Federal Govt announces Public Holiday on Iqbal Day
The State Bank of Pakistan has also confirmed that it will be closed on November 9th in line with the…
State Bank of Pakistan
Read More
SBP lowers policy rate by 2.5 percent as inflation eases
MPC noted that various developments since its last meeting that could have implications for the macroeconomic outlook. SBP lowers policy…
Pakistani rupee gains strength as IMF loan eases pressure
The State Bank of Pakistan (SBP) reported an increase in reserves following the first IMF loan tranche of $1.02 billion….
SBP to introduce plastic currency notes in Pakistan, Senate committee told
“The Rs 5,000 note will not be phased out and no such proposals are being considered.” The SBP governor said….
Latest update on ATM cyber attack, Details inside
The SBP urged users to log out of online banking sessions promptly and to regularly review their account statements. ISLAMABAD:…
Pakistan petroleum import bill receives hike by 40%
The transport sector experienced a decrease in its import bill, down by 4.81% year-on-year to $147.78 million from $155.25 million…
Pakistan’s forex reserves inch up by $51.1 million
The SBP’s reserves have decreased by $236.2 million, or 2.52 per cent, since the start of the current fiscal year….
Pakistan paid $3.5 billion in interest to IMF, Senate Committee told
In the last four years, Pakistan borrowed over $6.26 billion from the IMF and repaid $4.52 billion. ISLAMABAD: Over the…
SBP cuts key policy rate by 100bps to 19.50pc
The decision has been taken amid a decline in the inflation rate, Jameel Ahmed said. KARACHI: State Bank of Pakistan…
SBP announces bank holiday on July 1
The purpose of this announcement is to inform the general public and ensure that necessary financial transactions are planned during…