Category: Money & Banking

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.

SBP announces bank holiday on December 25, 2025 across Pakistan

Karachi, December 22, 2025 — The State Bank of Pakistan (SBP) on Monday announced a nationwide bank holiday on December 25, 2025 (Thursday), in observance of Quaid-e-Azam Day and Christmas, in line with the public holiday declared by the Government of Pakistan.
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December 22, 2025
Pakistani rupee gains 3 paisa against US dollar in interbank market

Karachi, December 22, 2025 – The Pakistani rupee strengthened slightly against the US dollar on Monday, gaining 3 paisa in the interbank foreign exchange market, according to the State Bank of Pakistan (SBP).
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December 22, 2025
SBP revises foreign exchange manual for remitting payments

Karachi, December 21, 2025 — The State Bank of Pakistan (SBP) has updated its Foreign Exchange Manual (FEM) regarding the remittance of foreign payments by entities operating through commercial banks. The changes aim to facilitate ease of doing business and align remittance procedures with current market practices.
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December 21, 2025
Interbank weekly review: Rupee likely to stay stable against US dollar

Karachi, December 21, 2025 — The Pakistani rupee is expected to remain largely stable against the US dollar in the coming week, supported by steady dollar inflows from exporters and a continued improvement in the country’s foreign exchange reserves, currency market participants said.
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December 21, 2025
US Dollar Weakens by 3 Paisa Against Pakistani Rupee in Interbank Market

Karachi, December 17, 2025 – The US dollar experienced a slight decline of 3 paisa against the Pakistani rupee in the interbank foreign exchange market on Wednesday. According to the latest data released by the State Bank of Pakistan (SBP), the dollar closed at Rs280.27, down from the previous day’s closing of Rs280.30, reflecting cautious market movements.
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December 17, 2025
ICMAP urges administrative measures over monetary policy to curb inflation

Karachi, December 16, 2025 — The Institute of Cost and Management Accountants of Pakistan (ICMAP) has called on the government to focus on administrative and structural measures to control inflation, arguing that monetary policy alone is insufficient to address rising prices in key sectors of the economy.
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December 16, 2025
SBP surprises markets, cuts policy rate by 50 basis points to 10.5%

Karachi, December 15, 2025 – In an unexpected move, the State Bank of Pakistan (SBP) on Monday announced a 50 basis points cut in its benchmark policy rate, lowering it to 10.5% from 11%. The decision, effective December 16, 2025, came as a surprise to most market analysts who had widely anticipated the rate would remain unchanged.
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December 15, 2025
Pakistani rupee strengthens, likely to remain stable into 2026

Karachi, December 14, 2025 – The Pakistani rupee showed modest gains this week, closing at 280.32 per dollar on Friday in the interbank market, after a slight rise from Monday’s 280.41, according to market reports.
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December 14, 2025
IMF begins daily monitoring of Pakistan’s foreign exchange market

Karachi, December 14, 2025 – The International Monetary Fund (IMF) has intensified oversight of Pakistan’s foreign exchange market by instructing the State Bank of Pakistan (SBP) to provide daily reports of FX market activity.
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December 14, 2025
SBP likely to maintain policy rate at 11% in December 15 meeting

Karachi, December 13, 2025 – The State Bank of Pakistan (SBP) is expected to maintain its benchmark policy rate at 11% in the upcoming monetary policy review scheduled for December 15, 2025.
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December 13, 2025