Acting governor of SBP explains criticality of IMF programme Dr Murtaza Syed inaugurates the Roshan Pension Plan to augment the lifestyle banking services available under the State Bank’s Roshan Digital Account initiative for overseas Pakistanis Updated 15 Aug, 2022 10:24am
Print High interest rate, delay in LCs opening hurting steel industry KARACHI: The country’s steel industry is facing a serious crisis due to higher interest rate and delay in opening... Updated 15 Aug, 2022 10:32am
Business & Finance SBP allows opening of ‘Asaan Mobile Account’ Pakistan Telecommunication Authority will provide technical assistance for the initiative Updated 14 Aug, 2022 02:49pm
Pakistan MPMG scheme with revised features by month-end: SBP official Govt decides to revise features of MPMG scheme in light of changed macroeconomic situation Updated 13 Aug, 2022 12:18pm
Business & Finance Former FPCCI chief concerned over low level of forex reserves LAHORE: As the foreign exchange reserves of the central bank have fallen to the critical level of $8.39 billion due... Published 13 Aug, 2022 05:21am
Print Second quarterly (Oct-Dec FY22) report issued: SBP terms PPD vital tool for economic growth Urges increase in public-private collaboration in planning, implementation of economic reforms Updated 13 Aug, 2022 09:21am
Print Maersk suspends C&F export shipments’ bookings Bookings to remain suspended until remittances restrictions by SBP are relaxed Updated 13 Aug, 2022 09:50am
Print Verification of refinance claims under EFS automated It will enhance efficiency of refinance operations, improve exporters’ access to liquidity Updated 13 Aug, 2022 09:35am
Print ‘Economic recovery continues despite challenges’ Healthy revenue growth, improved manufacturing and agricultural output boost growth Updated 13 Aug, 2022 09:27am
Business & Finance Maersk temporarily suspends C&F export bookings from Pakistan Says export bookings on FOB to continue as usual Updated 12 Aug, 2022 10:09pm
Business & Finance Upcoming monetary policy: majority polled expect no change in key interest rate Poll conducted by Topline Securities says 56% of participants saw status quo prevailing in announcement scheduled for August 22 Updated 13 Aug, 2022 11:54am
Markets Rupee extends gains, closes at 215.49 against US dollar Appreciates another 1.57% in inter-bank market on Friday This is the currency's ninth successive gain against the US dollar Updated 12 Aug, 2022 07:11pm
Print Purchase of coal: CPHGC seeks Rs167bn from govt Govt turns to South African coal as supply from Afghanistan is considerably less than agreed quantity Updated 12 Aug, 2022 09:15am
Business & Finance Debt servicing: Forex reserves fall by over $2bn in 5 weeks Total liquid foreign exchange reserves plunge to $13.56 billion Updated 12 Aug, 2022 10:31am
Print Clearance of import shipments at Karachi Port: Computer industry concerned at inordinate delay ISLAMABAD: The computer industry has expressed serious concern over the delay in clearance of imported shipment of ... Updated 12 Aug, 2022 10:40am
Editorials Inflation and policy rate EDITORIAL: Murtaza Syed, Acting Governor State Bank of Pakistan, in an interview with a local media outlet, conceded... Updated 12 Aug, 2022 06:05am
Markets Critical: SBP-held foreign exchange reserves fall $555mn, now stand at $7.83bn Decrease due to external debt repayments, which are expected to moderate during the next three weeks of this month, says central bank Published 11 Aug, 2022 08:27pm
Markets 8th successive gain: Rupee closes at 218.88 against US dollar Currency continues to appreciate in inter-bank market over expected inflows and lower oil prices Updated 11 Aug, 2022 08:16pm
Opinion Prospects brighten for shipping sector? Growth or development has not come to Pakistan’s shipping sector naturally. In fact, for a large chunk of its... Published 11 Aug, 2022 04:35am
Opinion Economic indicators in July 2022 The first month of 2022-23 which has just come to an end presents a mixed picture. Perhaps the most positive... Published 11 Aug, 2022 04:35am
Opinion FY2023: An auspicious start Around mid-July, Pak-istan witnessed most volatile conditions in the forex market. Political turmoil, delays in... Published 11 Aug, 2022 04:35am
Business & Finance Asaan Mobile Account platform: SBP unveils media drive in collaboration with PTA, UK’s FCDO Karachi: The State Bank of Pakistan (SBP), in collaboration with Pakistan Telecommunication Authority (PTA) and... Published 11 Aug, 2022 04:35am
Business & Finance Rs 466.5bn raised via auction for MTBs KARACHI: The federal government on Wednesday raised Rs 466.5 billion from the domestic banking system through the... Published 11 Aug, 2022 04:35am
Editorials Better late than never EDITORIAL: It turns out that repeated assurances from the State Bank of Pakistan (SBP) and finance ministry were on... Published 11 Aug, 2022 04:35am
Print Restrictions imposed by SBP: PHMA seeks Miftah’s intervention ISLAMABAD: Pakistan Hosiery Manufacturers and Exporters Association (PHMA) has sought Finance Minister Miftah... Updated 11 Aug, 2022 11:33am
Print Foreign donor-assisted projects: MoF revises accounting procedure for revolving fund accounts ISLAMABAD: The Ministry of Finance has revised accounting procedure for revolving fund accounts (foreign aid... Updated 11 Aug, 2022 09:42am
Business & Finance SBP allows NRPs to contribute to pension funds Some amendments have been made in instructions regarding NRP Rupee Value Account for contribution in units of Authorized Pension Funds Updated 09 Aug, 2022 03:26pm
Print FY23 CAD will likely present a pleasant prospect Experts expect it to clock in at $8.7 billion or 2.3% of GDP Updated 09 Aug, 2022 09:24am
Business & Finance Banks to issue Proceeds Realisation Certificates electronically Banks will also issue S-PRCs electronically to their customers, mentioning all remittances received by them from abroad during the year Updated 07 Aug, 2022 10:17am
Opinion Monetary policy: chasing vs targeting inflation The statement from Dr. Murtaza Syed, Acting Governor the SBP (State Bank of Pakistan) that monetary policy ‘will... Published 07 Aug, 2022 05:41am
