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 5, 2025 – Investment in premium prize bonds has witnessed a robust 20% surge during the 12-month period ending in May 2025, according to the latest data released by the State Bank of Pakistan (SBP).
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Karachi, July 4, 2025 – The Pakistani rupee witnessed a slight depreciation on Friday, losing 11 paisas against the US dollar to close at PKR 283.97 in the interbank foreign exchange market.
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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.
(more…)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.
(more…)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.
(more…)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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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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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.
(more…)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.
(more…)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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