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SBP sells Rs 86,893.509 MTBs KARACHI: The State Bank of Pakistan (SBP) on Wednesday sold Market Treasury Bills (MTBs) of Rs 86,893.509 million of 3-month, 6-month and 12-month tenure.The face value of these bills was Rs 89,625.590, said an SBP press release. Copyright APP (Associated Press of Pakistan), 2014 ...

Pak forex figure $ 14.34006bn KARACHI: The total liquid foreign reserves of the country stand at dollars 14,34006 billion, said State Bank of Pakistan.According to SBP's weekly statement issued here on Monday, the foreign reserves held by State Bank on July 25 amounted to dollars 9.27507 billion. The net foreign reserves held by other banks were dollars 5.06409 billion.During the week, SBP's Liquid foreign reserves decreased by dollars 123 million to dollars 9,276 million compared to dollars 9,399 million in ...
SBP issued fresh currency notes of Rs 154bn in Ramazan KARACHI: State Bank of Pakistan issued fresh currency notes of Rs 154 billion during the month of Ramazan to cater to the high demand from general public for fresh currency notes on the occasion of Eid-ul-Fitr. A statement issued by State Bank here on Monday said that SBP's Banking Services Corporation (BSC) fully utilized the extensive network of commercial bank branches across the country and issued fresh notes to all commercial banks in good numbers.In ...
SBP injects Rs 18,600mn into market KARACHI: State Bank of Pakistan (SBP) on Monday injected Rs 18,600 million for four days into market during its open market operation.The bids offered for this injection amounted Rs 21,600 million. The rate of return is 9.93 percent, said SBP release. Copyright APP (Associated Press of Pakistan), 2014 ...
Banks to ensure ATM services availability during Eid holidays ISLAMABAD: As per the instructions of the State Bank of Pakistan (SBP) all the banks across the country would ensure Auto Teller Machine (ATM) services availability during Eid holidays.The SBP through a special order has directed banks to take necessary measures in order to ensure maximum availability of ATM services and avoid public inconvenience during Eid holidays.In a circular letter, banks were instructed to ensure round-the-clock availability, consistent monitoring of ATMs and mobilize maximum resources ...
Meezan Bank profit after tax grows by 17pc, declares interim cash dividend of 15pc KARACHI: Meezan Bank Ltd has recorded 17% growth in its profit-after-tax which increased to Rs 2.254 billion compared to Rs 1.933 billion earned in the corresponding half year of 2013.The earnings per share of the bank increased to Rs. 2.25 (June 2013: Rs. 1.93), a news release said here on Monday.As a result of the bank's strong profitability, the Board of Directors approved an interim cash dividend of Rs 1.50 per share (i.e 15%).The Board ...
President asks Tax Ombudsman to ensure speedy justice to taxpayers ISLAMABAD: President Mamnoon Hussain Friday urged the Federal Tax Ombudsman to take vigorous steps and innovative approaches to ensure inexpensive and speedy justice to the taxpayers.Talking to Abdur Rauf Chaudhry, Federal Tax Ombudsman (FTO) here at the Aiwan-e-Sadr the President said the institution of FTO was an important government organization mandated to redress the complaints of maladministration and rectify injustice done to the tax payers by the tax authorities.Abdur Rauf Chaudhry presented to the President ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln