SBP
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Business
Foreign Exchange Reserves Decrease by $36.4 Million
Karachi: The State Bank of Pakistan (SBP) reported a decline of $36.4 million in the country’s foreign exchange reserves over…
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Business
Pakistani Rupee Slightly Devalues Against USD
The Pakistani Rupee (PKR) slightly devalued by Rs 0.6 against the US Dollar in interbank trading on Tuesday, closing at…
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Business
SBP Designates Domestic Systemically Important Banks (D-SIBs) for 2024
The State Bank of Pakistan (SBP) has designated Domestic Systemically Important Banks (D-SIBs) for the year 2024. This decision is…
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Business
Pakistan to Introduce New Currency Notes by End of the Year
Pakistan will be introducing new currency notes by the end of this year, according to Jameel Ahmed, Governor of the…
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Business
SBP Holds Policy Rate Steady at 22%
SBP Maintains 22% Policy Rate: Monetary Policy Statement In its recent announcement, the State Bank of Pakistan (SBP) upheld the…
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Business
SBP Launches Commemorative Rs. 75 Banknote
In a tribute to its rich history and contributions to the nation’s economy, the State Bank of Pakistan (SBP) has…
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Business
Pakistani Rupee Strengthens Against Dollar
KARACHI (Commerce Reporter) – In a historic move, Pakistani rupee has gained strength against the dollar. This comes after the…
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Business
Dollar Value Fluctuates in Interbank and Open Market
KARACHI – On Wednesday, the dollar’s value witnessed mixed interbank and open market movements. According to the State Bank of…
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Business
Pakistan Foreign Exchange Reserves Rise to $4.3B
KARACHI: The State Bank of Pakistan (SBP) on Thursday, released data showing that the Pakistan foreign exchange reserves held by…
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Business
Rupee Reaches One-Month High Against USD
Friday was the third day in a row that the Pakistani currency kept going up, and it recovered to around…
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Business
Rupee’s Winning Streak of Five Days Comes To An End
The Pakistani rupee had been going up for five days in a row, but on Tuesday, it lost 0.24% on…
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Breaking
Pakistan in Talks with IMF to Boost Reserves and Tighten Monetary Policy
State Bank of Pakistan (SBP) and the International Monetary Fund (IMF) held a round of talks to discuss the possibility…
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Business
SBP Releases Data on Country’s Foreign Exchange Reserves
The State Bank of Pakistan (SBP) has released data on the country’s foreign exchange reserves. According to the SBP, the…
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Business
SBP-held Foreign Exchange Reserves Fall Another Critical Level
An extremely critical level of $5.82 billion was reached by the State Bank of Pakistan’s (SBP) foreign exchange reserves on…
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Business
SBP to Lift Ban on LCs, from 2 January
After the news was published on the Daynews.tv about Suzuki company, Toyota, and Indus Motors made an announcement about suspending…
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Business
Old Design Banknotes will not be exchanged after December 31
Karachi: The Federal Government vide Gazette Notification had extended the last date for exchange ability of old banknotes of Rs…
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Pakistan
Indus Motor Company Closes Business
Within four days, two major motor car companies closed down their business. First Millat Tractor company closed down its business,…
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Pakistan
Commerce Minister Meets SBP Governor
On Sunday, Federal Commerce Minister, Syed Naveed Qamar met the governor of the State Bank of Pakistan to discuss financial…
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War on Palestine
Pakistan Might Lose Google Play Store Services
Pakistan might lose google play store services because the SBP did not pay the due amount to international service providers…
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Business
PM inaugurates Sohni Dharti Remittance Program
Islamabad: The Prime Minister of Pakistan Imran Khan, inaugurated the Sohni Dharti Remittance Program (SDRP) offered jointly by the State…
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Business
SBP releases Annual Report on The State of Pakistan’s Economy
Karachi: The State Bank of Pakistan released today its Annual Report on the State of Pakistan’s Economy reviewing the fiscal…
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Business
SBP revises Prudential Regulations for Consumer Financing to moderate import and demand growth
Karachi: The State Bank of Pakistan (SBP) has revised Prudential Regulations (PRS) for Consumer Financing. This targeted step will help…
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Business
SBP to issue a statement about policy rate today
KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) is scheduled to announce the policy rate…
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