Meezan Bank signs agreement for e-ticket payments

KARACHI: Meezan Bank, Pakistan’s leading Islamic bank has recently entered into a partnership with Bookme.pk – Pakistan’s first and largest online ticketing platform that helps customers buy bus, airline and event tickets... Read more »

Rupee ends unchanged

KARACHI: The Pak Rupee ended unchanged against dollar on Tuesday owing to lackluster demand for import payments, dealers said. Read more »

SBP enhances borrowing limit under LTFF to Rs5 billion

KARACHI: The State Bank of Pakistan (SBP) has enhanced the maximum borrowing limit under Long Term Financing Facility (LTFF) to Rs5 billion from Rs2.5 billion. Read more »

SBP allows 100% advance payment for import

KARACHI: State Bank of Pakistan (SBP) has allowed 100 percent advance payment for import of various goods against letter credit. Read more »

SBP keeps policy rate unchanged at 13.25%

KARACHI: The State Bank of Pakistan (SBP) on Tuesday kept policy rate unchanged at 13.25 percent. SBP governor Dr. Raza Baqir announced the decision taken by the Monetary Policy Committee (MPC). The... Read more »

Murtaza Syed appointed as SBP deputy governor

KARACHI: The federal government has appointed Dr. Murtaza Syed as Deputy Governor of the State Bank of Pakistan (SBP), in pursuance of Section 10(4) of the State Bank of Pakistan Act 1956... Read more »

Rupee ends firmer amid dollar demand

KARACHI: The Pak Rupee ended firmer against dollar on Monday despite demand of the foreign currency for import and corporate payments. Read more »

Rupee gains five paisas on inflows

KARACHI: The Pak Rupee made gain five paisas against dollar on Friday owing to inflows of export and remittances. Read more »

Rupee depreciates by 9 paisas on import payment demand

KARACHI: The Pak Rupee depreciated by nine paisas on Wednesday owing to demand for import and corporate payments. Read more »

Rupee gains eight paisas on export receipts inflows

KARACHI: The Pak Rupee gained eight paisas against dollar on Wednesday owing to improve inflows of export receipts, dealers said. Read more »

Rupee makes slight gain amid higher demand for corporate, import payment

KARACHI: The Pak Rupee made slight gain against dollar on Tuesday amid higher demand for import and corporate payment, dealers said. Read more »