Thursday, July 7, 2022
Tags SBP

Tag: SBP

National

SBP files appeal against FSC verdict on Shariah-compliant banking

News Desk - 0
Commercial banks and their regulator, State Bank of Pakistan (SBP), have filed an appeal before the Sup­reme Court challenging the Federal Shariat Court (FSC)...
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Business

SBP denies forex reserves drying up

News Desk - 0
The State Bank of Pakistan (SBP) on Tuesday rebutted rumours that its liquid foreign exchange reserves of $8.9 billion have not dried up and...
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Business

Petroleum import bill doubles YoY in April: SBP

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The import bill of the petroleum group for the month of April 2022 ballooned by 96 percent YoY to stand at $1.8 billion while...
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Business

SBP hikes policy rate by 150 basis points to 13.75%

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The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Monday raised the policy rate by 150 basis points (bps) to...
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Business

Hike in interest rate likely as SBP set to announce monetary policy

News Desk - 0
With the central bank gearing up to announce the monetary policy next week, analysts predict the State Bank of Pakistan (SBP) is likely to...
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Business

FDI falls sharply in 10 months of current fiscal

News Desk - 0
Foreign Direct Investment (FDI) in the first 10 months of 2021-22 went down 1.6 percent on a year-on-year basis to $1.45 billion, according to...
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Business

Forex reserves fall to $10.49 billion

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The foreign exchange reserves held by the central bank decreased 0.56 percent on a weekly basis, according to data released by the State Bank...
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Business

Current account deficit doubled in March, SBP data shows

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The country’s current account deficit almost doubled in March to $1 billion compared to the preceding month, taking the total gap during the first...
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Business

Pak rupee strengthens against US dollar

News Desk - 0
The rupee strengthened against the US dollar at Rs181.69 in the inter-bank market on Thursday compared with Tuesday’s close of Rs181.82, according to the...
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Business

Hike in interest rate by SBP draws criticism

News Desk - 0
The rec­ent decision of the State Bank of Pakistan (SBP) to increase the interest rate has received widespread condemnation from the business community and...
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