Pakistan’s foreign exchange reserves spring high in 53 months
The State Bank and commercial banks held foreign exchange reserves of over $23.5 billion for the first time in 53 ...
Tag: State Bank of Pakistan
Housing and Construction Bank Financing crosses Rs.200bn
Based on the official reports, the housing and construction bank financing portfolio sector has recently recorded an unmatchable surge because ...
Pakistan’s exports fall down by 5.7 percent
On Monday, Pakistan’s exports to its nine regional countries plunged over 5.7 per cent in the nine months of the ...
Roshan digital accounts gains historic $1bn inflow
The foreign exchange inflows through Roshan Digital Account (RDA) surpassed the $1 billion mark creating space for the architects of ...
Govt. hoists Rs708 Billion cuts yields on T-bills
The bid pattern shows that investors are also keen on investing in the short-term T-bills. The government raised the highest ...
Rupee weakens as opposed to Dollar
On Tuesday, The rupee weakened against the US dollar at Rs152.98 in the inter-bank market compared with Monday’s close of ...
Auto-financing hits all-time high of Rs285bn
High demand from consumers took auto-financing to a record high of Rs285 billion during March, an increase of 30 percent ...
FDI drops by 35 percent within nine months
On Monday, According to the data issued by the State Bank of Pakistan (SBP), the FDI fell by 35.1pc to ...
HBL rumored to acquire Silkbank’s consumer holdings
On Thursday, Silk bank had initiated negotiations for a deal with Habib Bank Ltd , the country’s largest commercial bank, ...
Net-profit deluge surpasses $1 billion; 8MFY21
The outflow of profits and dividends on foreign investment crossed $1 billion during the first eight months of the current ...