Pakistan Revenue
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, December 30, 2025 – The State Bank of Pakistan (SBP) on Tuesday announced that all banks across the country will remain closed for public transactions on Thursday, January 1, 2026, in observance of a bank holiday. The circular issued by the SBP aims to inform the general public and banking customers to plan their […]
Continue Reading
ISLAMABAD, December 29, 2025 – The Federal Investigation Agency (FIA) has stepped up its nationwide action against hawala, hundi, and illegal currency exchange, seizing currency worth over Rs1.99 billion and arresting 667 suspects during 2025.
Continue Reading
Karachi, December 28, 2025 – The Pakistan Banks Association (PBA) has elected Zafar Masud, President and Chief Executive Officer of The Bank of Punjab, as its new Chairman, marking a significant leadership transition for the country’s banking industry.
Continue Reading
Karachi, December 26, 2025 – The State Bank of Pakistan (SBP) has issued a comprehensive regulatory framework aimed at strengthening the financial sector’s ability to manage climate-related financial risks, reflecting the country’s growing exposure to climate change impacts.
Continue Reading
Karachi, December 26, 2025 – Pakistan’s net foreign exchange (forex) reserves witnessed a modest decline of $66 million on a weekly basis, according to the latest data released by the State Bank of Pakistan (SBP) on Friday. Despite the drop, analysts believe the overall reserves position remains stable amid ongoing external payment pressures.
Continue Reading
Karachi, December 26, 2025 — The Pakistani rupee gained 3 paisa against the US dollar in the interbank foreign exchange market on Friday, continuing its gradual upward trend amid improving economic indicators.
Continue Reading
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.
Continue Reading
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).
Continue Reading
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.
Continue Reading
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.
Continue Reading