SBP receives first installment of $1.026bn loan from IMF

Pakistan’s foreign exchange reserves have increased by $1 billion

State Bank slashes interest rate by significant 2pc to 17.5pc

Investors had expected reduction in interest rate amid decelerating inflation

Women steal the SBP currency note design competition show

The State Bank congratulates and praises the winners and participants

Prime Minister finalises key targets for five-year economic plan

GDP growth is targeted at 6pc, with inflation to be restricted between 7pc and 8pc

SBP to announce monetary policy today

Governor SBP Jameel Ahmad will announce the Monetary Policy decision at a press conference

SBP holds monetary policy committee meeting today

The committee will determine the policy rate

Banks will remain closed on July 1: SBP

Staff will remain present in financial institutions

Banks to remain closed on May 1: SBP

Banks to remain closed on May 1: SBP

Pakistan interest rates likely to be maintained, IMF will formally approve release of $1.1bn

Some experts still believe up to 100 basis points rate cut is possible

Pakistan needs to arrange $4.8bn for debt repayment in current fiscal year: SBP chief

He is confident of $6bn loan rollover by friendly nations

State Bank expected to maintain interest rates today

Inflation in Feb was 23.1% against 28.3% in Jan

Pakistan inflation sees slowest CPI jump in February since June 2022

The decrease for the second consecutive month is mainly due declining food prices

SBP competition for new design of currency notes sparks memefest

The deadline for submitting the suggestions is March 11, 2024

Pakistan stocks tumble, rupee stays strong amid high interest rates and political uncertainty

One would have to see how the share and currency markets will act in the days leading to Feb 8

KSE-100 Index drops 1.63pc as rate cut hopes fade

The central is expected to retain the interest rates at 22pc

State Bank of Pakistan expected to hold interest rates at 22pc

Only one out of 12 analysts in a Reuters poll expects a 100 basis points cut

Saudi Arabia extends term for $3bn deposit for one year: SBP

Saudi Arabia extends term for $3bn deposit for one year: SBP

Bank deposits reached an all-time high in October

Several factors contributed to the trend including an 11.2pc month-on-month increase in remittances

Mohsin Naqvi asks SBP to shut down banks for four days

Mohsin Naqvi asks SBP to shut down banks for four days

Fiscal policy followed during past several years was unsustainable: SBP

Says record-high circular debt led to energy tariffs hikes

Dollar remains stable in interbank

Kerb markets show no exchange rate

Banks to observe holiday on Eid Miladun Nabi

SBP announced public holiday on September 29 (Friday)

NAB chairman summons meeting in aftermath of SC verdict

Top court nullified 9 out of 10 clauses of NAB amendments passed by PDM government

Economy showing signs of recovery, says finance minister

Dr Shamshad Akhtar says anti-smuggling operations helping stabilise Pak rupee

Pakistan has Rs30.96tn worth money in circulation

Rs22.6tn are lying with private and public banks while Rs8.4tn are with the State Bank of Pakistan

Nepra moved for hike in K-Electric tariff

Nepra will hear the government's request on September 11

BoP's balance sheet surpasses Rs2-tr mark in 1st half of 2023

BoP's balance sheet surpasses Rs2-tr mark in 1st half of 2023

Dr Shamshad Akhtar assumes charge as caretaker finance minister

Finance secretary and senior officials welcomed her

Pakistan's foreign exchange reserves up by $12m

The increase is against the earlier trend of frequent declines since the first week of July

SBP to issue Rs100 coin to commemorate 10 years of CPEC

The coin shall be issued through exchange counters of SBP Banking Services Corporation from Aug 11

SBP puts speculations to rest by sticking to 22pc interest rate

Country witnessed significant decrease in inflation in June, asserts SBP governor

Monetary policy to be announced tomorrow

Monetary policy to be announced on 31st

State Bank allows currency dealers to import dollars through cargo, security companies

