Print Jul-Aug CAD shrinks 19pc YoY KARACHI: The country’s current account deficit shrank by 19 percent during the first two months of this fiscal year... Updated 22 Sep, 2022 09:29am
Print Cross-border payments to be centralised at TOD from Oct 1: SBP KARACHI: In order to further streamline the cross-border payments, the State Bank of Pakistan (SBP) has announced to... Updated 21 Sep, 2022 09:42am
Print Naya Pakistan Certificates: rate of return revised upward KARACHI: The State Bank of Pakistan (SBP) has increased the rate of return for investment in PKR-denominated Naya... Updated 20 Sep, 2022 09:45am
Print SFD confirms one-year extension of $3bn deposit KARACHI: The Saudi Fund for Development (SFD) on Sunday confirmed the rollover of $3 billion deposits with Pakistan... Updated 19 Sep, 2022 09:25am
Print Jul 1-Sept 2 govt borrowing rises 21pc to Rs58bn YoY KARACHI: The borrowing for budgetary support rose by 21 percent during a little over first two months of this fiscal... Updated 17 Sep, 2022 09:57am
Business & Finance Aug remittances post 8pc growth MoM KARACHI: Inflows of workers’ remittances posted 8 percent growth during August 2022, the State Bank of Pakistan... Published 14 Sep, 2022 04:45am
Business & Finance Wheat price jumps by Rs10 per kg KARACHI: Wheat grain prices have sharply risen by Rs 1,000 per 100-kg bag during the last one week due to expected... Published 13 Sep, 2022 06:12am
Print Policy rate kept unchanged at 15pc: MPC sees headline inflation surging to its peak in Q1 KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to maintain the policy... Updated 23 Aug, 2022 09:21am
Print Jameel Ahmed appointed governor of SBP ISLAMABAD/KARACHI: The federal government on Friday appointed former deputy governor Jameel Ahmed, as the new... Updated 20 Aug, 2022 09:31am
Business & Finance Remittance disbursement: SBP allows ECs to become sub-agents of ADs KARACHI: The State Bank of Pakistan (SBP) has allowed Exchange Companies (ECs) to become sub-agent of banks... Updated 19 Aug, 2022 09:43am
Business & Finance RDA customers: SBP issues service standards on mobile apps KARACHI: The State Bank of Pakistan (SBP) has issued service standards for enablement of minimum set of services on... Published 17 Aug, 2022 06:30am
Business & Finance Why Rs75 currency plain note carrying the signature of a former governor: clarification KARACHI: The signature of former governor State Bank of Pakistan (SBP) Dr. Reza Baqir on the Rs 75 commemorative... Published 16 Aug, 2022 03:59am
Print Debt and liabilities hit historic high of Rs59.6trn KARACHI: Pakistan’s total debt and liabilities (domestic and external) continued to grow and reached the historic... Updated 16 Aug, 2022 09:57am
Print Second quarterly (Oct-Dec FY22) report issued: SBP terms PPD vital tool for economic growth Urges increase in public-private collaboration in planning, implementation of economic reforms Updated 13 Aug, 2022 09:21am
Business & Finance Debt servicing: Forex reserves fall by over $2bn in 5 weeks Total liquid foreign exchange reserves plunge to $13.56 billion Updated 12 Aug, 2022 10:31am
Business & Finance SBP allows NRPs to contribute to pension funds Some amendments have been made in instructions regarding NRP Rupee Value Account for contribution in units of Authorized Pension Funds Updated 09 Aug, 2022 03:26pm
Print SBP opens PM’s flood relief fund account KARACHI: Following the federal government directives, the State Bank of Pakistan (SBP) has opened the “Prime... Updated 07 Aug, 2022 01:14pm
Print Items being imported on deferred payments: SBP reduces cash margin to 0pc Previously, cash margin requirement for import payments beyond 180 days was 100% Updated 06 Aug, 2022 09:24am
Business & Finance MPMG housing finance scheme: SBP appoints focal persons to address customers’ complaints Focal persons will facilitate customers, who are eligible to avail the disbursement of financing under MPMG Updated 06 Aug, 2022 12:14pm
Print Business entities incorporated abroad: SBP introduces two separate categories of forex, PKR accounts KARACHI: In order to facilitate the business entities incorporated abroad with majority shareholding of non-resident... Updated 03 Aug, 2022 10:04am