Print Q1 FY23: External debt, liabilities dip over $3bn KARACHI: Pakistan’s external debt and liabilities fell over $3 billion during the first quarter (Jul-Sep) of this... Updated 17 Nov, 2022 09:18am
Business & Finance Jul-Oct remittances down 9pc YoY KARACHI: Inflows of home remittances fell by 9 percent during the first four months of this fiscal year (FY23) as... Published 12 Nov, 2022 05:55am
Print SBP launches ‘ESRM manual’ for banks and DFIs KARACHI: The State Bank of Pakistan (SBP) Wednesday launched Environmental & Social Risk Management (ESRM)... Updated 10 Nov, 2022 09:08am
Print SBP takes big step to contain forex outflow KARACHI: In a major move to contain the outflow of foreign exchange from the country, the State Bank of Pakistan... Updated 09 Nov, 2022 09:35am
Business & Finance RDA inflows rise to $5.3bn KARACHI: Inflows of Roshan Digital Accounts (RDA) rose to $5.3 billion at the end of October 2022 since its... Published 08 Nov, 2022 06:38am
Print ECs can sell 20pc inward remittances to customers: SBP KARACHI: The State Bank of Pakistan (SBP) has allowed Exchange Companies to sell 20 percent of their inward workers’... Updated 04 Nov, 2022 09:42am
Print TCP finalises 0.3m tons of urea import deal KARACHI: Trading Corporation of Pakistan (TCP) has finalised a deal for import of some 300,000 tons urea to avoid ... Published 02 Nov, 2022 04:37am
Markets Dar takes major steps to tackle rupee volatility Minister for Finance asks banks and ECs to avoid manipulation of the dollar, warns of strict action if institutions are found involved in unlawful practices Updated 30 Oct, 2022 04:12pm
Print Facial recognition of users by LEAs: Banks told to install quality CCTVs at ATMs, on branch premises KARACHI: The State Bank of Pakistan (SBP) has directed banks to install top quality CCTVs at ATMs and around branch... Updated 27 Oct, 2022 09:47am
Business & Finance SBP directs FIs to submit shareholding info KARACHI: The State Bank of Pakistan (SBP) has directed the Financial Institutions to submit shareholding information... Updated 26 Oct, 2022 09:30am
Business & Finance Q1 FDI declines 47pc to $253.4m YoY KARACHI: Foreign Direct Investment (FDI) continued negative growth and plunged by 47 percent during the first... Updated 20 Oct, 2022 09:52am
Print Ijarah Sukuk transaction structure unveiled KARACHI: The State Bank of Pakistan (SBP) Monday announced the transaction structure for the issuance of government... Updated 18 Oct, 2022 09:41am
Print Govt will borrow over Rs7trn during Q2FY23 KARACHI: In the absence of sufficient foreign inflows, the federal government has enhanced its reliance on borrowing... Updated 13 Oct, 2022 09:44am
Business & Finance Q1 remittances fall over 6pc YoY KARACHI: Workers’ remittances fell over 6 percent during the first quarter (July-Sept) of this fiscal year due to... Updated 12 Oct, 2022 09:32am
Print SBP forecasts high inflation, weak growth Maintains key policy rate at 15pc Updated 11 Oct, 2022 10:03am
Business & Finance Overall banking assets: Market share of IBI assets surges to 19.5pc KARACHI: Assets of Islamic Banking Industry (IBI) witnessed an all-time high quarterly increase of Rs 836 billion... Published 04 Oct, 2022 06:51am
Print PKR consideration of CE transactions thru bank accounts made mandatory KARACHI: In order to promote documentation and transparency in the foreign exchange transactions, the State Bank of... Updated 01 Oct, 2022 11:04am
Print Import of 2MMT of wheat: Private sector seeks to get the nod from govt KARACHI: The private sector is seeking the federal government’s nod for the import of some 2 million metric tons ... Updated 28 Sep, 2022 10:04am
Markets $2,000 and above: Exchange Companies must conduct sale transactions through banking channels: SBP KARACHI: In order to further strengthen the regulatory regime for Exchange Companies and promote the banking... Updated 24 Sep, 2022 10:37am
Business & Finance Jul-Aug FDI down 26pc YoY KARACHI: The Foreign Direct Investment (FDI) in Pakistan fell by 26 percent in the first two months of this fiscal... Published 23 Sep, 2022 06:14am