Rupee nosedives to all-time low of 290 against dollar amid political tumult
Moody’s Investor Service warned without an IMF programme, Pakistan could default. Rupee nosedives to all-time low of 290 against dollar…
State Bank of Pakistan
Read More
SBP directs banks to remain open on April 29, 30 to facilitate taxpayers
National Institutional Facilitation Technologies (NIFT) directed to arrange special clearings. SBP directs banks to remain open on April 29, 30…
Bank holidays for Eid ul Fitr 2023 announced
Govt might extend the Eid holidays to six days instead of the already approved five days. Bank holidays for Eid…
PTI demands contempt proceedings against PM, cabinet over hiatus in election funds
Fawad Chaudhry slams govt over delay in providing ECP election funds. PTI demands contempt proceedings against PM, cabinet over hiatus…
SBP reminds citizens to encash withdrawn prize bonds by June 30
The central bank statement added that the prize bonds can be redeemed from the SBP. SBP reminds citizens to encash…
Bill limiting CJP powers to become law on April 20: law minister
“Approving supplementary budget is the prerogative of NA,” says Tarar. Bill limiting CJP powers to become law on April 20:…
Supreme Court summons officials over non-provision of funds for Punjab polls
Apex court terms federal government’s failure to release funds “prima facie disobedience”. Supreme Court summons officials over non-provision of funds…
Pakistan’s economic crisis likely turning into catastrophe, Atif Mian warns
Economist blames “foolish policy choices” for economic woes. Pakistan’s economic crisis likely turning into catastrophe, Atif Mian warns. Economist Atif…
Rupee sinks further, falls to new low against US dollar
Local unit closes at 287.29 against the US dollar. Rupee sinks further, falls to new low against US dollar. Pakistani…
SBP jacks up key rate to record high of 21%
Inflation measured by the Consumer Price Index (CPI) reached an all-time high of 35.37 per cent year-on-year. SBP jacks up…