Business & Economy Updated 13 May, 2022 05:54pm Dollar reaches all-time high of Rs193 in interbank trade Economist Khurram Schehzad says situation will be clear in the next 15 to 20 days
World Published 11 May, 2022 06:11pm Sri Lanka economy will ‘collapse’ if no new govt in 2 days: central bank Unless a new government is appointed within two days, Sri Lanka's economy will collapse
Business & Economy Updated 07 May, 2022 04:31pm SBP withdraws six-day workweek order Banks will function from Monday to Friday, with some branches being opened to facilitate businesses on Saturday
Business & Economy Updated 06 May, 2022 12:09pm Govt appoints Murtaza Syed acting SBP governor Syed has more than 20 years of experience in macroeconomic research and policy making
Business & Economy Updated 04 May, 2022 12:30pm No extension for Baqir, Murtaza Syed will take over as acting State Bank of Pakistan governor Finance Minister Miftah Ismail says as SBP governor Dr Reza Baqir term comes to end, as per law the senior most deputy governor takes over until
Pakistan Published 01 May, 2022 10:00am Saudi Arabia, Pakistan to discuss possible support for kingdom's $3b deposit Pakistan also welcomes Saudi Arabia decision to extend agreement to finance exports of crude oil products and oil derivatives
Business & Economy Published 21 Apr, 2022 06:48pm Rupee closes near 187 after fourth straight loss against US dollar PKR falls another 0.56% against the greenback in inter-bank market on Thursday
Business & Economy Published 19 Apr, 2022 07:54pm Rupee registers massive loss against US dollar The local currency closes at 184.44 after a day-on-day depreciation of Rs1.90
Business & Economy Published 14 Apr, 2022 06:30pm Rupee records fifth successive gain against US dollar In the last five trading sessions, the rupee has appreciated by 3.6%
Business & Economy Updated 16 Apr, 2022 09:19pm SBP to observe six-day working week with revised working hours The SBP says these timing will also be followed by all banks, development financial institutions and microfinance banks
Business & Economy Published 07 Apr, 2022 05:03pm At emergency meeting, SBP raises policy rate by 250 basis points to 12.25% Central bank is in process of taking further actions to reduce pressures on inflation, current account
Business & Economy Published 06 Apr, 2022 05:58pm Rupee continues free fall, crossing 186 against US dollar Rupee closes at 186.13, its weakest level in history, after a day-on-day depreciation of 90 paisas
Business & Economy Published 05 Apr, 2022 10:41am SBP defers some requirements for Afghan transit trade till December 31 Requirement also pertains to submission of proceeds realization certificate for freight
Pakistan Published 01 Apr, 2022 10:35am Forex reserves fell by $3b due to repayment of syndicated loan facility from China SBP expects this loan will be rolled over as negotiations are under way
Pakistan Published 30 Mar, 2022 12:01pm President Arif Alvi says banks are responsible for customers’ money Urges bank to ensure security of account holders’ deposits and data
Business Updated 25 Mar, 2022 11:11am Foreign exchange reserves fall by $844m in a week Reserves decrease due to external debt and other payments
Pakistan Published 14 Mar, 2022 08:40am ECC ‘all set to clear’ CPEC IPPs dues with approval of worth Rs50b revolving account Power Division has requested Finance Division to provide government guarantee for the credit line facility
Business Published 10 Mar, 2022 11:51pm Remittances up 2% month-on-month, amount to $2.2bn in February State Bank of Pakistan says remittances increase despite fewer working days