Pakistan’s remittances up 4.9pc to $2bn in Feb
Remittances sent by overseas Pakistani workers registered an increase to 4.9% MoM $2 billion, compared… Read More
2 years ago
SBP
SBP’s foreign exchange reserves cross $4bn mark
KARACHI: The foreign exchange reserves held by State Bank of Pakistan (SBP) increased by $487… Read More
2 years ago
Pakistan receives $500mn financing from Chinese bank
ISLAMABAD: Pakistan has received $500 million from the Industrial and Commercial Bank of China Ltd… Read More
2 years ago
SBP’s foreign exchange reserves soar $556mn to $3.81bn
KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by… Read More
2 years ago
Monetary policy: SBP jacks up interest rate to 20pc
KARACHI: The State Bank of Pakistan (SBP) on Thursday raised the monetary policy rate by… Read More
2 years ago
Big decisions likely in unusual meeting of SBP’s monetary policy committee
KARACHI: Big decisions are likely to be taken as the monetary policy committee of the… Read More
2 years ago
Interest rate hike: SBP prepones monetary policy meeting to Mar 2
KARACHI: The State Bank of Pakistan (SBP) on Tuesday preponed its Monetary Policy Committee on… Read More
2 years ago
Pakistan ‘receives’ $700m from China amid economic crisis
KARACHI: Pakistan on Friday received $700 million from China as the foreign exchange reserves held… Read More
2 years ago
SBP’s foreign exchange reserves inch up by $66m
KARACHI: The foreign exchange reserves held by State Bank of Pakistan (SBP) edged up by… Read More
2 years ago
‘Steel shortage’: Manufactures urges SBP to open LCs
KARACHI: Pakistan Association of Large Steel Producers (PALSP) has expressed concern over the shortage of… Read More
2 years ago
SBP amendment bill rejected by Senate
ISLAMABAD: The Senate on Monday rejected the State Bank of Pakistan (SBP) Amendment Bill 2023,… Read More
2 years ago
SBP’s foreign exchange reserves rise above $3bn
KARACHI: After having maintained a declining trend in the last three weeks, the State Bank… Read More
2 years ago
Workers’ remittances fall to 31-month low amid economic crisis
ISLAMABAD: Remittances sent by overseas Pakistani workers continued to decline as inflows dipped month-on-month by… Read More
2 years ago
SBP writes to CAA to curb dollar smuggling
KARACHI: The State Bank of Pakistan (SBP) on Saturday wrote to Civil Aviation Authority (CAA)… Read More
2 years ago
SBP rebuts claims capping dollar price caused $3bn loss in remittances
KARACHI: The State Bank of Pakistan (SBP) on Sunday rebutted claims that capping the price… Read More
2 years ago
SBP’s Foreign exchange reserves plunge to $3.7 billion
KARACHI: The State Bank of Pakistan (SBP) on Thursday said that the foreign exchange reserves… Read More
2 years ago
Monetary policy: SBP increases interest rate to 17pc
KARACHI: The State Bank of Pakistan (SBP) on Monday increased the monetary policy rate by… Read More
2 years ago
State Bank takes back prior-approval condition for imports
KARACHI: The central bank has withdrawn the condition of prior approval for imports and directed… Read More
2 years ago
SBP seeks details for clearance of stuck-up containers
KARACHI: The State Bank of Pakistan (SBP) has sought details of stuck-up imported containers at… Read More
2 years ago
SBP’s foreign exchange reserves rise $258m to $4.601bn
KARACHI: Snapping a two-month declining spree, foreign exchange reserves of the State Bank of Pakistan… Read More
2 years ago