SBP restrains banks’ chairmen from appointing adviser

KARACHI: State Bank of Pakistan (SBP) on Tuesday restrained board / chairman of banks from appointing adviser in any capacity. Read more »

Rupee remains unchanged for seventh straight trading day

KARACHI: The Pak Rupee remained unchanged against dollar for seventh straight trading day on Tuesday amid lower demand for import and corporate payments. Read more »

Rupee remains unchanged for sixth straight trading day

KARACHI: The Pak Rupee remained unchanged against dollar for sixth straight trading day on Monday amid lackluster demand for import and corporate payments. Read more »

Foreign currency account restriction on non-filers not apply on non-residents: SBP

KARACHI: State Bank of Pakistan (SBP) on Monday said that the restriction imposed on non-filers related to foreign currency accounts shall not apply on non-resident Pakistanis. Read more »

SBP to expedite payment license issuance to FinTech companies

KARACHI: State Bank of Pakistan (SBP) will expedite issuance of payment licenses to FinTech companies in order to accelerate financial inclusion program. Read more »

Rupee sheds 20 paisas in open market

KARACHI: The Pak Rupee ended down by 20 paisas in open market on Saturday owing to recent changes in the federal cabinet. Read more »

Rupee maintains level for 5th consecutive day amid reshuffle in cabinet

KARACHI: The rupee maintained level against dollar for the fifth consecutive day on Friday amid reshuffle in the federal cabinet. Read more »

Rupee maintains level against dollar

KARACHI: The Pak Rupee remained unchanged against dollar on Thursday amid lackluster trading activities. Read more »

Zubyr Soomro appointed as NBP board chairman

KARACHI: Zubyr Soomro has been appointed as chairman of Board of Directors of National Bank of Pakistan (NBP), said a notice to Pakistan Stock Exchange (PSX) on Thursday. Read more »

Rupee ends firmer on lower dollar demand for imports

KARACHI: The Pak Rupee ended firmer against dollar on Wednesday amid static demand for import and corporate payments. Read more »