Friday, December 9, 2022
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Tag: SBP

Pharmaceutical companies warn of drug shortage in Pakistan

Medicine makers have warned the government of impending shortage of drugs as the State Bank (SBP) has refused to issue letters of credit (LCs)...

State Bank increases policy rate from by 100bps to 16pc

The State Bank of Pakistan (SBP) on Friday increased the policy rate by I percent from 15 to 16 percent, as it cited high...

No change likely in policy rate

A majority of market participants expect status quo in the key policy rate in the Monetary Policy Committee (MPC) meeting of the State Bank...

Forex reserves depleting, SBP data shows

Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) continued to fall for the third week in a row, declining by...

Speculations rife as SBP getting ready to announce policy rate today

Pakistan’s central bank is scheduled to announce its key policy rate for the next seven weeks on Monday. A majority of pundits have developed...

Coalition govt adds more to woes, public debt in July soars by Rs2.7tr

In an alarming development, public debt in July increased by Rs2.7 trillion – at an average of Rs88 billion a day – almost entirely...

Senior banker Jameel Ahmad assumes charge as SBP governor

Jameel Ahmad assumed charge as the governor of the State Bank of Pakistan (SBP) for the next five years after his appointment was approved...

Monetary policy: SBP keeps interest rate unchanged for 6 weeks

The State Bank of Pakistan (SBP) on Monday maintained the status quo in the interest rate at 15% — the highest since November 2008. The...

SBP likely to maintain policy rate

State Bank of Pakistan is scheduled to review the current state of the economy and announce its key policy rate on Monday. Financial experts have...

Miftah denies SBP or he exerted pressure to bring down value of dollar

Finance Minister Miftah Ismail denied on Saturday that neither the State Bank of Pakistan nor he had “directly intervened” to bring the dollar’s value...

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