SBP reserves hit a three-year low of $7.59bn
The rupee also edged lower for a second day as the central bank's foreign exchange reserves dropped by $303 million ...
Tag: State Bank of Pakistan
Remittances hit a four-month low in September
Remittances from Pakistanis living overseas decreased to a four-month low of $2.44 billion in September 2022. In September 2022, compared ...
PKR’s upward march continues with Rs1.84 gain in interbank
Tuesday's early interbank trade saw the PKR increase by Rs1.84 against the dollar, the ninth session in a row that ...
SBP’s Rs. 75 Commemorative Note Made Available for Public From Tomorrow
For the 75th anniversary of Pakistan's independence, the State Bank of Pakistan (SBP) released a commemorative banknote worth 75 rupees. ...
Saudi confirms rollover of $3-bn deposit for a year: State Bank of Pakistan
The State Bank of Pakistan said, the Saudi Fund for Development has indicated it will extend a $3 billion deposit ...
Pakistan’s remittances go up with $2.7 Billion in August
Despite a rise in inflation that has pushed the cost of living up globally in the post-Covid era, overseas Pakistanis ...
PKR remains under pressure, falls by Rs1.64 in interbank
On Monday, the rupee declined by Rs1.64 in the interbank market as it continued to lose strength against the dollar. ...
Pakistan Army rescues 2000 people via helicopters in 24 hours
According to Inter Services Public Relations (ISPR), the Pakistan Army has used helicopters to rescue close to 2,000 persons from ...
SBP sets higher Rs1.8tr agriculture credit target to help flood-hit farmers
The State Bank of Pakistan (SBP) on Friday set a slightly higher Rs1,800 billion farm lending target for 2022–2023 in ...
IMF sees inflation peaking at 20%
The International Monetary Fund (IMF) sees Pakistan’s economy slowing to around 3.5% due to weakening economic conditions and the average ...