Amount shall not exceed 50pc value of their export consignments

Banks to observe three holidays on Ashura

SBP announces two holidays on 28th and 29th

State Bank's forex reserves soars post IMF deal

SBP owned reserves rose by $4.2bn

StanChart to sell five sub-Saharan Africa businesses to Access Bank

StanChart to sell five sub-Saharan Africa businesses to Access Bank

SBP says political uncertainty, inflation, exchange rate hampered economy in 2022

Urges govt to improve productivity, export competitiveness, debt sustainability

SBP governor refuses to disclose $3bn loan beneficiaries 'publicly' despite PAC orders

The scheme executed by the PTI govt involves over 600 persons and had zero pc interest rate

State Bank issues Rs75 commemorative banknote

It is available for general public and can used for transactions

Pakistan's foreign exchange reserves reach $9.34bn

State Bank’s reserves increased by $533 million to $4,069.9m

Banks to remain closed on July 3

Financial institutions will observe five-day Eid closure

Sterling struggles to hold its ground

Sterling struggles to hold its ground

SBP forex reserves drop to alarming level of $3.5bn

Net foreign reserves held by commercial banks came at $5.3bn

Govt extends Eidul Azha holidays

Federal government adds June 28 in Eidul Azha holidays

Banks to observe normal banking on June 24: SBP

Banks to observe normal banking on June 24: SBP

Pakistan's current account deficit dips 81pc during July-May 2022-23

Country sees huge reduction in imports; records $255m surplus in May

Reza Baqir thinks Pakistan is inching towards default, calls for close liaison with IFIs

Comments comes as reports emerge that the country has 'activated Plan-B'

Pakistan being pushed towards default, says Dar

Pakistan's foreign debt increased from $70b to $100b: Ishaq Dar

Businessmen express grave concern over SBP's decision to maintain 21pc policy rate

Pakistan is already ranked 108th out 190 for ease of doing business

State Bank sells Treasury bills worth Rs2,586bn

The cut-off yield for the six-month bills increased 5 basis points to reach 21.989%

SBP governor says Pakistan not considering bilateral debt restructuring, sources claim

Claim negates Dar's statement at post-budget press conference

Banks allowed to buy dollar from interbank for int'l card-based transactions

The move is expected to reduce open market rate by up to Rs25

SBP forex reserve plunge by $119m

The government’s reserves have decreased to the level of $4.193bn

Forex reserves reach $10.04 after $6M dip

The state owned reserves plunge to $4.457bn

Rs 75 commemorative bank notes legal: SBP

Notes will be available in all banks

Banks to stay away from work on May 1

All monetary institutions will honour labour day

Pakistan's forex reserves soar by $394m

SBP reserves have reached to $4.432bn

ATMs of some banks failed to respond

ATMs of some banks failed to respond

Five-day banks' closure on Eid notified

Five day banks closure on Eid ul Fitr 2023

Fawad wants SC proceedings against SBP over non-provision of funds for polls

Not holding elections tantamount to sabotaging the constitution

Forex reserves plunge by $170m: SBP

SBP’s forex reserves were down to approximately $4.38bn

SBP decides against issuing new currency notes this Eid

Widening supply-demand gap is probable cause (Image: AP)

SBP to issue Rs50 commemorative coin to honour constitution

SBP to issue Rs50 commemorative coin to honour constitution

Forex reserves down by $36m, reach $9.75bn

Forex reserves down by $36m, reach $9.75bn

The forex reserves plunged to $ 9.82bn after a decrease of $ 354m

The forex reserves plunged to $ 9.82bn after a decrease of $ 354m

No action against banks yet, for opening LC's on additional prices

No action against banks yet, for opening LC’s on additional prices

Rice exports decline by 20.59% in the current fiscal year

Rice exports reduced by 20.59% on year-to-year basis

Pakistan's liquid foreign reserves rise above $ 10bn

Pakistan’s liquid foreign reserves rise above $ 10bn

SBP issues Rs50 coin to celebrate Senate's golden jubilee

SBP issues Rs50 commemorative coin to celebrate Senate's golden jubilee

SBP receives $500 million from Chinese bank

SBP receives $500 million from Chinese bank

Workers' remittances down 10.8pc in Jul-Feb FY23

Workers’ remittances down 10.8pc in Jul-Feb FY23

SBP raises key interest rate by 300bps, takes it to 20pc

SBP raises key interest rate by 300bps, takes it to 20pc

Next MPC meeting scheduled on March 16, SBP

There are speculations over SBP’s announcement of off-cycle review to raise interest rate

