SBP says curbing inflation critical to achieving growth KARACHI: The State Bank of Pakistan (SBP) believed that curbing inflation is essential for ensuring sustainable... Updated 31 Jan, 2023 09:00am
Pakistan SBP says it recognises cost of monetary tightening, but curbing inflation essential The State Bank of Pakistan (SBP) says that it recognises the short-term cost of monetary tightening on economic... Published 30 Jan, 2023 07:50pm
Business & Finance FPCCI assails hike in key policy rate KARACHI: Irfan Iqbal Sheikh, the president of FPCCI, has expressed his profound disappointment and concern over an... Published 25 Jan, 2023 06:25am
Markets 25th consecutive decline: rupee depreciates against US dollar Currency loses Re0.25 to close at 230.40 in inter-bank market Updated 24 Jan, 2023 06:43pm
Markets KSE-100 rallies over 600 points after MPC announcement Benchmark index rises 1.59% to move past 39,000 level as bulls take charge of the bourse Updated 24 Jan, 2023 08:42pm
Print Policy rate hiked to 17pc to rein in soaring inflation KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) Monday increased the key policy ... Updated 24 Jan, 2023 09:05am
Print Country needs to repay $3bn debt in five months: SBP KARACHI: Governor State Bank of Pakistan (SBP) Jameel Ahmad has said that Pakistan is out of default as major... Updated 24 Jan, 2023 08:52am
Business & Finance Dollar manipulation: SBP says probe complete, decision to be made on fiscal or regulatory action Action would be taken by either the SBP or government, but dual action cannot be taken, says central bank governor Jameel Ahmad Updated 23 Jan, 2023 07:42pm
Markets SBP raises key interest rate by 100bps, takes it to 17% — a 25-year high Governor SBP Jameel Ahmad announces decision at press briefing following the meeting Updated 23 Jan, 2023 10:04pm
Business & Finance Monetary Policy Committee: SBP set to announce key interest rate on Monday The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will meet on Monday, January 23, 2023 to... Published 20 Jan, 2023 03:07pm
Print SBP may hike rates by another 100bps to tame inflation KARACHI: State Bank looks set to raise its key policy rate by 100 basis points to 17% at its review on Monday as it... Updated 20 Jan, 2023 08:44am
Business & Finance Monetary policy: experts expect 100bps hike in policy rate SBP's monetary policy committee is scheduled to meet on January 23 (Monday) Published 16 Jan, 2023 03:00pm
Opinion SBP’s newfound realism The recent meeting of the Monetary Policy Committee (MPC) of the SBP (State Bank of Pakistan) has led to the ... Published 06 Dec, 2022 05:58am
Markets Pakistan's CPI-based inflation in November clocks in at 23.8% CPI inflation in rural areas stood at 27.2% on a year-on-year basis Updated 01 Dec, 2022 05:49pm
Business & Finance 6-month KIBOR hits all-time high after SBP's rate-hike The six-month Karachi Inter-bank Offered Rate (KIBOR), an equilibrium interest rate for a given tenor at which banks... Published 28 Nov, 2022 11:21pm
Markets Rupee largely stable, settles at 223.95 against US dollar Depreciates Re0.01 in inter-bank market on Monday Updated 28 Nov, 2022 10:23pm
Markets KSE-100 plummets 2% as market reacts to 'surprise' rate hike Selling pressure was witnessed across-the-board as participants looked to reduce equity exposure after SBP raised the key interest rate by 100bps Updated 28 Nov, 2022 06:11pm
Markets Analysts perplexed as SBP hikes key interest rate to 16% — highest since 1998-99 Some say SBP's comments on demand compression and raising policy rate are in contradiction Updated 25 Nov, 2022 08:52pm
Markets SBP raises key interest rate by 100bps, takes it to 16% MPC says decision reflects view that inflationary pressures have proven to be stronger and more persistent than expected Majority of market participants had anticipated central bank to maintain key policy rate Updated 25 Nov, 2022 08:52pm
Markets Rupee largely stable, settles at 223.94 against US dollar Depreciates 0.01% in inter-bank market on Friday Updated 25 Nov, 2022 09:01pm
Print Monetary policy to be announced on Friday KARACHI: The meeting of the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will be held on... Updated 23 Nov, 2022 09:31am
Business & Finance Monetary Policy Committee to meet on November 25, says SBP SBP will issue the Monetary Policy Statement through a press release on the same day Published 22 Nov, 2022 05:37pm
Business & Finance Monetary policy: market expects no change in key interest rate SBP is currently scheduled to announce monetary policy on Nov 25 (Friday) Updated 17 Nov, 2022 09:25pm
Markets CPI-based inflation jumps in October, clocks in at 26.6% CPI inflation in rural areas clocked in at 29.5% on a year-on-year basis Brokerage house says reading in line with market expectation Updated 01 Nov, 2022 07:16pm
Pakistan Dar optimistic Pakistan's economic growth can surpass 3% in FY23 Central bank had projected growth to decline to 2% in FY23, amid devastation induced by flash floods Updated 19 Oct, 2022 05:27pm
Opinion Money market and debt management Money market has been behaving quite unusually. The standard theory suggests the yield curve on the bills and bonds... Published 12 Oct, 2022 05:46am
Markets 13th straight gain: Rupee continues to appreciate against US dollar Cumulatively, rupee has appreciated Rs21.91 or 10.1% against the US dollar in the past thirteen sessions Updated 11 Oct, 2022 06:06pm
Print SBP forecasts high inflation, weak growth Maintains key policy rate at 15pc Updated 11 Oct, 2022 10:03am
Business & Finance Pakistan's economic growth to decline to 2% amid flash floods: SBP The current account deficit is likely to be muted in FY23, said MPC Published 10 Oct, 2022 05:25pm
Business & Finance Monetary policy: SBP maintains status quo, keeps key interest rate unchanged at 15% The central bank has kept policy rate unchanged since July 7, 2022 Updated 10 Oct, 2022 09:13pm