Bank holiday: SBP to remain closed on Tuesday, September 17
The State Bank of Pakistan (SBP) on Friday said it will remain closed on Tuesday, September 17, 2024, in observance ...
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SBP-held foreign exchange reserves increase $30mn, now stand at $9.47bn – Markets
Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $30 million on a weekly basis, clocking ...
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Most aggressive cut since April 2020: SBP reduces key policy rate by 200bps, brings it down to 17.5%
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) unleashed on Thursday its most aggressive cut in ...
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SBP made its most aggressive move on the interest rate, but business associations are still unhappy
The State Bank of Pakistan (SBP) moved more aggressively on the key interest rate than what the wider market had ...
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Pakistan’s remittance inflow stands at $2.9bn in August, up 40.5% year-on-year
Inflow of overseas workers’ remittances clocked in at $2.943 billion in August, a massive 40.5% higher on a year-on-year (YoY) ...
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FPCCI seeks 400bps cut in interest rate
LAHORE: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has called on the government and Monetary Policy Committee ...
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Liquidation: SBP cancels IDBL’s licence
KARACHI: The State Bank of Pakistan (SBP) has announced cancellation of the banking licence of Industrial Development Bank Limited. “In ...
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KATI urges SBP to reduce bank interest rates
KARACHI: Korangi Association of Trade and Industry (KATI) has issued an urgent call to the State Bank of Pakistan (SBP) ...
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Forex reserves up – Business & Finance
KARACHI: State Bank of Pakistan (SBP) Thursday said the total liquid foreign reserves held by the country stood at US$14,739.9 ...
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SBP-held foreign exchange reserves increase $33mn, now stand at $9.44bn – Markets
Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $33 million on a weekly basis, clocking ...
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