Trends - State Bank of Pakistan

Markets

Pakistan to repay $1bn bond early: SBP governor Jameel Ahmad

There has been growing uncertainty about the ability of Pakistan to meet external financing obligations with the country in the midst of an economic crisis and recovering from devastating floods

Updated 25 Nov, 2022 08:18pm

Markets

What do SBP’s forex control measures mean for travelers

The State Bank of Pakistan (SBP) on Tuesday revised a number of measures to curtail the outflow of foreign currency...

Published 09 Nov, 2022 07:58pm

Business & Finance

SBP’s reserves up $1.5bn on ADB inflows

KARACHI: The State Bank of Pakistan’s foreign exchange reserves rose by $1.5 billion during last week due to...

Published 04 Nov, 2022 06:08am

Business & Finance

SBP approves BankIslami sponsor shareholders

KARACHI: The State Bank of Pakistan (SBP) has granted its approval to Ahmed Goolam Mohamed Randeree and Shabir Ahmed...

Updated 29 Oct, 2022 12:33pm

Print

Violation of regulatory instructions: SBP imposes Rs290.363m penalty on six banks

KARACHI: The State Bank of Pakistan (SBP) has imposed financial penalty of Rs 290.363 million on 6 banks for...

Published 29 Oct, 2022 05:55am

Markets

SBP-held forex reserves fall $157mn to stand at $7.44bn, ADB's loan to be reflected next week

Net foreign reserves held by commercial banks amount to $5.72bn, taking country's total reserves' position to $13.16bn

Published 27 Oct, 2022 08:24pm

Pakistan

Forex boost: SBP receives $1.5bn from ADB, says Dar

Funds part of ADB's response package to support Pakistan in the wake of recent floods

Updated 26 Oct, 2022 08:55pm

Business & Finance

Monetary policy: SBP maintains status quo, keeps key interest rate unchanged at 15%

The central bank has kept policy rate unchanged since July 7, 2022

Updated 10 Oct, 2022 09:13pm

Pakistan

SBP to soon complete probe into alleged forex manipulation by banks: spokesperson

Investigations are being carried out by the regulator and results might come soon, says Abid Qamar

Published 05 Oct, 2022 07:52pm

Markets

'Serious violations': SBP suspends authorisation of two currency exchange companies for 3 months

Central bank advises both firms to strengthen internal control functions, submit report of corrective measures

Published 13 Sep, 2022 05:46pm

Business & Finance

Former SBP governor Dr Reza Baqir appointed Senior Fellow at Harvard Kennedy School

Will focus on improving global frameworks for resolving sovereign debt crises

Published 13 Sep, 2022 11:38am

Markets

SBP-held foreign exchange reserves increase to $8.8bn after inflow from IMF

Central bank says it received $ 1.166bn under EFF programme

Updated 08 Sep, 2022 08:12pm

Markets

SBP, Zameen.com sign MoU as central bank moves to utilise real estate data

Data from real estate portal will be used to analyse house prices, develop related indices and use information in its publications, working papers and reports

Updated 06 Sep, 2022 06:59pm

Business & Finance

Diamond jubilee celebrations: SBP introduces Rs75 commemorative banknote

Will be available for public issuance on September 30, 2022

Updated 14 Aug, 2022 08:28pm

Business & Finance

SBP penalises 3 banks Rs131mn over CDD/KYC, operational violations

JS Bank Limited slapped with biggest penalty of Rs85.148 million

Updated 03 Aug, 2022 12:01pm

Pakistan

Pakistan is absolutely going to make each and every payment: Miftah Ismail

Finance minister says everything is 'settled now', a statement that comes in backdrop of massive rupee depreciation and concerns over Pakistan's falling foreign exchange reserves

Updated 01 Aug, 2022 07:32pm

Markets

SBP discouraging inter-bank trade as Pakistan battles dollar shortage: report

The State Bank of Pakistan (SBP) is discouraging trading in the inter-bank market, asking commercial lenders to...

Updated 25 Jul, 2022 07:28pm

Business & Finance

Pakistan's financing needs fully met for this year, says SBP chief

Dr Murtaza Syed reiterates that 'unwarranted' market concerns about country's financial position will dissipate in weeks

Updated 23 Jul, 2022 09:01pm

Business & Finance

‘Investment opportunities in Pakistan’: BoP to hold roadshows in US

LAHORE: As part of its commitment to increase home remittance flows to Pakistan, and to increase the use of Roshan...

Published 18 Jul, 2022 06:22am

Business & Finance

Mera Pakistan Mera Ghar: Applicants in doubt as SBP looks for ‘line of action’ with govt

Thousands fear losing deposits after suspension of MPMG Scheme that put further disbursements on hold

Published 15 Jul, 2022 03:21pm

Markets

SBP-held foreign exchange reserves plunge again, now stand at $9.8bn

Decrease comes on account of external debt repayments, says central bank

Published 07 Jul, 2022 07:01pm

Business & Finance

Here is a look at SBP's previous monetary policy announcements

Central bank has raised interest rates by 675 basis points since September 2021, taking the key rate to its highest since 2011

Updated 07 Jul, 2022 04:38pm

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

Alarm bells: SBP-held foreign currency reserves fall to $9.72bn

Fall $366mn on a weekly basis due to external debt repayment
Total reserves held by country stand at $15.77 billion as of May 27

Published 02 Jun, 2022 08:47pm

BR Research

Just do it!

SBP has increased the policy rate by 150 bps to 13.75 percent. The gap between market rates and SBP policy rate is...

Published 24 May, 2022 08:31am

Markets

OctaFx, Easy Forex: SBP issues advisory against 'illegal offshore foreign exchange trading platforms'

Any person in Pakistan buying products or services of such offshore platforms and remitting foreign exchange directly or indirectly to them through any payment channel is making himself/herself liable to be proceeded against, warns SBP

Published 18 May, 2022 07:54pm