Tags SBP

Tag: SBP

Remittances in first half of current fiscal rise to record $15.8b: SBP

Remittances from overseas Pakistanis surged to $15.8 billion in the first six months of the current fiscal year, 11.3 percent higher than a year...

SBP committee for complete ban on cryptocurrency in Pakistan

A committee, constituted under the supervision of deputy governor State Bank of Pakistan (SBP), recommended a complete ban on cryptocurrency and other related activities...

Shaukat warns SBP governor can be removed for failure to cooperate with govt

A “possible rift” between the finance ministry and State Bank came to light once again when Finance Minister Shaukat Tarin said that if the...

SBP restricts purchase of foreign exchange

The State Bank of Pakistan (SBP) has amended its regulations regarding purchase of foreign currency, binding all exchange companies to ensure that no individual...

SBP raises interest rate by 100 bps to 9.75%

In line with the market expectation, Pakistan's central bank increased the benchmark interest rate by 100 basis points to 9.75 percent on Tuesday, to...

HBL, Telenor Pakistan partner to launch MyTelenor App

HBL is in partnership with Telenor Pakistan will work towards enabling customers to access the Bank’s Internet Payment Gateway (IPG) and Direct Transfer (DT)...

Weekly review: KSE-100 index shed 881 points, closed at 43,233

The Pakistan Stock Exchange (PSX) suffered at the hands of bears in the outgoing week as the benchmark KSE-100 index remained under pressure owing...

PKR sheds 1.58 rupee, hits 176.7 against USD

The Pakistani rupee (PKR) fell as low as 176.7 against the US Dollar (USD) during an intraday trade on Friday in an interbank market...

Pakistan’s debt, liabilities burden: Rs20.7 trillion increase in 39 months under PTI

Pakistan’s total debt and liabilities have surpassed Rs50.5 trillion making a new record owing to the addition of Rs20.7 trillion under the current government...

Bloodbath at PSX as KSE-100 shed over 700 points, closed below 45,00 point level

The Pakistan Stock Exchange endured another beating on Tuesday as investors remained nervous about the higher-than-expected interest rate hike, of 150 basis points by...

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