Tags CENTRAL BANK

Tag: cENTRAL BANK

Pakistan to issue Panda bond next year

The government of Pakistan will be issuing a renminbi-denominated debt instrument called the Panda bond by March of next year. According to the director-general for...

New Low: Rupee falls to 171 against US dollar

Pakistani rupee continued its downward trend on Tuesday as it fell to its lowest ever closing at Rs171 against the greenback in the inter-bank...

SBP introduces regulations to curtail foreign currency outflow

The central bank has implemented new regulatory policies in order to curtail the outflow of foreign currency as well as to promote transparency in...

Pakistan’s out-of-control trade deficit jumps to $11.7Bn

Pakistan’s trade deficit rose by 100% during the first quarter of the ongoing fiscal year. The country experienced an exceptional surge in its imports...

Rupee drops to a record low of Rs169.60

Pakistani rupee dropped to a record low at Rs169.60 against the US dollar on Monday in the inter-bank market. The drop comes about in...

Hike in policy rate; good news for the banking sector

The State Bank of Pakistan (SBP) hiked the policy rate on Monday by 25bps taking the benchmark policy rate to 7.25% from being 7%...

Pakistan hits record high power production levels

Pakistan achieved a record high power production level in a month at 16,078 Gigawatt hours (GWh) during the month of August. An analyst at...

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