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.

PKR to USD: Rupee Dips to PKR 278.85 Against Dollar

Karachi, January 22, 2025 – The Pakistani rupee experienced a slight decline on Wednesday, falling by 3 paisas to reach PKR 278.85 against the US dollar in the interbank foreign exchange market. This marks a marginal drop from the previous day’s closing rate of PKR 278.82.
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January 22, 2025
PKR to EUR: Euro Gains Against Rupee Amid High Demand

The Euro (EUR) has shown significant strength against the Pakistani Rupee (PKR) over the past week, reflecting a growing demand for the European currency.
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January 22, 2025
SBP Alerts Public on Illegal Foreign Currency Transactions

Karachi, January 22, 2025 – The State Bank of Pakistan (SBP) has issued a stern warning to the general public against engaging in illegal transactions of foreign currency. Highlighting the risks and legal consequences, the SBP emphasized the importance of conducting all foreign exchange activities through authorized channels.
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January 22, 2025
PKR to USD: Rupee Weakens to PKR 278.82 in Interbank

Karachi, January 21, 2025 – The Pakistani rupee weakened to PKR 278.82 against the US dollar on Tuesday, driven by heightened foreign payment demand for the greenback.
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January 21, 2025
PKR to USD: Rupee Gains 6 Paisas to Dollar in Interbank

Karachi, January 20, 2025 – The Pakistani rupee strengthened against the US dollar on Monday, appreciating by 6 paisas in the interbank market.
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January 20, 2025
SBP Announces First Monetary Policy of 2025 on January 27

Karachi, January 20, 2025 – The State Bank of Pakistan (SBP) has confirmed that it will unveil the first Monetary Policy Announcement of 2025 on January 27.
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January 20, 2025
Binance and Coinbase Poised to List TRUMP Memecoin

The cryptocurrency market has been set abuzz as Binance and Coinbase, two of the world’s leading crypto exchanges, have confirmed their plans to list the much-hyped TRUMP memecoin.
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January 19, 2025
Rupee Expected to Stay Stable Amid Positive Economic Indicators

Karachi, January 19, 2025 – The Pakistani rupee is forecasted to remain stable in the upcoming week, beginning January 20, 2025, supported by steady inflows from remittances and exports. Analysts believe the local currency is benefiting from improved economic fundamentals and growing confidence in Pakistan’s financial outlook.
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January 19, 2025
Trump Launches Meme Coin $TRUMP, Shakes Up Crypto Market

Washington, January 19, 2025 – President-elect Donald Trump has taken the cryptocurrency world by storm with the launch of his own digital currency, $TRUMP, on Friday. The announcement caused a frenzy among crypto enthusiasts, sending its market capitalization soaring to an estimated $6 billion within hours.
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January 18, 2025
PKR to USD: Rupee Gains 15 Paisas Against Dollar in Interbank

Karachi, January 17, 2025 – The Pakistani rupee appreciated by 15 paisas against the US dollar on Friday, marking a notable recovery, driven by the country’s rising foreign exchange reserves and a substantial surplus in the current account.
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January 17, 2025