Just in:  

You are here: Home»Pakistan»Banking & Finance

Banking & Finance


Pak forex stands at $ 15.01908bn KARACHI: Total liquid foreign reserves of the country stand at dollars 15.01908 billion, said State Bank of Pakistan's (SBP) weekly statement issued here on Thursday. The statement said that the foreign reserves held by State Bank on January 16 amounted to dollars 10.33005 billion and the net foreign reserves held by other banks stood at dollars 4.68903 billion.During the week ending on January 16, SBP's liquid foreign exchange reserves decreased by dollars 34 million to $ 10.331 billion compared to $ 10.365 billion of the previous week. Over the period, SBP made payments of $ 57 billion on account of external debt servicing and other official payments. No major inflow was recorded during the week under consideration.Copyright APP (Associated Press of Pakistan), 2015 ...

Banks disburse Rs 219.5bn agri loan in 6 months: SBP KARACHI: During the first half of current fiscal year (July-Dec. 2014) the banks have disbursed agricultural credit of Rs 219.5 billion which is 44% of the overall annual target of Rs 500 billion.This is 38% higher than disbursement of Rs 159.4 billion made during the corresponding period of last year. The outstanding portfolio of agricultural loans has increased by Rs 34.7 billion from Rs 276.7 billion to Rs 311.4 billion at the end December 2014 ...
SBP Governor's press conference on monetary policy KARACHI: Governor, State Bank of Pakistan (SBP) Ashraf Mahmood Wathra will announce monetary policy decision at a press conference here on Saturday. The press conference is scheduled to start by 4.30 PM at SBP Head Office, said SBP announcement here on Wednesday.Copyright APP (Associated Press of Pakistan), 2015 ...
SBP auctions Rs 156.505045bn MTBs KARACHI: State Bank of Pakistan (SBP) on Wednesday auctioned Government of Pakistan market treasury bills (MTBs) amounting Rs 156.505045 billion; with face value of Rs 168.40301 billion.The bids offered for 3-months, 6-months and 12-months MTBs were of Rs 506.4100683 billion ; having face value of Rs 546.26703 billion, said SBP statement.Copyright APP (Associated Press of Pakistan), 2015 ...
SBP to issue Rs 20 commemorative coin KARACHI: State Bank of Pakistan (SBP) will issue Rs 20 commemorative coin from January 31, 2015 to mark 'Pakistan-China Year of Friendly Exchange 2015.' This is in pursuance of Federal Government's notification dated January 8, 2015, said SBP statement here on Wednesday.The coin weighs 10 grams with 75% copper and 25% nickel.Its shape is round with serration on the edge and a diameter of 27.5mm.The waxing crescent moon and a five pointed star facing north-west ...
CDNS saves Rs.201bn in July-January 2014-15 ISLAMABAD: The Central Directorate of National Savings (CDNS) realised Rs.201 billion as savings during the first seven months of this fiscal year against the target of Rs.153bn.The amount was Rs.98 bln more than the collection during the same period of last year, a senior official of CDNS told APP on Thursday.He said the assets of CDNS have also crossed Rs2.6 trillion, 26 per cent of the total national savings.He said the CDNA to initiate the ...
Liquidity management aims at price stability: SBP KARACHI: Liquidity management operations of State Bank of Pakistan (SBP) aim to achieve monetary policy objectives of price stability so as to provide a facilitating environment for economic growth.In particular, the intermediate goal is to contain the overall monetary expansion (M2 growth) within safe limits; consistent with price stability objective, said SBP statement here on Tuesday.This is ensured by management of day-to-day liquidity in the banking system with a view to keep the overnight money ...


Index Closing Chg%
Arrow DJIA 17,826.30 1.54
Arrow Nasdaq 4,931.82 1.52
Arrow S&P 2,081.18 1.13
Arrow FTSE 6,994.60 0.93
Arrow DAX 11,688.70 2.58
Arrow CAC-40 5,143.26 1.55
Arrow Nikkei 19,652.88 1.17
Arrow H.Seng 27,653.12 0.31
Arrow Sensex 28,442.10 0.78

New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyApril 16, 2015
Reserves $16.818 bln