Pakistan posts $1.8bn current account deficit CAD in FY21
The fiscal year 2020-21 ended with a large current account deficit (CAD) of $1.8 billion despite showing a surplus till ...
Tag: State Bank of Pakistan
Market watch: KSE-100 rises 137 points
The Pakistan Stock Exchange extended its bull-run on Thursday and the KSE-100 index rose 137 points as investors drew encouragement ...
Pakistan receives $1b in Eurobond proceeds
Pakistan has received $1 billion raised by floating Eurobond in the international market last week, boosting the country’s foreign currency ...
Pakistan’s foreign exchange reserves break records
Pakistan’s foreign exchange reserves reached an all-time high level of $25.3 billion. According to the State Bank of Pakistan (SBP), ...
State Bank reserves rise $1.1b to $17.2b
The foreign exchange reserves held by the central bank rose 6.89% on a weekly basis, according to data released by ...
Foreign exchange: SBP reserves rise $13m to $16.1b
The foreign exchange reserves held by the central bank rose 0.08% on a weekly basis, according to data released by ...
SBP claims, to allow opening bank accounts using phone numbers
The State Bank of Pakistan (SBP) is set to simplify banking by allowing customers to use their mobile number as ...
PM delighted over Roshan Digital Account inflows
Prime Minister Imran Khan on Sunday stated that the Roshan Digital Account had achieved another milestone as the inflows of ...
Facebook’s ‘SheMeansBusiness’ launches in Pakistan
Social media giant Facebook is expanding its women-empowerment focused initiative ‘SheMeansBusiness’ to bolster the financial inclusion and resilience of women-led ...
ICT exports collect $1.9 billion in 11MFY20
On Friday the Exports of telecommunications, computer and information services increased by almost 48 per cent to $1.908 billion during ...