SBP increases key interest rate by 125 basis points, takes it to 15% This is the highest interest-rate level since Nov 2008 Updated 07 Jul, 2022 05:51pm
Business & Finance 11MFY22: Govt debt jumps 15.7% to Rs44.64tr The federal government’s total debt (domestic and external) stocks rose by 15.7% during the eleven months of the... Published 07 Jul, 2022 03:24pm
Business & Finance SBP says banks/MFBs to keep selected branches open on Friday The State Bank of Pakistan (SBP) on Thursday said that banks and microfinance banks (MFBs) will arrange to keep open... Published 07 Jul, 2022 02:36pm
Print ADs told to get permission: SBP updates list of items for import transactions KARACHI: The State Bank of Pakistan (SBP) has updated the list of items for which banks are required to obtain prior... Updated 07 Jul, 2022 09:32am
Business & Finance SBP’s online portal to facilitate EMIs, PSOs, PSPs KARACHI: In order to promote digitalization and encourage eco-friendly practices, the State Bank of Pakistan (SBP)... Updated 07 Jul, 2022 11:11am
Editorials There’s no out-of-the-box thinking EDITORIAL: The budget 2022-23 envisages higher revenue by about a trillion rupees compared to the year before, with... Published 07 Jul, 2022 05:35am
Business & Finance Implementation of IFRS 9: SBP issues final instructions KARACHI: The State Bank of Pakistan (SBP) has issued final instructions for implementation of the International... Published 07 Jul, 2022 05:35am
Opinion Should the SBP hike interest rates again? The State Bank of Pakistan (SBP) is due to announce its next monetary policy statement (MPS) on July 7th, 2022.... Published 06 Jul, 2022 05:35am
Markets CPHGC seeks funds for procurement of Afghan coal ISLAMABAD: The China Power Hub Generation Company (Pvt.) Ltd (CPHGC) has sought the required funds for import of... Updated 06 Jul, 2022 10:18am
Print MPS tomorrow: Key policy rate likely to be hiked by 100bps KARACHI: The Monetary Policy Committee (MPC) of the State Bank Pakistan (SBP) will unveil monetary policy on July 7,... Updated 06 Jul, 2022 10:16am
Business & Finance RDA inflows hit historic high of $4.6bn KARACHI: Inflows of Roshan Digital Account (RDA) continued to post healthy growth, reaching historic level of $4.6... Updated 06 Jul, 2022 10:05am
Business & Finance With inflation running high, majority expects SBP to hike key interest rate by at least 100bps ISLAMABAD: The State Bank of Pakistan's (SBP) Monetary Policy Committee (MPC) will meet on Thursday (July 7) with... Updated 05 Jul, 2022 05:25pm
Markets Roshan Digital Accounts: inflow clocks in at $250mn in June, up 32% month-on-month Cumulative inflow reaches $4.606 billion in 22 months since start of programme SBP says $800mn repatriated by RDA holders during this period Updated 05 Jul, 2022 08:00pm
Opinion The 2022-23 Annual Plan The Annual Plan for 2022-23 has been presented by the Planning Commission. This plan comes at a critical time when... Published 05 Jul, 2022 05:19am
Business & Finance Bank holidays KARACHI: The State Bank of Pakistan (SBP) will remain closed from 8th to 12th July, 2022 (Friday to Tuesday) being... Updated 05 Jul, 2022 09:46am
Business & Finance Islamic banking industry: SBP adopts more AAOIFI Shariah Standards KARACHI: The State Bank of Pakistan (SBP) has adopted four more Accounting and Auditing Organization for Islamic... Published 05 Jul, 2022 05:19am
Print Imports from Afghanistan: Govt likely to amend Import Policy Order ISLAMABAD: The federal government is likely to amend Import Policy Order (IPO) aimed at allowing imports of goods of... Updated 05 Jul, 2022 09:51am
BR Research Record-breaking inflation The inflation was expected to remain high, and still, it beat all expectations. Market was anticipating 18-20... Updated 04 Jul, 2022 11:14am
Business & Finance U Microfinance Bank Limited: Successful closure of additional Tier-1 Capital Instrument TFC of Rs 1,000,000,000 ISLAMABAD: U Microfinance Bank Limited is pleased to announce the successful closure of its Fully Paid up, Rated,... Published 04 Jul, 2022 07:50am
Markets PKR makes gains KARACHI: The rupee ended the previous week with a 1.3% gain against the US dollar in the inter-bank market as... Published 04 Jul, 2022 06:17am
Business & Finance SBP’s initiatives for agri-financing lauded KARACHI: SBP’s various initiatives for promotion and development of agriculture financing in the country is highly... Published 03 Jul, 2022 06:40am
Print Payment of Sinosure fees: PPIB requests SBP to make forex available to PMLTC ISLAMABAD: Private Power & Infrastructure Board (PPIB) has requested the State Bank of Pakistan (SBP) to make... Updated 03 Jul, 2022 09:42am
Business & Finance Global money transfers: ECs to deduct tax on payment of fee to operators ISLAMABAD: Every exchange company licensed by the State Bank of Pakistan (SBP) shall deduct tax at the time of ... Updated 02 Jul, 2022 09:34am
Business & Finance Monetary policy: majority expects at least 100bps hike as inflation highest since Dec 2008 Monetary Policy Committee of the State Bank of Pakistan (SBP) is currently scheduled to meet on July 7 (Thursday) Published 01 Jul, 2022 07:15pm
Business & Finance HBL, SBP host 2nd RACC meeting in Quetta QUETTA: HBL as a designated champion bank for Balochistan hosted the second meeting of the Regional Agricultural... Published 01 Jul, 2022 07:39am
Editorials Amendments to the finance bill EDITORIAL: Finance bill 2022 moved by Minister of State for Finance Dr Ayesha Ghous Pasha, with tax amendments... Published 01 Jul, 2022 06:13am
Print PMKJ-YES, MPMG: SBP directs banks to stop fresh disbursements KARACHI: Following the directives of the federal government, the State Bank of Pakistan (SBP) on Thursday night ... Updated 01 Jul, 2022 11:04am
Print Forex reserves soar on $2bn Chinese inflows Country’s reserves were constantly on decline due to scheduled external debt servicing and financing of current account deficit Updated 01 Jul, 2022 09:45am
Business & Finance 91pc of merchandise trade deficit financed by remittances in 10 years: SBP LAHORE: Acting Governor of the State Bank of Pakistan Dr Murtaza Syed on Thursday said that over the past 10 years,... Updated 01 Jul, 2022 11:14am
Markets SBP-held foreign exchange reserves go over $10bn after Chinese loan Total liquid foreign reserves held by the country stood at $16.2bn as of Jun 24, says central bank Published 30 Jun, 2022 07:53pm