MCB Bank joins UBL and Meezan, says it will establish wholly-owned Exchange Company The Board of Directors (BoD) of MCB Bank Limited, one of the largest commercial banks in the country, announced it... Updated 18 Sep, 2023 07:49pm
Markets Pakistan’s REER index down 1.6% MoM in August, now stands at 90.1 Pakistan’s Real Effective Exchange Rate (REER), a measure of the value of a currency against a weighted average of... Updated 18 Sep, 2023 03:13pm
Markets 8th successive gain: rupee settles at 296.85 against US dollar Gains 0.37% in inter-bank market on Friday Updated 15 Sep, 2023 07:29pm
Print In a surprise move, policy rate kept unchanged KARACHI: As against the market expectations, the Monetary Policy Committee (MPC) of the State Bank of Pakistan has... Updated 15 Sep, 2023 09:51am
Opinion 300bps hike in interest rate: unbelievable! Raising interest rate by 300 basis points (bps) to 20 percent by State Bank of Pakistan is highly unbelievable. A... Published 03 Mar, 2023 06:12am
Print Overnight reverse repo (ceiling) rate to be 17pc KARACHI: The State Bank of Pakistan (SBP) on Friday decided to increase ‘Policy Rate’ (Target Rate) from 15 percent... Updated 26 Nov, 2022 11:30am
Business & Finance Monetary policy: majority expects at least 100bps hike as inflation highest since Dec 2008 Monetary Policy Committee of the State Bank of Pakistan (SBP) is currently scheduled to meet on July 7 (Thursday) Published 01 Jul, 2022 07:15pm
Business & Finance Analyst says high interest rate to undermine growth objective KARACHI: In the Recent Monetary Policy the State Bank of Pakistan left the benchmark interest rate unchanged at ... Published 14 Mar, 2022 06:00am