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, March 31, 2026 – Bank Alfalah Limited has indicated a possible upward trend in interest rates in the coming months, citing heightened geopolitical tensions stemming from the ongoing Iran conflict.
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Karachi, March 27, 2026 – The Pakistani rupee has gained 30 paisa against the US dollar since the outbreak of the Iran war on February 28, 2026, demonstrating resilience despite rising global uncertainties.
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Institute of Cost and Management Accountants of Pakistan (ICMAP) has highlighted the growing potential of Sharia-compliant cryptocurrencies, stating that digital assets such as X8X Token and OneGram are emerging as more reliable and stable investment options compared to traditional safe-haven assets.
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Karachi – The State Bank of Pakistan (SBP) has issued comprehensive new instructions for banks regarding the opening, operation, and maintenance of foreign currency accounts and non-resident rupee accounts, aiming to boost foreign investment and improve financial access.
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Karachi – The State Bank of Pakistan (SBP) has introduced key regulatory changes to expand the scope of Roshan Digital Accounts (RDA), allowing broader access for non-resident individuals and foreign corporate entities.
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Karachi, March 24, 2026 – The Pakistani rupee posted a modest gain against the US dollar on Tuesday, supported by strong inflows and regulatory measures, despite pressure from import payments and elevated global oil prices linked to tensions involving Iran.
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Karachi, March 24, 2026 – The State Bank of Pakistan (SBP) has intensified its crackdown on illegal financial activities by cancelling the licenses of two money exchange companies over serious regulatory violations.
(more…)Karachi, March 19, 2026 – The State Bank of Pakistan has reported a record 3.4 billion retail transactions for the quarter ended December 31, 2025, highlighting continued growth in digital payments and financial inclusion across the country.
(more…)Karachi, March 18, 2026 – The State Bank of Pakistan (SBP) on Wednesday released the weighted average lending and deposit rates for February 2026, showing a slight easing in borrowing costs and stable returns on deposits across the banking sector.
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Islamabad, March 17, 2026 – Pakistan has launched a major nationwide crackdown on money laundering and illegal money transfer networks, including hawala and hundi operations, in a high-level government meeting chaired by Interior Minister Mohsin Naqvi and Federal Finance Minister Muhammad Aurangzeb.
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