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.

BML unveils major corporate developments in landmark disclosure

Karachi, July 3, 2025 – In a significant step towards enhancing transparency and reaffirming investor confidence, Bank Makramah Limited (BML) on Thursday disclosed vital corporate developments to the Pakistan Stock Exchange (PSX), outlining major financial transactions and strategic initiatives.
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July 3, 2025
Rupee strengthens on back of soaring forex reserves

Karachi, July 3, 2025 – The Pakistani rupee registered a modest yet encouraging gain against the US dollar on Thursday, driven by a substantial increase in the country’s foreign exchange (forex) reserves.
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July 3, 2025
Rupee closes near 284 against dollar in interbank market

Karachi, July 2, 2025 – The Pakistani rupee came under renewed pressure on Wednesday, closing at PKR 283.95 against the US dollar in the interbank foreign exchange market.
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July 2, 2025
CDNS slashes profit rates on major saving schemes

Karachi, July 2, 2025 – The Central Directorate of National Savings (CDNS) has announced a sharp reduction in profit rates across a wide range of saving schemes.
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July 2, 2025
SBP ends promotion schemes for home remittances

Karachi, July 1, 2025 – In a major policy shift, the State Bank of Pakistan (SBP) has announced the discontinuation of existing marketing and promotion schemes related to home remittances, effective from July 1, 2025.
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July 1, 2025
SBP declares bank holidays for Muharram 2025

Karachi, July 1, 2025 – The State Bank of Pakistan (SBP) has officially announced bank holidays across the country in observance of Muharram 2025, marking the sacred days of Ashura.
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July 1, 2025
PKR vs USD: Rupee ends FY25 at 283.76 amid high dollar demand

Karachi, June 30, 2025 – The Pakistani rupee ended the fiscal year 2024–25 on a stable note, closing at PKR 283.76 against the US dollar in the interbank foreign exchange market on Monday.
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June 30, 2025
Rupee poised for recovery against dollar as new fiscal year begins

Karachi, June 29, 2025 – The Pakistani rupee is expected to begin the new fiscal year 2025–26 on a stronger note against the dollar, supported by healthy foreign inflows and a more stable external economic environment.
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June 29, 2025
Rupee edges lower amid year-end dollar demand in interbank

Karachi, June 27, 2025 — The Pakistani rupee recorded a slight dip against the US dollar on Friday as increased demand for the greenback emerged due to year-end import and corporate settlement requirements.
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June 27, 2025
SBP issues banking schedule for fiscal year-end tax collection

Karachi, June 27, 2025 — The State Bank of Pakistan (SBP) has released a comprehensive banking schedule aimed at facilitating the collection of government duties and taxes at the end of the fiscal year 2024–25.
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June 27, 2025