Trends - State Bank of Pakistan

Business & Finance

RDA inflows surge to $5.811bn

KARACHI: Inflows under Roshan Digital Accounts (RDA) maintained an upward momentum, rising to $5.8 billion since its...

Published 09 Mar, 2023 06:23am

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Overnight Reverse Repo (Ceiling) rate fixed at 21pc

KARACHI: As the State Bank of Pakistan (SBP) has decided to increase “Policy Rate” (Target Rate) from 17 percent...

Updated 03 Mar, 2023 09:00am

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SBP decides to convene emergent MPC meeting this week

KARACHI: The State Bank of Pakistan (SBP) has decided to convene an emergency meeting of the Monetary Policy...

Updated 28 Feb, 2023 09:39am

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SBP injects Rs1.8trn into market

KARACHI: The State Bank of Pakistan (SBP) on Friday injected Rs1.8 trillion into the market to provide liquidity to...

Updated 25 Feb, 2023 01:27pm

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$700m Chinese loan lands in SBP account

KARACHI: The country has received inflows amounting to $700 million from China to build the sliding foreign exchange...

Updated 25 Feb, 2023 09:01am

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Debt, liabilities rise to historical-level of Rs63.9trn

KARACHI: The country’s total debt and liabilities rose to a historical level of Rs 63.9 trillion at the end of the...

Updated 17 Feb, 2023 08:48am

Business & Finance

Forex reserves move up by $162m

KARACHI: The country’s total liquid foreign exchange reserves rose by $162 million during the last week. ...

Updated 17 Feb, 2023 06:38am

Technology

Pakistani fintech AdalFi raises $7.5mn to tackle lending challenges

KARACHI: Pakistani digital lending platform AdalFi said on Thursday it has raised $7.5 million in funding, the first...

Updated 16 Feb, 2023 03:15pm

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SBP takes steps aimed at timely realisation of export proceeds

Has decided to initiate necessary action in all those cases where full export proceeds are not realized within prescribed time period as defined Foreign Exchange Manual

Updated 15 Feb, 2023 12:34pm

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Monthly remittances slip below $2bn

KARACHI: Monthly inflows of home remittances reached below the $2 billion mark in January 2023 for the first time in...

Updated 14 Feb, 2023 09:06am

Business & Finance

Newly licensed digital banks promise greater financial inclusion

KARACHI: The digital banks recently licensed by the State Bank of Pakistan to operate in the country have promised...

Published 09 Feb, 2023 07:10am

Pakistan

SBP opens quake relief fund account

KARACHI: The State Bank of Pakistan (SBP) has announced to open “Prime Minister’s Türkiye Earthquake Relief ...

Published 09 Feb, 2023 06:52am

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SBP says curbing inflation critical to achieving growth

KARACHI: The State Bank of Pakistan (SBP) believed that curbing inflation is essential for ensuring sustainable...

Updated 31 Jan, 2023 09:00am

Business & Finance

SBP orders dealers to facilitate IT, ITeS exporters

ISLAMABAD: The State Bank of Pakistan has directed authorised dealers to swiftly facilitate IT and ITeS exporters,...

Published 31 Jan, 2023 06:01am

Business & Finance

PBC satisfied with SBP’s steps aimed at managing liquidity

KARACHI: A Pakistan Business Council (PBC) delegation, led by its Chairman Muhammad Aurangzeb met the Governor of ...

Published 31 Jan, 2023 06:01am

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SBP denies USD rate capping caused loss

KARACHI: The State Bank of Pakistan (SBP) on Sunday rebutted the claim or reports that capping the price of dollar...

Updated 30 Jan, 2023 09:24am

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SBP officials, ECAP leaders discuss USD supply

KARACHI: The State Bank of Pakistan (SBP) has assured dollar supply against export of other currencies to exchange...

Updated 26 Jan, 2023 10:46am

Business & Finance

SBP notifies increased rates of return on NPC

KARACHI: Following the directives of the federal government, the State Bank of Pakistan (SBP) has notified increase...

Published 25 Jan, 2023 07:07am

Business & Finance

SBP suspends authorisation of 11 outlets of 8 ECs

KARACHI: The State Bank of Pakistan (SBP) has suspended, with immediate effect, the authorisation of 11 outlets of...

Published 24 Jan, 2023 07:05am

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Policy rate hiked to 17pc to rein in soaring inflation

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) Monday increased the key policy ...

Updated 24 Jan, 2023 09:05am

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LC issue: PALSP threatens to shut down steel units

ISLAMABAD: The documented steel sector will be forced to close down its units for an indefinite period in case the...

Updated 23 Jan, 2023 09:18am

Editorials

Inflation and lower output

EDITORIAL: A former Finance Minister, Dr Hafiz A. Pasha, while addressing the members of Pakistan Industrial and...

Published 23 Jan, 2023 05:57am

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SBP may hike rates by another 100bps to tame inflation

KARACHI: State Bank looks set to raise its key policy rate by 100 basis points to 17% at its review on Monday as it...

Updated 20 Jan, 2023 08:44am

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Dollar manipulation: SBP concludes probe

KARACHI: The State Bank of Pakistan (SBP) has completed the investigation against private banks allegedly involved...

Updated 19 Jan, 2023 11:19am

Business & Finance

UAE has rolled over $2bn loan: SBP governor

KARACHI: Governor State Bank of Pakistan (SBP) Jameel Ahmad on Wednesday said that the UAE has rolled over $2...

Updated 19 Jan, 2023 07:41am

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Forex: industry makes prudent move

ISLAMABAD: The country’s struggling industry has sought government’s nod to use foreign exchange (dollars)...

Updated 19 Jan, 2023 08:40am

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FDI plunges 59pc during HIFY23

KARACHI: The Foreign Direct Investment (FDI) into the country remained on a downward trend and fell by 59 percent...

Updated 19 Jan, 2023 08:41am

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C/A deficit dips 60pc in H1FY23 on lower imports

KARACHI: The country’s current account deficit declined sharply 60 percent during the first half of this fiscal year...

Updated 19 Jan, 2023 08:42am

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Countries lacking banking channels: ECC approves B2B barter trade mechanism

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved business-to-business (B2B) barter...

Updated 19 Jan, 2023 08:43am

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World Bank delays approval of $1.1bn loans for Pakistan

ISLAMABAD: The World Bank has delayed the approval of two loans for Pakistan worth $1.1 billion until the next...

Updated 19 Jan, 2023 12:24pm