SBP reserves swell to $4bn after $700m injection by China

SBP reserves swell to $4bn after $700m injection by China

Rupee strengthens against dollar

Local currency appreciates by Rs2.1 to end day at 267.34 against greenback, State Bank of Pakistan

SBP held reserves plummet below $3 billion

Total reserves of Pakistan are $8.54 billion after adding commercial banks’ $5.62 billion

Bank's treatment keeps clients economically excluded, SBP Director

If banks do not treat consumers with respect SBP would introduce CBDC, warns Sohail Javaad

Roshan Digital Account totaled $5.686bn by Jan 2023

Remittance inflows were $110 million in January up from $140 million in December, SBP figures

Pakistani rupee hits to new low against dollar in interbank market

Pakistani rupee hits to new low against dollar in interbank market

SBP-held foreign reserves fall to alarming $3.7bn

Rupee witnessed second-highest percentage decline, biggest drop was in October 1998

Interest rate highest in 25-years

Highest interest rate in recent history was 20% on October 22, 1996, lowest was 5.75% on May 23, 2016

Tentative target of Rs1,819bn agri loans set for FY24: SBP governor

Tentative target of Rs1,819bn agri loans set for FY24: SBP governor

Dollar manipulation probe complete, decision to be made on action

Action to be taken against money gained by banks; either fiscal or regulatory, Governor SBP

SBP relaxes importers with one-time convenience

Central Bank advises banks to offer one-time assistance to importers in cash

SBP raises interest rate to 17pc

SBP raises interest rate to 17pc

SBP to determine monetary policy on January 23

Governor Jameel Ahmad will make the announcement one day after the MPC meeting, Central bank

SBP foreign reserves climb $258 million to reach $4.6 billion

Despite severe reserves shortage Govt making payments on int’l debt commitments to avoid default

Karachi's businessmen criticize SBP on LCs crisis

Governor SBP assures all in his power to fix business community’s problems during KCCI, SPCCI visits

CAD drastically drops to $0.4 billion in December, SBP

Comparing Jul-Dec of FY23 to same period of FY22 CAD totaled $3.67 billion against $9.09 billion

SBP issues NOCs for establishing five digital banks

SBP issues NOCs for establishing five digital banks

Pakistan's central bank amends foreign exchange rules to facilitate IT entities, freelancers

Pakistan's central bank amends foreign exchange rules to facilitate IT entities, freelancers

SBP's reserves plummet to perilous low of $4.34 billion

Reserves decrease further $1.23 billion; Commercial banks’ reserves separately at $5.85 billion

SBP grants approval to Pakistan's first agri-fintech app Digitt+

SBP grants approval to Pakistan's first agri-fintech app Digitt+

SBP Governor highlights women's contribution in nation building

SBP Governor highlights women’s contribution in nation building

Old design large size banknotes can't be exchanged post December 31: SBP

Old design large size banknotes can't be exchanged post December 31, says SBP

Pakistan’s foreign exchange reserves drop to alarming level

Pakistan’s foreign exchange reserves drop to alarming level

Debt repayments on track, foreign reserves to increase in 2nd half: SBP Governor

Debt repayments on track, foreign reserves to increase in 2nd half, says SBP Governor

Saudi Arabia extends term of $3bn deposit: SBP

Saudi Arabia extends term of $3bn deposit, says SBP

SBP strongly rebuts placement of any restriction on LCs for import of petroleum products

SBP strongly rebuts placement of any restriction on LCs for import of petroleum products

US dollar strikes back as Pakistani rupee tumbles

US dollar strikes back as Pakistani rupee tumbles.

