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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.

US Dollar Currency New

US Dollar Weakens by 3 Paisa Against Pakistani Rupee in Interbank Market

December 17, 2025December 17, 2025Faisal Shahnawaz

Karachi, December 17, 2025 – The US dollar experienced a slight decline of 3 paisa against the Pakistani rupee in the interbank foreign exchange market on Wednesday. According to the latest data released by the State Bank of Pakistan (SBP), the dollar closed at Rs280.27, down from the previous day’s closing of Rs280.30, reflecting cautious […]

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ICMA Pakistan

ICMAP urges administrative measures over monetary policy to curb inflation

December 16, 2025December 16, 2025Shahnawaz Akhter

Karachi, December 16, 2025 — The Institute of Cost and Management Accountants of Pakistan (ICMAP) has called on the government to focus on administrative and structural measures to control inflation, arguing that monetary policy alone is insufficient to address rising prices in key sectors of the economy.

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SBP surprises markets, cuts policy rate by 50 basis points to 10.5%

December 15, 2025December 15, 2025Shahnawaz Akhter

Karachi, December 15, 2025 – In an unexpected move, the State Bank of Pakistan (SBP) on Monday announced a 50 basis points cut in its benchmark policy rate, lowering it to 10.5% from 11%. The decision, effective December 16, 2025, came as a surprise to most market analysts who had widely anticipated the rate would […]

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rupee vs dollar

Pakistani rupee strengthens, likely to remain stable into 2026

December 14, 2025December 14, 2025Faisal Shahnawaz

Karachi, December 14, 2025 – The Pakistani rupee showed modest gains this week, closing at 280.32 per dollar on Friday in the interbank market, after a slight rise from Monday’s 280.41, according to market reports.

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IMF 02

IMF begins daily monitoring of Pakistan’s foreign exchange market

December 14, 2025December 14, 2025Shahnawaz Akhter

Karachi, December 14, 2025 – The International Monetary Fund (IMF) has intensified oversight of Pakistan’s foreign exchange market by instructing the State Bank of Pakistan (SBP) to provide daily reports of FX market activity.

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SBP likely to maintain policy rate at 11% in December 15 meeting

December 13, 2025December 13, 2025Shahnawaz Akhter

Karachi, December 13, 2025 – The State Bank of Pakistan (SBP) is expected to maintain its benchmark policy rate at 11% in the upcoming monetary policy review scheduled for December 15, 2025.

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state bank of pakistan 03

SBP sets new maximum remuneration limits for bank directors

December 13, 2025December 13, 2025Faisal Shahnawaz

Karachi, December 13, 2025 – The State Bank of Pakistan (SBP) has introduced revised maximum remuneration limits for directors attending board and committee meetings of banks and Development Finance Institutions (DFIs).

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US Dollar Currency New

PKE vs USD: Rupee strengthens 4 paisa against dollar in interbank market

December 12, 2025December 12, 2025Faisal Shahnawaz

Karachi, December 12, 2025 – The Pakistani rupee showed signs of stability on Friday, gaining 4 paisa against the US dollar in the interbank foreign exchange market, according to currency dealers and the State Bank of Pakistan (SBP).

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JazzCash

Binance and JazzCash Partner to Explore Virtual Asset Solutions in Pakistan

December 11, 2025December 11, 2025Faisal Shahnawaz

Islamabad – Binance, the world’s leading cryptocurrency exchange, and JazzCash, Pakistan’s top digital financial services platform, have signed a Memorandum of Understanding (MoU) to explore potential collaboration aimed at supporting the responsible growth of virtual assets in the country.

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SBP report on banking sector

SBP urges banks to implement green banking policies under Pakistan green taxonomy

December 10, 2025December 10, 2025Faisal Shahnawaz

Karachi, December 10, 2025 – The State Bank of Pakistan (SBP) on Wednesday advised all banks and development finance institutions (DFIs) to adopt green banking policies aligned with the Pakistan Green Taxonomy (PGT). The move aims to promote sustainable economic activities and direct investments toward environmentally responsible sectors.

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