Pakistan Revenue
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.
Islamabad, June 6, 2025 – Pakistan has taken a major step toward regulating digital assets by preparing a draft law that lays the foundation for a comprehensive framework to govern cryptocurrency and virtual assets in the country.
Continue Reading
The European Central Bank (ECB) has cut interest rates by 25 basis points, marking its latest effort to support the eurozone economy amid a cooling inflation environment. The move reflects growing confidence that inflation is steadily converging toward the ECB’s medium-term target.
Continue Reading
Karachi, June 5, 2025 – The Pakistani rupee witnessed a slight recovery against the US dollar in Thursday’s interbank trading, gaining support ahead of the Eid-ul-Adha holidays.
Continue Reading
Karachi, June 4, 2025 – The Pakistani rupee continued its downward trend on Wednesday, extending losses against the US dollar in the interbank foreign exchange market. At the close of trading, the rupee settled at PKR 282.22, marking a decline of 10 paisas from the previous day’s closing rate of PKR 282.12 in the interbank […]
Continue Reading
Karachi, June 3, 2025 — The Pakistani rupee continued its downward trajectory on Tuesday, depreciating by 15 paisas against the US dollar, primarily due to a spike in foreign payments ahead of the federal budget 2025-26.
Continue Reading
Karachi, June 3, 2025 — The State Bank of Pakistan (SBP) has officially announced its closure schedule in observance of Eid-ul-Adha, confirming that all banking operations will remain suspended from Friday, June 6 to Monday, June 9, 2025.
Continue Reading
Islamabad, June 2, 2025 – The legitimacy of the recently established Pakistan Crypto Council came under scrutiny during a meeting of the Senate Standing Committee on Information Technology, as several lawmakers expressed reservations about the Council’s legal standing and procedural transparency.
Continue Reading
Karachi, June 2, 2025 – The Pakistani rupee posted a modest improvement against the US dollar in the interbank market on Monday, buoyed by seasonal inflows and export receipts.
Continue Reading
Karachi, June 1, 2025 – The Pakistani rupee is likely to maintain its current stability against the US dollar in the days leading up to the presentation of the Budget 2025-26, which is scheduled for June 10.
Continue Reading
Karachi, May 30, 2025 – The State Bank of Pakistan (SBP) has issued a comprehensive clarification regarding the legal status of cryptocurrency in the country, reiterating its earlier stance on the issue.
Continue Reading