Money and banking drive economic activity by facilitating transactions, savings, and investments. Banks manage financial resources, offer credit, and regulate money supply, ensuring stability and growth in Pakistan’s financial sector.
Karachi, July 14, 2025 – The Pakistani rupee witnessed a notable decline on Monday, slipping to PKR 284.72 against the dollar in the interbank foreign exchange market.
(more…)Karachi, July 13, 2025 – Despite a notable increase in Pakistan’s foreign exchange reserves, rupee uncertainty is expected to continue in the coming week starting July 14, according to currency market analysts.
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Karachi, July 11, 2025 – United Bank Limited (UBL) has posted an exceptional profit growth of 110% for the first half (1H) of calendar year 2025, showcasing the bank’s strong performance despite rising expenses and higher tax outflows.
(more…)Karachi, July 11, 2025 – The Pakistani rupee finally snapped its five-day streak of losses against the US dollar on Friday, buoyed by a major surge in the country’s foreign exchange reserves.
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Karachi, July 10, 2025 – Pakistan’s banks are gearing up to report bumper earnings for the second quarter of calendar year 2025 (2QCY25), signaling continued financial strength and strategic resilience in a shifting interest rate environment.
(more…)Karachi, July 10, 2025 – The Pakistani rupee continued its downward trajectory against the US dollar on Thursday, marking the fifth consecutive session of decline in the interbank foreign exchange market.
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Islamabad, July 9, 2025 – Pakistan has formally adopted a comprehensive legal framework for crypto currencies, marking a significant step toward embracing digital innovation while ensuring regulatory oversight and financial transparency.
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Karachi, July 9, 2025 – The State Bank of Pakistan (SBP) has officially announced the appointment of primary dealers for the fiscal year 2025–26, in line with its framework for managing government securities.
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Karachi, July 9, 2025 – Pakistan has achieved a major milestone by receiving an all-time high of $38.3 billion in remittances during the fiscal year 2024–25, according to data released by the State Bank of Pakistan (SBP) on Wednesday.
(more…)Karachi, July 9, 2025 – The Pakistani rupee extended its losing streak for the fourth consecutive session on Wednesday, continuing to slide against the US dollar in the interbank foreign exchange market.
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