Business & Finance SBP to issue new notes KARACHI: Governor State Bank of Pakistan (SBP) Jameel Ahmed revealed on Monday that SBP has decided to issue new... Updated 30 Jan, 2024 12:54pm
Print Auction for MTBs: 62bps ‘surprise’ drop in cut-off yield KARACHI: The cut-off yield on short-term government securities surprisingly declined up to 62 basis points in the... Updated 25 Jan, 2024 09:11am
Business & Finance MPC meeting on 29th KARACHI: The meeting of the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will be held on... Published 24 Jan, 2024 05:07am
Print SBP to launch platform for FX interbank market State Bank of Pakistan decides to revamp the foreign exchange trading system Updated 24 Jan, 2024 10:10am
Business & Finance $705m IMF tranche received: UAE rolls over $2bn deposits for one more year KARACHI: The United Arab Emirates (UAE) has rolled over its $2 billion deposits with Pakistan for another one year,... Published 18 Jan, 2024 05:54am
Business & Finance Dec CA posts surplus of $397m KARACHI: The country’s current account has improved significantly and recorded a $ 397 million surplus in December... Published 18 Jan, 2024 05:54am
Business & Finance Margin on PIBs declines KARACHI: Margin on long-term government investment bonds fell up to 50 basis points (bps) in the auction held on... Updated 17 Jan, 2024 08:38am
Business & Finance RDA attracts $1.6bn in CY23 KARACHI: Roshan Digital Accounts (RDA) attracted fresh inflows amounted to $1.6 billion during the last calendar... Published 16 Jan, 2024 05:44am
Print Onion MEP fixed at $1,200 per MT KARACHI: The federal government on Friday announced fixation of the minimum export price of onion at $1,200 per... Updated 13 Jan, 2024 09:01am
Business & Finance Dec workers’ remittances post 5.4pc growth MoM KARACHI: Inflows of workers’ remittances recorded 5.4 percent growth in December 2023 compared to November 2023, the... Updated 11 Jan, 2024 09:56am
Pakistan Onion prices rise due to increased export demand KARACHI: Prices of onion, a running staple food in every household, shoot up to Rs 250 per kg in the domestic retail... Published 10 Jan, 2024 05:22am
Markets Forex reserves hit 23-week high KARACHI: The State Bank of Pakistan (SBP) foreign exchange reserves recorded a notable increase of $ 1.3 billion... Published 05 Jan, 2024 03:12am
Business & Finance 45,000MTs of imported urea arrives KARACHI: A second vessel carrying some 45,000 metric tons imported urea has reached Pakistan for domestic ... Published 03 Jan, 2024 05:32am
Print Banks’ retail transactions: Q1 share of digital payments soars to 80pc KARACHI: The share of digital payments in retail transactions of the banking system increased to 80 percent during... Updated 31 Dec, 2023 07:19pm
Print SBP terms FY23 ‘extraordinarily challenging’ KARACHI: The fiscal year 2023 was extraordinarily challenging, with a host of external and domestic shocks,... Updated 30 Dec, 2023 08:16pm
Print Foreign investors: Jul-Nov profit repatriation soars 312pc to $532m YoY KARACHI: Repatriation of profit and dividends by foreign investors posted a notable 312 percent growth during the... Updated 28 Dec, 2023 08:53am
Print Six major currencies: ECs implement new exchange rate mechanism KARACHI: Following the directives of the State Bank of Pakistan (SBP), Exchange Companies Association of Pakistan... Updated 28 Dec, 2023 09:40am
Print Budgetary support during Jul 1-Dec 16, 2023 period: Govt borrowing jumps 200pc to Rs2.876trn YoY Entire amount was borrowed from the SBP and scheduled banks to finance the fiscal deficit Updated 27 Dec, 2023 09:54am
Print Open market exchange rate calculation: Mechanism finds favour with ECAP Exchange Companies Association of Pakistan appreciates State Bank of Pakistan’s efforts for stability of exchange rate Updated 26 Dec, 2023 10:02am
Print Open market: SBP unveils new exchange rate mechanism KARACHI: In order to ensure transparency and credibility to the process of compiling open market exchange rate, the... Updated 23 Dec, 2023 02:50pm