Business Published 08 Mar, 2022 04:42pm Pakistan Rupee falls to historic low against US dollar High oil prices kept Pakistan's currency on the back foot, which dropped to its lowest level against the US dollar,...
Pakistan Updated 08 Mar, 2022 08:38am Pakistan seeks $21b Chinese loan to meet financial needs Seeks rollover of existing loans of $10.735 billion and $10 billion as deposit fund
Must Read Published 07 Mar, 2022 11:20am India rupee falls to lifetime low as oil prices surge; yields rise MUMBAI:The Indian rupee fell to a historic low on Monday, while bond yields surged as a sharp rise in global prices...
World Published 28 Feb, 2022 07:15pm US bans transactions with Russian central bank This new move will make it hard for the Russian central bank to use its vast reserves of hard currency to buy rubles
Business Published 18 Feb, 2022 05:06pm Rupee falls near 176 against US dollar Depreciates 0.27% in inter-bank market on Friday
Business Published 18 Feb, 2022 12:07am Rupee manages to hold ground in a second consecutive session against US dollar The currency's strength comes as oil prices stop their upwards surge
Business Published 15 Feb, 2022 07:25pm E-banking transactions were showing 30 per cent growth annually: Reza Baqir Says e-banking transactions are considerably more than country’s total GDP which currently stands at $370 billion
Business Published 12 Feb, 2022 01:21am Remittances decline 14.9% month-on-month, amount to $2.14bn in Jan However, during the 7 months of FY22 (July-January), remittances have risen to a record $18 billion
World Published 09 Feb, 2022 04:53pm Sri Lanka not on verge of sovereign default, says central bank COLOMBO: Sri Lanka's central bank said on Wednesday the country was committed to honouring all forthcoming debt...
Business Published 03 Feb, 2022 06:55pm Rupee recovers sharply against US dollar after IMF announcement The currency appreciated 0.51% in the inter-bank market, settling at its highest level since December 1
Business Published 27 Jan, 2022 10:31pm SBP's foreign exchange reserves drop to $16.2bn The reserves decrease due to external debt and other payments
Business Published 27 Jan, 2022 10:43am SBP governor confident IMF will revive $6b loan programme Dr Reza Baqir says the govt has taken key measures to fulfil the International Monetary Fund's conditions
Business Published 24 Jan, 2022 06:03pm No change in interest rate: SBP Governor Dr Reza Baqir announces monetary policy Several developments suggest demand moderating measures are gaining traction and have improved the outlook for inflation, says Monetary Policy Committee
Must Read Published 08 Jan, 2022 10:51am SBP Amendment Act: NAB, FIA to have powers to probe SBP officials? Indemnity is being proposed for actions taken in good faith, so that officials are not afraid to take actions
Business Published 07 Jan, 2022 12:46am Against USD: Pakistan's rupee weakens yet again Last week, the PKR had closed at its all-time record low of 178.24 against the USD
Business Published 06 Jan, 2022 11:49pm SBP-held foreign exchange reserves fall $169mn, stand at $17.69bn Total liquid foreign reserves held by the country stand at $24.02 billion
Business Published 04 Jan, 2022 11:07am New framework: SBP to grant two types of digital bank licences Digital Retail Bank will focus on retail customers and Digital Full Bank can deal with retail customers as well as business and corporate entities
Business Published 03 Jan, 2022 11:13pm SBP launches licensing and regulatory framework for digital banks SBP says licensing and regulatory framework provides details for setting up digital banks as a separate category
Business Published 31 Dec, 2021 01:30pm Mini Budget, SBP (Amendment) Bill: NA session adjourned again The approval of the Finance (supplementary) Bill, 2021 and State Bank of Pakistan (Amendment) Bill, 2021 was again...
Business Published 16 Dec, 2021 10:39pm Pakistan's rupee remains unchanged against US dollar in inter-bank market Pakistan's rupee remained unchanged against the US dollar, staying near the 178-mark
Business Published 29 Nov, 2021 05:02pm Pakistan, Saudi Arabia sign $3-billion deposit agreement Deposit will help support Pakistan’s foreign currency reserves and contribute towards resolving adverse effects of Covid-19 pandemic
Business Published 26 Nov, 2021 05:19pm Against USD: Pakistan's rupee ends near historic low Pakistan's rupee weakened further against the US dollar to close near its historic low after another round of...
Business Published 19 Nov, 2021 05:14pm Monetary policy: SBP raises key interest rate by 150 basis points to 8.75% The central bank's MPC said that since the last meeting, risks related to inflation and the balance of...