KARACHI, March 9, 2026: The State Bank of Pakistan (SBP) on Monday announced that it will keep the benchmark key policy rate unchanged at 10.50%, citing a significant increase in risks to the country’s macroeconomic outlook amid global geopolitical uncertainties.
(more…)Author: Faisal Shahnawaz
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SBP releases daily interbank currency exchange rates – March 9, 2026
KARACHI, March 9, 2026: The State Bank of Pakistan (SBP) on Monday released the daily interbank currency exchange rates to provide guidance for banking consumers and facilitate foreign exchange transactions.
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Sazgar motors to acquire commercial land worth Rs1.47 billion in Lahore
KARACHI, March 9, 2026: Sazgar Engineering Works Limited, one of Pakistan’s leading motor vehicle manufacturers, announced on Monday its plans to acquire commercial land in Lahore valued at Rs1.47 billion.
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KSE-100 index crashes over 11,000 points in historic rout amid global oil surge
KARACHI, March 9, 2026: The benchmark KSE-100 Index suffered a dramatic collapse on Monday, plunging by more than 11,000 points in one of the steepest single-day declines in the history of the Pakistan Stock Exchange (PSX). The market downturn was primarily triggered by a sharp surge in global crude oil prices and rising geopolitical tensions.
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Bitcoin continues downward trend against US Dollar: March 9, 2026
Bitcoin (BTC) continued its decline against the United States Dollar (USD), reaching $66,956.46 on Sunday. The digital currency has shown significant losses over the past week, month, and year, raising concerns among investors and cryptocurrency analysts.
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George Russell wins Australian Grand Prix as Mercedes dominate 2026 F1 opener
George Russell made a powerful start to the Formula One season by winning the Australian Grand Prix, the opening race of the 2026 Formula One World Championship, leading a dominant one-two finish for Mercedes-AMG Petronas Formula One Team.
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India clinch ICC Men’s T20 World Cup 2026 title after crushing New Zealand
Ahmedabad, March 8, 2026 — India lifted the ICC Men’s T20 World Cup 2026 trophy in emphatic fashion after defeating New Zealand by 96 runs in a one-sided final in Ahmedabad on Sunday.
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Messi and De Paul shine as Inter Miami defeat DC United 2-1
Inter Miami CF secured a hard-fought 2-1 away victory over DC United in Major League Soccer on Saturday, with first-half goals from Rodrigo De Paul and Lionel Messi putting the visitors in control.
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PKR vs USD: Pakistani rupee expected to stay stable despite external risks
Karachi, March 8, 2026 – The Pakistani rupee is expected to remain relatively stable against the US dollar in the coming week, although external pressures linked to geopolitical tensions and rising global energy prices may keep the local currency under mild strain.
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Faysal Bank hit with Rs81 million SBP penalty in CY2025
Karachi, March 8, 2026 – State Bank of Pakistan has imposed a regulatory penalty of Rs81 million on Faysal Bank Limited during the calendar year ended December 31, 2025, according to the bank’s annual financial statement submitted to the Pakistan Stock Exchange (PSX).
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