Print April CA deficit dips 39pc to $623m MoM KARACHI: The country’s current account deficit sharply declined by 39 percent during the month of April 2022,... Updated 20 May, 2022 11:44am
Business & Finance Illegal offshore FX websites: SBP stops banks from making payments KARACHI: The State Bank of Pakistan (SBP) Wednesday prohibited the banks for payment to illegal offshore foreign... Published 19 May, 2022 05:29am
Print April remittances from workers hit record high KARACHI: Workers’ remittances continued to post strong growth and the country received the highest-ever $3.1 billion... Updated 14 May, 2022 10:06am
Pakistan Asaan Mobile Account: SBP announces temporary waiver of OTP/CBC KARACHI: The State Bank of Pakistan (SBP) has announced a temporary waiver of One Time Password (OTP)/ Call Back... Published 11 May, 2022 04:58am
Business & Finance RDA inflows hit $4.2bn mark KARACHI: Inflows of Roshan Digital Account (RDA) are growing, reaching $4.2 billion at the end of April 2022. ... Published 10 May, 2022 05:10am
Business & Finance Broadcaster agrees to acquire 25pc shares of Summit Bank KARACHI: Salman Iqbal, CEO of local television network, has agreed to acquire some 25 percent stakes in Summit Bank... Published 07 May, 2022 06:31am
Print Dr Murtaza appointed SBP’s acting governor KARACHI: The federal government has appointed Dr Murtaza Syed as acting governor of the State Bank of Pakistan (SBP)... Updated 06 May, 2022 10:06am
Print SBP: Dr Murtaza to assume charge of acting governor? Dr Reza Baqir assumed his responsibilities on May 5, 2019 and his three-year tenure is being completed on May 4, 2022 Updated 03 May, 2022 03:04pm
Print Inward home remittances: ECs can maintain separate forex accounts for each MTO: SBP KARACHI: The State Bank of Pakistan (SBP) has allowed the Exchange Companies (ECs) to maintain separate foreign... Updated 01 May, 2022 09:05am
Business & Finance Mobile payment applications: SBP issues security guidelines KARACHI: The State Bank of Pakistan (SBP) has issued comprehensive security guidelines for mobile payment... Updated 28 Apr, 2022 11:19am
Business & Finance Jul-Mar FDI declines 2pc to $1.285bn YoY KARACHI: Foreign Direct Investment (FDI) witnessed negative growth and declined by two percent during the first nine... Published 20 Apr, 2022 05:12am
Print Remittances: $2.8bn record inflows received in March KARACHI: Inflows of workers’ remittances maintained unprecedented growth surging to $ 23 billion in the first nine... Published 15 Apr, 2022 05:29am
Print Asaan Account, Asaan Remittance Account: SBP enhances transaction limits KARACHI: The State Bank of Pakistan (SBP) has announced increase in the transaction limits for Asaan Account and... Updated 14 Apr, 2022 10:38am
Business & Finance Reports of massive withdrawal rebutted: RDA inflows surpass $4bn mark so far: SBP KARACHI: The State Bank of Pakistan (SBP) on Monday categorically rejected the report of massive withdrawal from the... Published 12 Apr, 2022 05:17am
Business & Finance Inflation and external stability: Policy rate hiked to 12.25pc at MPC emergency meeting KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) in its emergency meeting, held on... Updated 08 Apr, 2022 10:25am
Print SBP allows remittance of commission earned by IBD KARACHI: In order to facilitate foreign portfolio investment in the country through International Broker Dealers... Updated 08 Apr, 2022 10:19am
Print Debt stocks jump 10pc to Rs42.76trn in 8 months KARACHI: The federal government’s total debt (domestic and external) stocks rose by 10 percent during the first... Updated 06 Apr, 2022 09:46am
Print Forex reserves down $3bn KARACHI: The country’s foreign exchange reserves fell drastically by some $3 billion in a week mainly due to... Updated 01 Apr, 2022 10:17am
Print PRs for SME financing amended: Five-year-old small, medium enterprises to be considered startups: SBP KARACHI: The State Bank of Pakistan (SBP) has amended the Prudential Regulations for SME financing and now a small... Updated 30 Mar, 2022 10:23am
Print Forex reserves plunge by $844m on external debt payments KARACHI: The country’s total liquid foreign exchange reserves fell sharply by $844 million in a week, mainly due ... Updated 25 Mar, 2022 11:04am