SBP receives $1.5bn from ADB: Finance Minister

The $1.5 billion countercyclical support is part of a significant response package: ADB

SBP keeps policy rate unchanged at 15pc

SBP keeps policy rate unchanged at 15pc

Rupee continues to gain ground against dollar

Rupee continues to gain ground against dollar

Governor SBP calls on Finance Minister Ishaq Dar

Finance Minister terms fiscal, monetary policy coordination vital for sustainable economic growth

Saudi development fund confirms rollover of $3bn deposit for one year

Saudi development fund confirms rollover of $3bn deposit for one year

US dollar continues upward trajectory against PKR in interbank

After August 16, dollar has gained Rs15.10 in the interbank.

RDA inflows reach $5 billion mark in 24 months

Inflows of remittances during the month of August were recorded at $187 million: SBP

Forex reserves fall $113mn, stands at $7.7bn

Forex reserves fall $113mn, stands at $7.7bn

SBP keeps policy rate unchanged at 15 percent

SBP keeps policy rate unchanged at 15 percent

Jameel Ahmad appointed as SBP governor

Jameel Ahmad appointed as SBP governor

Dollar regains value against PKR in interbank

In two days, the greenback has gained Rs2.10 in the interbank.

SBP introduces commemorative banknote to mark 75 years of independence

The note will be available for public issuance from 30th September 2022.

RDA inflows rise to $4.7 billion in June

RDA inflows rise to $4.7 billion in June

Rupee continues winning streak as dollar plunges in interbank

PKR continued its winning streak in interbank against the US dollar.

Pakistan's external debt of $95 bn is low: SBP

Pakistan’s external debt of $95 bn is low: SBP

IMF's confidence in Pakistan dropped after no-trust motion: SBP

IMF's confidence in Pakistan dropped after no-trust motion:SBP

SBP raises policy rate by 125 bps to 15 percent

SBP raises policy rate by 125 bps to 15 percent

Selected bank branches to remain open on Friday: SBP

Banks / MFBs should ensure the deployment of minimal number of staff: SBP

SBP issues final instructions on IFRS-9 with extended implementation timelines

SBP issues final instructions on IFRS-9 with extended implementation timelines

Pakistan reserves increase $2,071 million to $16,195.6 million

Pakistan reserves increase $2,071 million to $16,195.6 million

RDA inflows rise to $4.356 billion in May

Expatriate Pakistanis from 175 countries had deposited the funds to 416,837 accounts.

SBP challenges Shariah Court’s ruling to abolish 'Riba' in SC

SBP challenges Shariah Court’s ruling to abolish ‘Riba’ in SC

SBP declares RS75 currency note design as fake

SBP declares RS75 currency note design as fake

Pakistan's foreign exchange reserves plunge to lowest level since 2019

The state bank said the decrease came mainly due to external debt repayments.

Number of Roshan Digital Account holders reaches 400,000: SBP

Number of Roshan Digital Account holders reaches 400,000

PM thanks overseas Pakistanis as RDA deposits cross $4.5bln

I thank overseas Pakistanis for reposing their trust in the motherland: PM

Highest ever daily inflows worth $57 mln recorded in Roshan Digital Account: SBP

Deposit inflows in Roshan Digital Account (RDA) recorded highest ever daily figure on Tuesday.

Financial system remains resilient, says FSR 2021

Financial system remains resilient, says FSR 2021

Rupee further weakens as US dollar flies high in interbank

Rupee further weakens as US dollar flies high in interbank

Govt dispels rumours about safety of bank accounts, lockers

Govt dispel rumours about safety of bank accounts, lockers

US Dollar goes up after govt raises fuel prices

On Friday, the US Dollar climbed 36 Paisa in interbank.

Rupee regains value against dollar in interbank

From its peak of Rs 202, dollar is now down by Rs 4.26.

US dollar continues to shed value against Rupee

Days after the government reversed some subsidies on fuel, value of US Dollar is depreciating.

PKR recovers by Rs2.26 against USD in interbank

After the recovery of rupee, dollar is now being sold on 200 after the day started in the interbank.

SBP reduces auto financing period

The maximum tenure of auto finance has been reduced from five years to three years.

