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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.

rupee vs dollar

Rupee extends gains against dollar amid strong inflows

August 8, 2025August 8, 2025Faisal Shahnawaz

Karachi, August 8, 2025 – The Pakistani rupee continued its upward trajectory against the US dollar on Friday, supported by strong inflows from export earnings and workers’ remittances.

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Pakistan receives $3.21 billion in remittances for July 2025

August 8, 2025August 8, 2025Shahnawaz Akhter

Karachi, August 8, 2025 – Pakistan recorded an inflow of $3.21 billion in workers’ remittances during July 2025, according to data released by the State Bank of Pakistan (SBP) on Friday.

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rupee vs dollar

Rupee recovers slightly against dollar in interbank

August 7, 2025August 7, 2025Faisal Shahnawaz

Karachi, August 7, 2025 – The Pakistani rupee made a modest recovery on Thursday, gaining 11 paisas against the US dollar at the close of trading in the interbank foreign exchange market.

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Bank Alfalah

Bank Alfalah reports tax disputes with authorities

August 7, 2025August 7, 2025Faisal Shahnawaz

Karachi, August 7, 2025 – Bank Alfalah Limited has revealed that it is currently involved in several disputes with both federal and provincial tax authorities.

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MCB Bank Building

MCB Bank sees profit dip, pays Rs33bn tax in H1 2025

August 6, 2025August 6, 2025Shahnawaz Akhter

Karachi, August 6, 2025 – MCB Bank has paid a record Rs33 billion in income tax during the first half of calendar year 2025 (January to June), surpassing its net profit of Rs29.39 billion for the same period, according to the consolidated financial results submitted to the Pakistan Stock Exchange (PSX).

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rupee vs dollar

Rupee ends 10-day rally against dollar, sheds 10 paisas

August 6, 2025August 6, 2025Faisal Shahnawaz

KARACHI, August 6, 2025 – The Pakistani rupee on Wednesday ended its impressive 10-day rally against the US dollar, slipping by 10 paisas in the interbank market amid mounting pressure from rising import payments.

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PBC Proposals

Bank deposits hit high, FBR tax intake drops

August 5, 2025August 5, 2025Shahnawaz Akhter

Karachi, August 5, 2025 – The Federal Board of Revenue (FBR) has reported a 5% decline in tax collection from profits on bank deposits during the fiscal year 2024-25, even as the country’s banking sector witnessed record-breaking deposit levels.

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rupee vs dollar

Pakistani rupee extends winning streak against U.S. dollar

August 5, 2025August 5, 2025Faisal Shahnawaz

Karachi, August 5, 2025 – The Pakistani rupee continued its impressive rally against the U.S. dollar for the tenth consecutive trading session on Tuesday, reflecting growing investor confidence and macroeconomic stability.

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rupee vs dollar

Pakistani Rupee on Fire: Streak Hits 9 Sessions!

August 4, 2025August 4, 2025Faisal Shahnawaz

Karachi, August 4, 2025 — The Pakistani rupee is on fire! In a stunning show of resilience, the rupee extended its winning streak for the ninth consecutive session against the US dollar in the interbank foreign exchange market on Monday.

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banking mohtasib

Complaints against banks jump 35% in first half of 2025

August 2, 2025August 2, 2025Shahnawaz Akhter

Karachi, August 2, 2025 – Complaints against commercial banks have surged by 35% during the first half of the calendar year 2025, raising concerns about service quality and customer protection across the banking sector.

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