SBP expected to raise rates by 100-200bps today to tame surging inflation
The State Bank of Pakistan (SBP) looks set to raise its key policy rate at its review today (Monday), as ...
Tag: State Bank of Pakistan
SBP directs commercial banks to open accounts of mosques
State Bank of Pakistan (SBP) wrote letters to heads of commercial banks on Thursday directing them to open accounts for ...
Pakistan’s REER index falls further to 96.2 in December
In December, Pakistan's Real Effective Exchange Rate (REER) dropped significantly from 98.9 in November to 96.2 in December, according to ...
Current account deficit recorded at $0.4 billion in Dec 2022: SBP
According to data issued by the State Bank of Pakistan (SBP) on Wednesday, Pakistan's current account deficit decreased dramatically from ...
SBP plans to increase 35pc Islamic banking by 2025
The State Bank of Pakistan (SBP) aimed to increase the percentage of Islamic banking to 35% by 2025, according to ...
SBP governor hopeful of foreign exchange inflows in coming days
Jameel Ahmed, the governor of the State Bank of Pakistan (SBP), expressed hope on Wednesday that the situation of Pakistan's ...
SBP issues NOCs to five applicants for establishing digital bank
The State Bank of Pakistan (SBP) on Friday said that it has issued no-objection certificates (NOC) to five applicants for ...
Oil, and telecom sectors raise red flags over letters of credit
The State Bank of Pakistan (SBP) and the Ministry of Finance (MoF) were urgently enlisted by the Ministry of Energy's ...
Dams fund has over Rs16 billion, work ‘hit by floods’
The Supreme Court stated on Thursday that the money in the dams fund will not be used to repair the ...
Govt raises only Rs315b from T-bills
The cash-strapped government on Wednesday raised Rs315 billion less than half the auction target of Rs650 billion, at a historically ...