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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 closes near 284 against dollar in interbank market

July 2, 2025July 2, 2025Faisal Shahnawaz

Karachi, July 2, 2025 – The Pakistani rupee came under renewed pressure on Wednesday, closing at PKR 283.95 against the US dollar in the interbank foreign exchange market.

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National Savings

CDNS slashes profit rates on major saving schemes

July 2, 2025July 2, 2025Shahnawaz Akhter

Karachi, July 2, 2025 – The Central Directorate of National Savings (CDNS) has announced a sharp reduction in profit rates across a wide range of saving schemes.

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SBP ends promotion schemes for home remittances

July 1, 2025July 1, 2025Faisal Shahnawaz

Karachi, July 1, 2025 – In a major policy shift, the State Bank of Pakistan (SBP) has announced the discontinuation of existing marketing and promotion schemes related to home remittances, effective from July 1, 2025.

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state bank of pakistan 03

SBP declares bank holidays for Muharram 2025

July 1, 2025July 1, 2025Faisal Shahnawaz

Karachi, July 1, 2025 – The State Bank of Pakistan (SBP) has officially announced bank holidays across the country in observance of Muharram 2025, marking the sacred days of Ashura.

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rupee vs dollar

PKR vs USD: Rupee ends FY25 at 283.76 amid high dollar demand

June 30, 2025June 30, 2025Faisal Shahnawaz

Karachi, June 30, 2025 – The Pakistani rupee ended the fiscal year 2024–25 on a stable note, closing at PKR 283.76 against the US dollar in the interbank foreign exchange market on Monday.

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rupee vs dollar

Rupee poised for recovery against dollar as new fiscal year begins

June 29, 2025June 29, 2025Faisal Shahnawaz

Karachi, June 29, 2025 – The Pakistani rupee is expected to begin the new fiscal year 2025–26 on a stronger note against the dollar, supported by healthy foreign inflows and a more stable external economic environment.

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rupee vs dollar

Rupee edges lower amid year-end dollar demand in interbank

June 27, 2025June 27, 2025Faisal Shahnawaz

Karachi, June 27, 2025 — The Pakistani rupee recorded a slight dip against the US dollar on Friday as increased demand for the greenback emerged due to year-end import and corporate settlement requirements.

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SBP issues banking schedule for fiscal year-end tax collection

June 27, 2025June 27, 2025Shahnawaz Akhter

Karachi, June 27, 2025 — The State Bank of Pakistan (SBP) has released a comprehensive banking schedule aimed at facilitating the collection of government duties and taxes at the end of the fiscal year 2024–25.

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state bank of pakistan 03

SBP declares bank holiday on July 1, 2025

June 27, 2025June 27, 2025Faisal Shahnawaz

Karachi, June 27, 2025 – The State Bank of Pakistan (SBP) has officially declared a bank holiday for Tuesday, July 1, 2025. This annual closure is part of the central bank’s traditional year-end financial closing operations.

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rupee vs dollar

Rupee shows signs of strength against dollar in Interbank

June 26, 2025June 26, 2025Faisal Shahnawaz

Karachi, June 26, 2025 – The Pakistani rupee continued its upward trajectory for the third consecutive day on Thursday, posting modest gains against the US dollar in the interbank market.

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