Commemorative Rs75 banknote available for public
The central bank had revealed the design of the banknote during a ceremony. Commemorative Rs75 banknote available for public. The…
SBP
SBP modifies foreign exchange regime
Move aims to promote documentation in forex transactions, encourage public to use banking channels. SBP modifies foreign exchange regime. The…
Pakistan’s current account deficit shrinks by 42% to $703m
SBP cites $0.5b increase in exports; contraction in imports by $0.2b as main reasons. Pakistan’s current account deficit shrinks by…
Pakistan receives $1.16 bn from IMF
Earlier this week, the IMF Board had approved the much needed revival of EFF for Pakistan. Pakistan receives $1.16 bn…
Pakistan’s REER falls to 93.2 in July
A Real Effective Exchange Rate below 100 means a country’s exports are competitive, while imports are expensive Pakistan’s REER falls…
Rupee posts historic appreciation against US dollar, recovers by Rs9.59
The rupee has recovered for a third consecutive session. Rupee posts historic appreciation against US dollar, recovers by Rs9.59. The…
Pak-US trade witnesses over 44pc growth during FY2022
Overall Pakistan’s exports to all countries also witnessed an increase of 26.56 percent in twelve months, SBP data said. Pak-US…
Pakistan’s external debt of $95 bn is low: SBP
State Bank of Pakistan (SBP) acting Governor Murtaza Syed on Friday said that Pakistan’s external debt of $95 billion is…
Rupee breaches 211-a-dollar barrier on delay in revival of IMF programme
“Currency will continue to fall until Pakistan manages to strike a deal IMF,” analyst says. KARACHI: The Pakistani rupee remained…
US Dollar plunges to all time high in interbank
During Zia ul Haq era, the US Dollar elevated for the first time in the history of Pakistan. KARACHI: Further…