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Business Published 04 Dec, 2021 03:50pm

SBP receives worth $3b deposit from Saudi Arabia, says Tarin

Advisor to PM on Finance and Revenue thanks Crown Prince Mohammed Bin Salman and kingdom for 'kind gesture'

Business Published 03 Dec, 2021 05:49pm

Against USD: Pakistan's rupee falls to yet another historic low

Pakistan's rupee continued to tumble against the US dollar, depreciating yet another 0.2% in the inter-bank market ...

Business Published 01 Dec, 2021 06:52pm

Pakistan's rupee sees back-to-back gains against US dollar

Pakistan's rupee witnessed back-to-back gains against the US dollar, appreciating another...

Business Published 26 Nov, 2021 05:19pm

Against USD: Pakistan's rupee ends near historic low

Pakistan's rupee weakened further against the US dollar to close near its historic low after another round of...

Business Published 23 Nov, 2021 09:58am

SBP autonomy, Sales Tax exemptions: PTI allies drag their feet over key draft bills

ISLAMABAD: Allies of the ruling party, Pakistan Tehreek-e-Insaf (PTI), have conveyed to it that they would first...

Business Published 20 Nov, 2021 11:51am

SBP hikes rate by 150bps to 8.75pc on inflation, BoP

By Rizwan Bhatti Karachi: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) Friday announced...

Business Published 19 Nov, 2021 05:14pm

Monetary policy: SBP raises key interest rate by 150 basis points to 8.75%

The central bank's MPC said that since the last meeting, risks related to inflation and the balance of...

Business Published 18 Nov, 2021 02:07pm

PM wants imports from China in yuan

ISLAMABAD: Prime Minister Imran Khan has directed Commerce Ministry and State Bank of Pakistan (SBP) to look into ...

Pakistan Updated 16 Nov, 2021 06:44pm

SBP moves up monetary policy announcement by a week to Nov 19

Central bank says meeting brought to dela with recent unforeseen developments that have affected inflation and balance of payment outlook

Pakistan Updated 02 Nov, 2021 12:46pm

No bank other than NBP faced cyberattack, says SBP

The State Bank of Pakistan (SBP) said on Monday that no bank, other than the National Bank of Pakistan (NBP), was...

Business Published 23 Sep, 2021 11:26pm

SBP revises PRs for consumer financing

The changes in the PRs effectively prohibit financing for imported vehicles, and tighten regulatory requirements for...

Business Updated 20 Sep, 2021 08:13pm

SBP increases policy rate by 25 bps at 7.25 %

While year-on-year inflation has declined since June 2021 rising demand pressures together with...

Business Published 13 Aug, 2021 07:32pm

'Economy successfully completed stabilization phase, entered growth phase'

Reza Baqir said Friday that the foreign exchange reserves of the central bank would reach to the historic high level once the...

Business Published 19 Mar, 2021 11:25pm

SBP decides to keep policy rate unchanged at 7%

The decision was taken at a meeting of the Monetary Policy Committee following which a...

Published 09 Mar, 2021 07:48pm

Govt decides to make SBP accountable before Parliament, raises governor’s tenure

Hafeez Shaikh said that govt have also decided to minimize the role of ministries in...

Business Published 04 Dec, 2020 06:15pm

Govt decides to discontinue Rs25,000 prize bonds

The Rs25,000 denomination bonds will be converted into...

Business Updated 23 Nov, 2020 05:37pm

SBP maintains policy rate at 7 percent

The Monetary Policy Committee (MPC) of the bank during its...

Business Published 20 Nov, 2020 10:05pm

Growth in construction activities to strengthen country's economy: PM Imran

On the occasion, the Governor State Bank informed the...

Pakistan Published 12 Nov, 2020 08:12pm

PM for special initiatives to attract overseas Pakistanis’ investment

The NPCs issued by the SBP for overseas...

Business Published 06 Nov, 2020 09:53pm

SBP takes steps to mitigate impact of Covid-19: Reza Baqir

Governor’s address traversed many...