State Bank of Pakistan Jacks up key rate to record high of 22%
Following the withdrawal of its import guideline, the State Bank of Pakistan's (SBP) Monetary Policy Committee resolved in an emergency ...
Tag: State Bank of Pakistan
PSX witnesses sharp rise as hopes rekindle of IMF loan revival
The KSE-100 index of the Pakistan Stock Exchange (PSX) surged by over 1,000 points following expectations that Pakistan would soon ...
Pakistan gets $1bn loan from China: SBP
The State Bank of Pakistan (SBP) said on Friday that it has received $1 billion in foreign exchange reserves from ...
Is Pakistani govt issuing Rs10,000 banknote?
A photograph of an Rs10,000 banknote has gone viral on social media, with commenters speculating that the State Bank of ...
Foreign exchange: SBP reserves up by $107m to $4bn
The State Bank of Pakistan's (SBP) foreign exchange reserves reached $107 million to $4.019 billion in the week ending June ...
$2bn Saudi deposits: Pakistan to pay 4pc annual profit
According to reliable sources, Pakistan would pay Saudi Arabia a 4% annual profit on $ 2 billion in deposits with ...
May-July: govt intends to borrow record Rs9.4trn
In order to meet its increasing financial requirements, a cash-strapped government plans to borrow a record amount of Rs 9.4 ...
Remittances decline 29% to $2.2 billion in April
The State Bank of Pakistan (SBP) has shared data indicating that remittances sent by overseas Pakistanis, which had reached a ...
Bank Loans to State-Run Firms Skyrocket to Rs. 282 Billion
In the first 10 months of the current fiscal year, lending to public sector enterprises (PSEs) reached Rs. 282 billion, ...
SBP Foreign exchange reserves fall by $6 million
The State Bank of Pakistan (SBP) reported a decrease of $6 million in foreign exchange reserves, bringing the total to ...