SBP-held forex reserves down $415mn due to external debt repayment Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased $415 million on a weekly basis, ... Published 23 Dec, 2021 08:38pm
Markets Against USD: Pakistan's rupee registers marginal gain amid IMF announcement Closes at 178.12 in inter-bank market on Thursday Updated 23 Dec, 2021 07:01pm
Pakistan Sixth review to be presented to IMF board on Jan 12: Pakistan's finance ministry Development would bring some sense of clarity to the volatility-hit financial markets Updated 23 Dec, 2021 03:07pm
Opinion Broken record policy State Bank Governor Dr Reza Baqir must know something that a lot of other people do not. Not experts, analysts,... Published 23 Dec, 2021 04:23am
Print Nov banking spread inches down MoM KARACHI: The provisional banking spread during November 2021 inched down by 3bps compared to October. Overall,... Published 23 Dec, 2021 04:23am
Markets Against USD: Pakistan's rupee hits yet another low in inter-bank market Closes at its weakest level of 178.15 Updated 22 Dec, 2021 06:52pm
Business & Finance Baqir visits MCCI, speaks about significance of SMEs KARACHI: State Bank of Pakistan (SBP) Governor Dr Reza Baqir visited Multan Chamber of Commerce and Industry (MCCI)... Published 22 Dec, 2021 06:13am
Opinion The Hawala challenge There is a lot of talk and concern about Hawala business. The surge is not new; the gap widened soon after the... Published 22 Dec, 2021 06:13am
Business & Finance Auto financing in Pakistan reaches Rs349bn, but growth slows Auto financing in Pakistan maintained its upwards trajectory, reaching an all-time high at Rs349 billion in November... Published 21 Dec, 2021 05:34pm
Markets Against USD: Pakistan's rupee largely stable, closes at 178.05 in inter-bank market Also remains unchanged in open market Updated 21 Dec, 2021 08:21pm
Pakistan PTI govt to make $55bn debt payment during its tenure: Fawad Chaudhry Information minister draws comparison with previous PML-N govt Updated 21 Dec, 2021 05:41pm
Opinion The MPC projections The last meeting of the Monetary Policy Committee (MPC) of the SBP was held on the 14th of December 2021, after the... Published 21 Dec, 2021 04:14am
Print Agri credit disbursement: SBP sets Rs1.7trn target SBP Governor chairs annual meeting of the Agricultural Credit Advisory Committee (ACAC) in Multan Updated 21 Dec, 2021 09:57am
Print July-Nov: C/A deficit yawns to $7.1bn Karachi: The country’s current account posted over $7 billion deficit during the first five months of this fiscal... Updated 21 Dec, 2021 03:55pm
Print Pakistan, Russia to develop financial infrastructure ISLAMABAD: Pakistan and Russia have reportedly agreed to develop bilateral financial infrastructure through their... Updated 21 Dec, 2021 03:52pm
Business & Finance ‘Mini-budget’ to unleash another wave of inflation: PBF KARACHI: Vice President of Pakistan Businesses Forum (PBF) Ahmad Jawad has said that after new taxes in the proposed... Published 21 Dec, 2021 04:14am
Markets Against USD: Pakistan's rupee stable amid SBP measures to curb speculation Gains value against major currencies in open market Updated 20 Dec, 2021 06:18pm
Print Purchase of forex by individuals: SBP fixes $100,000 per person per year maximum limit KARACHI: The State Bank Pakistan (SBP) has fixed a maximum limit of $100,000 (or equivalent in other foreign... Updated 20 Dec, 2021 10:14am
Markets PKR continues to depreciate against $ KARACHI: The rupee continued to depreciate against the US dollar last week, although the fall was less dramatic than... Published 20 Dec, 2021 06:29am
Opinion Policy rate: ‘boldest’ hike in Asia Dr Reza Baqir, Governor State Bank of Pakistan (SBP), during his interview to Bloomberg on 17 December stated that... Published 20 Dec, 2021 06:29am
Print BPRD issues: SBP implements ‘RAS’ for submission of letters, proposals KARACHI: The State Bank of Pakistan (SBP) has announced implementation of Regulatory Approval System (RAS) for... Updated 19 Dec, 2021 10:36am
Markets 'IMF programme approval to reduce uncertainty in Pakistan's financial markets' Approval of the International Monetary Fund (IMF) agreement reached with the Pakistani authorities would bring in... Published 18 Dec, 2021 05:09pm
Print Jul-Nov FDI grows 12pc YoY KARACHI: Foreign Direct Investment (FDI) posted 12 percent growth during the first five months of this fiscal year... Updated 18 Dec, 2021 10:02am
Markets July-November: FDI up 12% year-on-year, clocks in at $798 million On a monthly basis, FDI drops 39% in November 2021 Published 17 Dec, 2021 02:55pm
Markets SBP to take a 'pause' after string of interest-rate hikes, says Dr Reza Baqir Central bank governor says will first look at the effects of the tightening that we have already done Updated 17 Dec, 2021 02:34pm
BR Research Banks and SBP go head-to-head The SBP and commercial banks are heads on. SBP through its policy decision and communication attempted to cool off... Published 17 Dec, 2021 08:05am
Pakistan Forex reserves down $123m KARACHI: The country’s total liquid foreign exchange reserves declined by $123 million during the last week.... Published 17 Dec, 2021 04:30am
Opinion Macroeconomic choices for 2022 State Bank of Pakistan (SBP) increased policy rate by 1 percent (100 basis points) to 9.75 percent. This is the... Published 17 Dec, 2021 04:30am
Business & Finance Branchless banking: AMA scheme to play crucial role in reaching out to low-income segments ISLAMABAD: The Asaan Mobile Account (AMA) scheme - developed under the national financial inclusion strategy will... Published 17 Dec, 2021 04:30am
Business & Finance SAI criticises 100bps rise in interest rate KARACHI: President Site Association of Industry (SAI), Abdul Rasheed has rejected further 100 bps rise in interest... Published 17 Dec, 2021 04:30am