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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 dips to 284.72 amidst high dollar demand in Interbank

July 14, 2025July 14, 2025Faisal Shahnawaz

Karachi, July 14, 2025 – The Pakistani rupee witnessed a notable decline on Monday, slipping to PKR 284.72 against the dollar in the interbank foreign exchange market.

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rupee vs dollar

Rupee uncertainty expected to persist despite higher reserves

July 13, 2025July 13, 2025Faisal Shahnawaz

Karachi, July 13, 2025 – Despite a notable increase in Pakistan’s foreign exchange reserves, rupee uncertainty is expected to continue in the coming week starting July 14, according to currency market analysts.

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united bank

UBL reports 110% profit growth in first half of 2025

July 11, 2025July 11, 2025Faisal Shahnawaz

Karachi, July 11, 2025 – United Bank Limited (UBL) has posted an exceptional profit growth of 110% for the first half (1H) of calendar year 2025, showcasing the bank’s strong performance despite rising expenses and higher tax outflows.

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rupee vs dollar

Rupee ends five-day losing streak amid reserve boost

July 11, 2025July 11, 2025Shahnawaz Akhter

Karachi, July 11, 2025 – The Pakistani rupee finally snapped its five-day streak of losses against the US dollar on Friday, buoyed by a major surge in the country’s foreign exchange reserves.

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coins and money

Banks poised to announce strong 2QCY25 earnings

July 10, 2025July 10, 2025Shahnawaz Akhter

Karachi, July 10, 2025 – Pakistan’s banks are gearing up to report bumper earnings for the second quarter of calendar year 2025 (2QCY25), signaling continued financial strength and strategic resilience in a shifting interest rate environment.

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rupee vs dollar

Rupee weakens for 5th consecutive session amid dollar pressure

July 10, 2025July 10, 2025Faisal Shahnawaz

Karachi, July 10, 2025 – The Pakistani rupee continued its downward trajectory against the US dollar on Thursday, marking the fifth consecutive session of decline in the interbank foreign exchange market.

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cryto currency Pakistan

Pakistan formally enacts crypto currency law, establishes authority

July 9, 2025July 9, 2025Mrs. Anjum Shahnawaz

Islamabad, July 9, 2025 – Pakistan has formally adopted a comprehensive legal framework for crypto currencies, marking a significant step toward embracing digital innovation while ensuring regulatory oversight and financial transparency.

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SBP report on banking sector

SBP appoints primary dealers for FY2025–26

July 9, 2025July 9, 2025Faisal Shahnawaz

Karachi, July 9, 2025 – The State Bank of Pakistan (SBP) has officially announced the appointment of primary dealers for the fiscal year 2025–26, in line with its framework for managing government securities.

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Pakistan receives all-time high $38.3 billion in remittances

July 9, 2025July 9, 2025Shahnawaz Akhter

Karachi, July 9, 2025 – Pakistan has achieved a major milestone by receiving an all-time high of $38.3 billion in remittances during the fiscal year 2024–25, according to data released by the State Bank of Pakistan (SBP) on Wednesday.

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rupee vs dollar

Rupee slides for fourth straight session against dollar

July 9, 2025July 9, 2025Faisal Shahnawaz

Karachi, July 9, 2025 – The Pakistani rupee extended its losing streak for the fourth consecutive session on Wednesday, continuing to slide against the US dollar in the interbank foreign exchange market.

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