SBP raises interest rate by 150bps to 13.75pc

SBP raises interest rate by 150bps to 13.75pc

SBP to announce monetary policy on Monday

The committee is likely to hike the interest rate

RDA inflows rise to $4.167 billion in April

The inflows of remittances during the month of April were recorded at $245 million.

Dollar flies high, rises over 60 paisas in Inerbank

After its increase of 60 paisas in the Interbank, Dollar is now at Rs.200 and 60 Paisas.

Forex reserves touch 28-month low

SBP shows, the reserves held by the central bank decreased to $10.3 billion in a week.

US Dollar hits all time high at Rs190 in interbank trade

US Dollar hits all time high at Rs190 in interbank trade

SBP announces bank timings with 5 working days

The above timings will continue until modified or withdrawn: SBP

Dr. Murtaza Syed assumes office of acting Governor of SBP

he has more than 20 years of experience in macroeconomic research and policy making.

Dr Murtaza Syed to assume charge as SBP Governor on Friday

Dr Murtaza Syed has more than 20 years of experience in macroeconomic research and policy making.

Murtaza Syed to take over as Governor SBP as Reza Baqir's term ends

Reza Baqir's term as SBP governor ends as govt decides against extension

Reza Baqir's term as SBP governor ends as govt decides against extension

Dr Baqir was appointed as the governor of the central bank by President Arif Alvi on May 4, 2019.

Govt decides against granting extension to Dr Reza Baqir as SBP Governor

Govt decides against granting extension to Dr Reza Baqir as SBP Governor

Banks to remain open this Saturday ahead of Eid holidays: SBP

The general public is encouraged to undertake their banking transactions on Saturday: SBP

Federal Shariat Court declares country's interest-based financial system un-Islamic

The government should remove the word "interest" from every law, the order said.

Pakistan's current account deficit reaches $1bn in March

The current account balance is a key figure for Pakistan's economy.

Dollar surpasses Rs187 mark in interbank market

The dollar was being quoted at around 187.20.

FDI drops by 2pc in nine months of FY22

China remained the largest investor with net flows of $334 million.

Talks with IMF to start from Tuesday

The successful meeting will help Pakistan to procure the tranche of $1 billion from IMF.

SBP hikes interest rate by 250 bps to 12.25pc

SBP hikes interest rate by 250 bps to 12.25pc

Islamic banking assets recorded highest ever growth of Rs1.3 trillion in CY21: SBP

The Islamic Banking Industry reached new peaks during CY21 as its assets surpassed the 5 trillion

FDI inflows rise 6.1% in 7 months

FDI inflows rise 6.1% in 7 months

SBP keeps interest rate unchanged at 9.75 percent

SBP keeps interest rate unchanged at 9.75 percent

Digital payments continue brisk growth during 1QFY22: SBP

Two major areas with high adoption are mobile and internet banking.

SBP enhances agriculture credit limits to meet farmers input requirements

This will also enable banks to align the loan amounts with the actual requirements of farmers: SBP

Governor SBP receives monthly salary of Rs2.5 million

The governor is also entitled to free landline/mobile phones and internet access.

SBP introduces instant, free person-to-person payments under Raast

SBP introduces instant, free person-to-person payments under Raast

SBP now under direct control of IMF: Fazlur Rehman

Government has made country poorer: JUI-F Chief

Yousuf Raza Gillani sends resignation as Senate Opposition Leader to PPP

I was not taken into confidence for State Bank Amendment Bill: Gillani

Fawad Ch expresses pleasure over passage of SBP Bill by Senate

The information minister said with the help of God Almighty, this journey of success will not stop.

Senate approves SBP Amendment Bill 2022

Senate approves SBP Amendment Bill 2022

SBP keeps interest rate unchanged at 9.75 percent

SBP keeps interest rate unchanged at 9.75 percent

SBP hosts event on 'Digital Banks – A New Era in Pakistan'

SBP issued “Licensing and Regulatory Framework for Digital Banks” earlier this month

SBP digitizes refinance process of EFS

Initially, digitized process of EFS cases will run in parallel with existing manual submission: SBP

SBP has been handed over to IMF: Hamza Shahbaz

Hamza Shahbaz lashed out at the Pakistan Tehreek-e-Insaf (PTI) government on Friday

NA passes SBP (Amendment) Bill-2022 amid opposition's protest

The bill was tabled by Minister for Finance and Revenue Shahukat Train.

