Forex reserves fall to $6.7bn on repayments KARACHI: The State Bank of Pakistan’s foreign exchange reserves decreased by $ 784 million to $6.715 billion during... Updated 09 Dec, 2022 09:22am
Print FX reserves may rise in H2FY23: All debt repayments on track, says SBP governor KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad Thursday said all debt repayments are on track and the... Updated 09 Dec, 2022 09:30am
Business & Finance FWCCI calls for simplification of documentation for bank loans FAISALABAD: Government programmes and finance schemes by State Bank of Pakistan to promote women entrepreneurship ... Published 09 Dec, 2022 05:58am
Markets Pakistan's debt repayment situation completely under control: SBP governor During SBP's podcast, Jameel Ahmad says all upcoming obligations will be met on schedule, reserves' position to improve in second half of ongoing fiscal year Updated 08 Dec, 2022 10:59pm
Markets SBP-held foreign exchange reserves fall $784mn, now stand precariously at $6.71bn SBP attributes decline to payment of $1,000 million against maturing Pakistan International Sukuk and some other external debt repayments This is the lowest level of SBP's reserves since January 2019 Published 08 Dec, 2022 08:01pm
Business & Finance Roshan Digital Account: monthly inflow lowest since Dec 2020, clocks in at $141mn in Nov Experts say decline in RDA inflows is attributed to central bank’s decision not to revise its rates offered on the USD-denominated NPCs Published 08 Dec, 2022 05:17pm
Markets Rupee continues to depreciate, settles at 224.37 against US dollar Currency depreciates 0.09% in inter-bank market Updated 08 Dec, 2022 09:17pm
Print Forex reserve levels attract PM’s attention Prime Minister's Office seeks a report from Finance Ministry on pending foreign exchange approvals from State Bank of Pakistan Updated 08 Dec, 2022 09:18am
Print Fiscal, monetary steps discussed ISLAMABAD: Finance Minster Senator Mohammad Ishaq Dar and State Bank of Pakistan (SBP) Governor Jameel Ahmad... Updated 08 Dec, 2022 09:15am
Editorials Textile exports left to wither EDITORIAL: It increasingly appears as if nothing is going right in Pakistan. At the time when every dollar inflow... Published 08 Dec, 2022 05:58am
Business & Finance Debt market web portal likely to be launched soon: SBP KARACHI: Governor State Bank of Pakistan (SBP) Jameel Ahmad on Tuesday said that the central bank is currently... Updated 07 Dec, 2022 11:55am
Markets Rupee remains under pressure, settles at 224.11 against US dollar Currency registers a decline of 0.09% in inter-bank market Updated 06 Dec, 2022 07:39pm
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
Business & Finance Banknotes of old design not exchangeable after 31st: SBP KARACHI: The State Bank of Pakistan (SBP) has announced that old design large size banknotes cannot be exchanged... Published 06 Dec, 2022 05:58am
Editorials Economic policy: lack of explicitness, clarity EDITORIAL: The difficulties faced by businesses in paying for goods and services continue to mount. Murmurings... Published 06 Dec, 2022 05:58am
Print Govt debt stocks hit historic high of Rs50.152trn KARACHI: The federal government’s total debt (domestic and external) stocks crossed the Rs 50 trillion mark by the... Updated 06 Dec, 2022 09:31am
Opinion Is default in prospect? The economy is closing in external payment ‘implied default’ situation. This means that with SBP’s (State Bank of... Published 05 Dec, 2022 06:13am
Opinion Inflation: the fault is in ourselves Inflation has reached politically untenable levels in the ongoing year, considerably higher than the high rates... Published 05 Dec, 2022 06:09am
Print Govt urges Turkiye to expedite TGA ISLAMABAD: Pakistan has reportedly requested Turkiye to expedite approvals of Trade in Goods Agreement (TGA) signed... Updated 05 Dec, 2022 09:57am
Business & Finance NOWPDP launches Center of Excellence for Financial Inclusion for persons with disabilities NOWPDP in association with the State Bank of Pakistan (SBP) and the banking sector launched the first ever Center of... Published 03 Dec, 2022 12:57pm
Business & Finance SBP repays $1bn bond before due date The State Bank of Pakistan (SBP) paid back $1 billion against Sukuk bonds on Friday, three days before its... Updated 03 Dec, 2022 01:21pm
Print KSA extends term for $3bn deposit in SBP KARACHI: Kingdom of Saudi Arabia (KSA) has extended term for a $3 billion deposit in the State Bank of Pakistan to... Published 03 Dec, 2022 06:30am
Pakistan Center for financial inclusion of PWDs launched KARACHI: Network Organization Working for People with Disabilities in Pakistan (NOWPDP) in association with the ... Published 03 Dec, 2022 05:51am
Business & Finance Smart, innovative digital financial services: SBP governor explains how banks can better serve business sector KARACHI: Jameel Ahmed, Governor of the State Bank of Pakistan (SBP) has said that banking system can better serve... Published 03 Dec, 2022 05:50am
Business & Finance Saudi Arabia extends term of $3bn deposit: SBP SBP says extension is continuation of support provided by Saudi Arabia to Pakistan Updated 02 Dec, 2022 08:46pm
Markets Rupee remains unchanged against US dollar Currency inches up 0.11% in inter-bank market on a weekly basis Updated 02 Dec, 2022 07:37pm
Business & Finance Google Play Store: Ministry agrees to online payment proposal ISLAMABAD: The Ministry of Finance has agreed to the proposal of Federal Minister for Information Technology and... Published 02 Dec, 2022 06:52am
Print Forex reserves fall $267m KARACHI: The country’s total liquid foreign exchange reserves fell $ 267 million during the last week because of... Published 02 Dec, 2022 06:31am
Business & Finance BoK, Faysal Bank partner to offer innovative digital payment services KARACHI: Faysal Bank Limited (FBL) and Bank of Khyber (BoK) have partnered to launch a suite of digital financial... Published 02 Dec, 2022 05:47am
Print No curbs on oil, LNG and POL products’ LCs: SBP KARACHI: The State Bank of Pakistan (SBP) has strongly rebutted placing any restriction on Letters of Credit (LCs)... Updated 02 Dec, 2022 09:47am