SBP-held foreign exchange reserves fall $32mn, now stand at $8.15bn Reserves decrease on account of debt repayments Published 03 Aug, 2023 07:35pm
BR Research Bad vibes only Sounding rather pleased with itself, in its latest statement of the Monetary Policy Committee (MPC), the SBP... Published 03 Aug, 2023 08:51am
Pakistan Plight of small farmers of Balochistan, Sindh: FIO praises President for showing empathy, understanding LAHORE: President Dr Arif Alvi and Federal Insurance Ombudsman (FIO) Dr Khawar Jamil ensured the extension of crop... Published 03 Aug, 2023 05:54am
BR Research Is the formal sector shrinking? During the post MPC briefing by the SBP earlier this week, the central bank governor noted that the full... Published 02 Aug, 2023 08:22am
Print SBP bifurcates ‘BC&CPD’ into two separate depts KARACHI: The State Bank of Pakistan (SBP) has announced bifurcation of the Banking Conduct & Consumer Protection... Updated 02 Aug, 2023 09:08am
BR Research MPC surprise SBP has kept the interest rates unchanged at 22 percent. That was a surprise for a few, as the general expectations... Published 01 Aug, 2023 08:29am
Print Purchase of USD for card payments facility extended by 5 months KARACHI: The State Bank of Pakistan (SBP) has decided to extend settlement of card-based cross-border transactions... Updated 01 Aug, 2023 09:39am
Business & Finance Policy rate kept unchanged as economic uncertainty ebbs KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to keep the policy rate... Published 01 Aug, 2023 06:19am
Pakistan SBP keeps key policy rate unchanged at 22% Governor Jameel Ahmad announces Monetary Policy Committee's decision in press conference Updated 31 Jul, 2023 06:43pm
Business & Finance Further jump in key policy rate to deepen economic crisis: BMP LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) has warned the... Published 31 Jul, 2023 06:58am
Opinion Restoring investor confidence key challenge Taming the inflation monster is turning out to be a challenge at a time when many analysts were expecting the... Published 31 Jul, 2023 06:43am
Print Dar informs Senate: Forex reserves rise to around $14bn ISLAMABAD: Finance, Revenue Minister Ishaq Dar claimed in the Senate on Sunday that Pakistan’s foreign exchange... Updated 31 Jul, 2023 08:35am
Opinion ‘Heat economic policy’ It is, indeed, important that Pakistan should continue to deal with its macroeconomic and growth challenges of the... Published 28 Jul, 2023 03:03am
Print MPS on Monday: Analysts give mixed views on policy rate KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will meet on Monday (July 31) to... Updated 28 Jul, 2023 02:40pm
Markets SBP-held foreign exchange reserves fall $541mn, stand at $8.19bn Reserves fall on weekly basis due to due to external debt repayments, says central bank Updated 27 Jul, 2023 10:49pm
Business & Finance Enforcement action: SBP imposes over Rs350mn in penalties on six banks Enforcement actions come during quarter ended June 30, 2023 Updated 27 Jul, 2023 03:18pm
Markets Back-to-back gains: rupee settles at 286.45 against US dollar Currency appreciates 0.21% in inter-bank market Updated 27 Jul, 2023 08:56pm
BR Research Foreign bill discounting: good times are coming? A raw material shortfall, exorbitant energy prices, liquidity squeeze, high interest rates, and catering global... Published 27 Jul, 2023 06:28am
Business & Finance BankIslami appoints Rizwan Ata President, CEO KARACHI: The Board of Directors of BankIslami Pakistan Limited has appointed Rizwan Ata, as President and CEO... Published 27 Jul, 2023 06:26am
Print Policy continuation, forex financing a must for growth ISLAMABAD: The Finance Division has stated that prudent and effective economic decisions, political and economic... Updated 27 Jul, 2023 09:10am
Business & Finance Foreign investors: Repatriation of profit, dividend dives to 18-year low KARACHI: The repatriation of profit and dividend by foreign investors plunged by 80 percent, ie, to 18 years lowest... Updated 27 Jul, 2023 10:01am
Business & Finance Interbank, open market: Import of cash USD to help narrow rate differences: expert KARACHI: The permission of import of cash US dollars by Exchange Companies (ECs) will increase the dollar inflows... Updated 27 Jul, 2023 09:23am
Print Budgetary support: Govt borrows Rs500bn from banks in 2 weeks: SBP Says federal government's borrowing for budgetary support rose by 218 percent during the initial two weeks of this fiscal year Updated 26 Jul, 2023 01:00pm
Print ECs can import dollars in cash through cargo or security companies KARACHI: The State Bank of Pakistan (SBP) Tuesday night allowed the Exchange Companies import of cash US dollars... Updated 26 Jul, 2023 04:21pm
Opinion Managing the BoP The balance of payments (BoP) figures for the full-year, 2022-23, have just been released by the SBP. They reflect... Updated 25 Jul, 2023 06:52am
Business & Finance KCCI urges SBP to take notice of banks’ denial to issue LCs KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Mohammed Tariq Yousuf, while referring to deep... Published 25 Jul, 2023 06:20am
Business & Finance Bank holidays KARACHI: The State Bank of Pakistan (SBP) will remain closed from 28th to 29th July, 2023 (Friday to Saturday) being... Published 25 Jul, 2023 06:20am
BR Research IT exports stagnating Growing in double digits for the last six years (FY17-FY22), the IT exports of the country took a backseat in FY23... Published 24 Jul, 2023 08:43am
Opinion The indictment of monetary policy The Stand-By Arrangement (SBA) documents uploaded on the International Monetary Fund (IMF) website this Tuesday ... Published 24 Jul, 2023 06:11am
Business & Finance PCMEA delegation calls on SBP deputy governor LAHORE: A delegation of Pakistan Carpet Manufacturers and Exporters Association (PCMEA) called on the Deputy ... Published 24 Jul, 2023 06:11am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?