Tags State Bank Of Pakistan

Tag: State Bank Of Pakistan

Tarin rejects reports of autonomy of SBP

Finance Minister Shaukat Tarin on Monday rejected reports about autonomy being granted to the State Bank, saying the government will still “retain control” over...

SBP governor Baqir sounds optimistic, says GDP to remain around 5%

State Bank of Pakistan (SBP) Governor Reza Baqir said on Tuesday that the current account deficit (CAD) is expected to increase for the next two...

Pakistan pays Rs26bn in interest to China

The State Bank of Pakistan’s annual financial statement revealed that Pakistan has paid over Rs26 billion in interest to China as the country is...

PKR sheds 4 paisas, trades at 173.96 per dollar

With making new lows against the US dollar (USD), the Pakistani Rupee has stumbled around 9.5 per cent this fiscal year to date. The...

Pakistan’s remittances average above $2.7bn for 7th consecutive month

The overseas Pakistanis’ remittances saw record growth of 12.5 percent over the same period last year as they sent the highest-ever $8 billion sum...

Rupee posts Rs 1.4 weekly drop

Pakistani rupee (PKR) has managed to snap a long losing streak, gaining some ground in the interbank market, appreciating by 18 paisa per USD to close the day's trade...

SBP extends deadline for prize bond encashment

The State Bank of Pakistan (SBP) has extended the deadline for the encashment, conversion and redemption of prize bonds of Rs40,000, Rs25,000, Rs15,000 and...

Crash and recover: KSE-100 index lost over 1,200 points, but managed to post modest recovery 

All hell broke loose at the Pakistan Stock exchange (PSX) on Wednesday, as the benchmark Karachi Stock Exchange KSE-100 index lost over 1,200 points in...

SBP launches gender quality initiative

The State Bank of Pakistan has launched a gender mainstreaming policy titled “Banking on Equality: Reducing the Gender Gap in Financial Inclusion”. In a...

PKR closes 32 paisa lower against USD

Pakistani Rupee (PKR) joined back its course of devaluation as the currency could not hold the ground in today’s interbank session and closed the...

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