an increase in imports and recorded the trade… Read More
8 months ago
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… Read More
9 months ago
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 $18.5… Read More
9 months ago
Pakistan’s foreign exchange reserves stand at US$ 13,427.6m: SBP
KARACHI: Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by… Read More
9 months ago
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… Read More
9 months ago
SBP keeps interest rate unchanged at 22pc
The State Bank of Pakistan (SBP) on Monday decided to keep the interest rate unchanged… Read More
9 months ago
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… Read More
9 months ago