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Business & Economy Published 28 Oct, 2024 09:02am

Business leader calls for lowering interest rate by 5%

He argued that such a reduction is vital for enhancing trade activities in the country

Business & Economy Published 21 Oct, 2024 03:49pm

Pakistan requests additional $2b from IMF to tackle climate change challenges

Pakistan requested an additional $1.5 billion loan from IMF on Sept 27 due to climate issues

Business & Economy Published 17 Oct, 2024 05:32pm

Structural impediments challenge macroeconomic stability: SBP

Central bank cites unfavourable business environment continue to constrain economy’s growth potential

Business & Economy Updated 01 Oct, 2024 04:49pm

Pakistan records lowest inflation rate in 4 years

Inflation falls to 6.9% year-on-year basis

Business & Economy Published 24 Sep, 2024 12:43am

SBP extends date for imports of cash US dollar till June 30, 2025

Decision taken to ensure adequate supply of cash USD in open market

Business & Economy Updated 12 Sep, 2024 05:13pm

State Bank of Pakistan cuts key rate by bigger than expected 200 bps

Decision based on inflation outlook

Pakistan Published 12 Sep, 2024 03:40pm

Designs from competition not actual planned notes, SBP clarifies

SBP says international firm will design new note

Business & Economy Published 08 Sep, 2024 05:23pm

SBP expected to cut interest rate by up to 2.5%

Central bank set to announce new monetary policy on September 12

Life & Style Published 06 Sep, 2024 10:57pm

Check out who won SBP competition for new currency notes design

Central bank shortlists two winners for every denomination design

Business & Economy Published 28 Aug, 2024 05:35pm

People being defrauded in the name of Islamic Banking, Senate Committee finds

The meeting also saw the approval of the Deposit Protection Corporation Amendment Bill

Business & Economy Updated 27 Aug, 2024 06:19pm

Pakistan eyes $4b from Middle Eastern banks to plug financing gap, says SBP chief

Ahmad says recent interest rate cuts in Pakistan have had the desired effect

Pakistan Updated 22 Aug, 2024 07:18pm

SBP working to introduce plastic currency notes, Senate committee told

Governor says Rs5,000 note cannot be discontinued

Business & Economy Published 19 Aug, 2024 03:23pm

Pakistan faces $162m current account deficit in July

July’s current account deficit was 48% higher than previous month

Business & Economy Updated 08 Aug, 2024 06:31pm

Pakistan’s total outstanding debt for FY25 stands at $26.2b, says SBP governor

SBP has already paid $1.5 billion towards the country’s external debt in 2024

Business & Economy Published 29 Jul, 2024 09:37pm

Pakistan shares climb 1% on rating upgrade

KSE-100 index closed at 78,827.74 levels after gaining 798.24 points

Business & Economy Updated 29 Jul, 2024 05:14pm

State Bank of Pakistan cuts key interest rate by 100 bps to 19.5%

The rate was cut by 150 basis points in June

Business & Economy Published 26 Jul, 2024 11:13pm

State Bank of Pakistan widely seen cutting rates

Only one analyst out of 14 predicted that rates would be held at 20.5%

Business & Economy Published 10 Jun, 2024 05:00pm

State Bank of Pakistan cuts key rate to boost economy

Decision to cut key rate to 20.5% comes two days ahead of annual budget

Pakistan Updated 10 Jun, 2024 11:46am

Monetary Policy Committee to meet today with rate cut on the cards

The SBP's monetary policy committee will meet on Monday

Business & Economy Updated 09 Jun, 2024 12:09pm

SBP could cut policy rate, global agency predict

Inflation has been lower than expected

Business & Economy Published 10 May, 2024 09:29am

Workers remittance hit $2.80 billion in April

It is second highest in FY23-24

Business & Economy Updated 30 Apr, 2024 06:28pm

Pakistan receives final $1.1 billion SBA tranche

International lender disbursed $1.1b, the last tranche of fun under SBA

Business & Economy Published 26 Apr, 2024 08:33am

State Bank expected to hold rates on Monday ahead of IMF deal

Pakistan's Consumer Price Index (CPI) for March rose 20.7% from the year before

Business & Economy Published 18 Apr, 2024 07:22pm

SBP chief says deceleration in inflation is broad-based

Jameel Ahmad cites inflation had fallen sharply over the past year

Business & Economy Published 13 Apr, 2024 04:56pm

Pakistan makes major loan repayment ahead of IMF talks

Pakistan has been grappling with a severe balance of payments crisis, along with soaring inflation

Business & Economy Published 04 Apr, 2024 07:47pm

Banks to remain closed from April 10 to April 12

State Bank of Pakistan issues statement

Business & Economy Updated 19 Mar, 2024 01:13pm

Pakistan needs $4.8 billion before July, says SBP governor

Adds that govt is planning to get billions worht of debt rolled over

Business & Economy Published 18 Mar, 2024 03:59pm

SBP keeps interest rate unchanged at 22% for sixth consecutive session

MPC says inflation began to decline from the second half FY2024

Business & Economy Published 16 Mar, 2024 12:55pm

SBP reacts to reports of plan to introduce plastic banknotes

Says no such plan or suggestion under consideration

Pakistan Published 11 Mar, 2024 04:04pm

SBP announces revised working hours for banks during Ramadan

Ramadan 2024 likely to begin from Mar 12 in Pakistan