Business
SBP is set to launch new Banknote Series
Staff Report The State Bank of Pakistan (SBP) has initiated the process of designing and issuing a new banknote series for all existing denominations. It is…
Staff Report The State Bank of Pakistan (SBP) has initiated the process of designing and issuing a new banknote series for all existing denominations. It is…
Muhammad Haris The State Bank of Pakistan (SBP) has imposed over Rs. 465 million penalties on banks for deficiencies in complying with regulatory instructions during the…
Muhammad Haris The State Bank of Pakistan (SBP) on Monday decided to keep interest rate unchanged. Governor State Bank of Pakistan Jameel Ahmed said that from…
Staff Report FBR and the Financial Monitoring Unit (FMU) have joined hands to Enhance Coordination To Combat Illicit Finance. Chairman Federal Board of Revenue Malik Amjed…
Muhammad Haris The National Savings Profit Rate declined following a continuous fall in the cut-off yields in Pakistan Investment Bonds rates. The rate of profit on…
Staff Report The State Bank of Pakistan (SBP) is likely to maintain the policy rate at 22% in the upcoming Monetary Policy Statement (MPS). The State…
Muhammad Haris State Bank of Pakistan (SBP) is introducing a Centralized Foreign Exchange Trading platform named ‘FX Matching’ for the interbank FX market. The objective is…
Muhammad Haris The government has given an assurance to IMF to increase the revenue base, adopt the strict policy, and start door-to-door campaigning and will urge…
Muhammad Haris State Bank of Pakistan’s foreign exchange reserves declined by $128 million on debt and interest repayments. Sbp reserves stood around $8.027 billion following the…
UAE has also confirmed the rollover of $2 billion in deposits Muhammad Haris The State Bank has received $700 million from the International Monetary Fund following…