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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.

Allied Bank

Allied Bank posts 25% drop in net profit for first half of 2025

August 21, 2025August 21, 2025Shahnawaz Akhter

Karachi, August 21, 2025 – Allied Bank Limited has released its consolidated financial results for the first half of calendar year 2025, reporting a significant 25% decline in after-tax profit compared to the same period last year.

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rupee vs dollar

Interbank update: Rupee inches up against dollar

August 20, 2025August 20, 2025Faisal Shahnawaz

Karachi, August 20, 2025 – The Pakistani rupee registered a modest improvement against the US dollar in Wednesday’s interbank foreign exchange market, closing at PKR 281.95 compared to the previous day’s level of PKR 284.96.

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SBP flags red alerts in trade-based money laundering

August 20, 2025August 20, 2025Shahnawaz Akhter

Karachi, August 20, 2025 – The State Bank of Pakistan (SBP) has issued a comprehensive advisory identifying red-flag indicators linked with trade-based money laundering (TBML).

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SBP report on banking sector

SBP unveils new financing scheme to empower small farmers

August 20, 2025August 20, 2025Shahnawaz Akhter

Karachi, August 20, 2025 – The State Bank of Pakistan (SBP) on Wednesday announced a significant new initiative designed to uplift the country’s agricultural sector by launching a financing scheme exclusively for small and marginalized farmers.

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rupee vs dollar

Pakistani rupee strengthens to 281.96 against dollar

August 19, 2025August 19, 2025Faisal Shahnawaz

Karachi, August 19, 2025 – The Pakistani rupee continued its upward trajectory on Tuesday, appreciating to PKR 281.96 against the dollar in the interbank foreign exchange market.

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rupee vs dollar

PKR’s upward journey: Rupee nears 282 vs USD

August 18, 2025August 18, 2025Faisal Shahnawaz

Karachi, August 18, 2025 – The Pakistani rupee continued its upward trajectory on Monday, closing near PKR 282 against the US dollar in the interbank market.

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state bank of pakistan 03

SBP Tells Banks: Terminate Clients on GD Suspicion

August 17, 2025August 17, 2025Shahnawaz Akhter

Karachi, August 17, 2025 – The State Bank of Pakistan (SBP) has instructed banks to adopt stricter compliance procedures under the Anti-Money Laundering (AML) Act 2010, including the option of terminating customer relationships in cases of repeated suspicious activity.

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SBP mandates H.S. Codes in all trade-linked transactions

August 16, 2025August 16, 2025Shahnawaz Akhter

Karachi, August 16, 2025 – The State Bank of Pakistan (SBP) has introduced stricter regulatory measures for the issuance of financial instruments (FIs) in connection with trade transactions, making it mandatory to include Harmonized System (H.S.) Codes and Unit of Measurement (UoM) details.

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rupee vs dollar

PKR to USD: Rupee Strengthens to 282.06 Against Dollar

August 15, 2025August 15, 2025Faisal Shahnawaz

KARACHI, August 15, 2025 – The Pakistani rupee extended its upward momentum on Friday, appreciating against the US dollar in the interbank foreign exchange market and closing at PKR 282.06.

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state bank of pakistan 03

SBP launches Rs75 commemorative coin to honor Marka-e-Haq

August 15, 2025August 15, 2025Faisal Shahnawaz

KARACHI, August 15, 2025 – The State Bank of Pakistan (SBP) has unveiled a special Rs75 commemorative coin to pay tribute to the courage and sacrifices of Pakistan’s armed forces during the historic Marka-e-Haq, while also marking Independence Day with national pride.

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