State Bank of Pakistan’s MPC to convene on January 27 for monetary policy review
SBP said that it would reveal its monetary policy four times during the first half of this year. State Bank of…
State Bank of Pakistan
UAE rolls over $2 billion deposits for Pakistan
I’m personally holding meetings to ensure that human trafficking is eradicated once and for all, PM said. UAE rolls over…
Bank holiday announced on January 1, 2025 in Pakistan
The banks will remain closed for public dealing on Wednesday January 1, 2025. Bank holiday announced on January 1, 2025…
State Bank cuts policy rate by 200 bps to 13 percent
SBP committee highlights economic improvements, policy rate cuts to stabilize inflation State Bank cuts policy rate by 200 bps to…
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….
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…