Basic economic indicators kept under control even in pandemic: Governor SBP

Reza Baqir said that Ehsaas Cash Program has been recognized at international level.

SBP will remain under control of govt: Finance Minister

IMF asked government to stop borrowing money from the State Bank: Finance Minister

Housing, construction finance jumps to Rs355bn in CY21: SBP

The central bank said that financing under MPMG picked up momentum in 2021.

SBP's Compendium on banking shows 16.9pc growth in deposits in 1QFY22

SBP's Compendium on banking shows 16.9pc growth in deposits in 1QFY22

SBP governor terms I-SAAF scheme a game changer for SMEs

Dr Baqir highlighted that with the objective of stimulating sustainable economic growth of country

SBP sets Rs 1.7 trillion agriculture credit target for FY22

SBP sets Rs 1.7 trillion agriculture credit target for FY22

SBP raises interest rate by 100bps to 9.75pc

SBP raises interest rate by 100bps to 9.75pc

SBP to launch new initiative 'Asaan Mobile Account' on Monday

The customers would be able to open and operate their accounts from home.

SBP revises prudential regulation for Microfinance Banks

SBP revises prudential regulation for Microfinance Banks

$3 billion Saudi deposit received by SBP: Shaukat Tarin

I want to thank Crown Prince Mohammed Bin Salman and Kingdom of Saudi Arabia: Tarin

Saudi Funds approves agreement of $3 bn with SBP

Saudi Funds approves agreement of $3 bn with SBP

Sustainable growth is our goal: Reza Baqir

SBP Governor Reza Bqir said that our growth will be 5 percent this year

SBP hikes interest rate by 150bps to 8.75pc

SBP hikes interest rate by 150bps to 8.75pc

Pakistan's remittances in October rise 10pc to $2.5bn

The remittances have risen to $10.6bn so far in FY22.

Roshan Digital Accounts: Inflows reach $2.67bn in 14 months

The amount arrived from 175 countries with 273,411 accounts

USA, China, UK remain top three destinations of Pakistani exports

Total exports to the USA during July-September (2021-22) were recorded at US $1565.343 million

'KSA placing $3bn with SBP, providing $1.2bn oil finance to help Pakistan in balance of payment'

The minister in a tweet thanked the Crown Prince and Kingdom of Saudi Arabia for this kind gesture.

PM thanks Saudi Crown Prince for $3bln deposit in State Bank

Saudi Arabia supports Pakistan in difficult times: Imran Khan

Pakistan, IMF deadlock over rupee devaluation, tax exemption persists

The IMF demanded Pakistani authorities to take immediate action to do more to devalue the green back

Digital payments remain on upward trajectory in FY21: SBP

The same trend was reflected in e-commerce transactions as well.

Overseas Pakistanis benefitted from surge in dollar rate: Governor SBP

Reza Baqir said that talks with the International Monetary Fund (IMF) are going on smoothly.

SBP eases financing conditions for renewable energy solution providers

A shariah complaint version of the scheme was introduced later in the year as well.

SBP imposes 100pc cash margin requirement on import of additional 114 items

Cash margins are the amount of money an importer has to deposit with its bank

Banks to observe extended banking hours on 29th and 30th September

All banks are advised to keep their concerned branches open: SBP

Steady rise in RDAs reflects confidence of overseas Pakistanis on Govt's policies: PM

SBP Governor said that so far 2.3 billion dollars have been transferred through RDA from abroad.

SBP raises policy rate by 25 basis points to 7.25 percent

The SBP said year-on-year inflation fell from 9.7pc in June to 8.4pc in both July and August.

State Bank to announce monetary policy today

The committee will decide about the Monetary Policy