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.
The State Bank of Pakistan has allowed exchange companies to enter into short-term forward sale transactions with banks for up to five working days against incoming home remittances, in a move aimed at enhancing inflows and improving liquidity management.
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Karachi, April 9, 2026 — The Pakistani rupee posted a marginal gain against the US dollar on Thursday, showing resilience despite ongoing external financial pressures and global uncertainties.
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Karachi, April 8, 2026— Pakistan recorded strong inflows of workers’ remittances in March 2026, reaching $3.8 billion despite ongoing geopolitical tensions linked to the Iran conflict. The figures were released by the State Bank of Pakistan (SBP) on Wednesday, highlighting the resilience of overseas Pakistanis during a period of global uncertainty.
(more…)Karachi, April 7, 2026 – The Pakistani rupee continued to show stability against the US dollar on Tuesday, even amid concerns over upcoming large external repayments and global economic pressures. According to the State Bank of Pakistan (SBP), the rupee appreciated slightly by one paisa, closing at Rs279.06 against the dollar in the interbank foreign exchange market, compared to the previous day’s closing of Rs279.07.
(more…)KARACHI: The State Bank of Pakistan has introduced a new regulatory requirement making it mandatory to submit a declaration for foreign inflows exceeding $25,000, aiming to enhance transparency and strengthen monitoring of cross-border financial transactions.
(more…)Karachi, April 6, 2026 – The State Bank of Pakistan (SBP) has introduced a series of landmark initiatives aimed at facilitating freelancers and IT exporters, marking a significant step toward strengthening Pakistan’s digital economy.
(more…)Karachi, April 6, 2026 – The Pakistani rupee continued its positive momentum on Monday, appreciating by 3 paisa against the US Dollar in the interbank foreign exchange market. According to data released by the State Bank of Pakistan, the dollar closed at Rs279.07 compared to Friday’s closing rate of Rs279.10.
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Islamabad, April 4, 2026 – The Securities and Exchange Commission of Pakistan (SECP) has approved the country’s first Shariah-compliant credit risk-sharing product, marking a significant milestone in the development of Pakistan’s Islamic finance sector.
(more…)Karachi, April 1, 2026 – In a major step towards financial inclusion, the State Bank of Pakistan (SBP) has introduced a new framework allowing teenagers aged 13 to 18 years to open and operate bank accounts in their own names. The initiative aims to promote savings habits and provide early exposure to financial services among young Pakistanis.
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Karachi, April 1, 2026 – The Pakistani rupee recorded a modest gain of 3 paisa against the US dollar on Wednesday, supported by positive market sentiment following the approval of a Staff-Level Agreement with the International Monetary Fund (IMF). The development has paved the way for Pakistan to potentially access $1.21 billion in external funding.
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