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.
Karachi, December 28, 2025 – The Pakistan Banks Association (PBA) has elected Zafar Masud, President and Chief Executive Officer of The Bank of Punjab, as its new Chairman, marking a significant leadership transition for the country’s banking industry.
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Karachi, December 26, 2025 – The State Bank of Pakistan (SBP) has issued a comprehensive regulatory framework aimed at strengthening the financial sector’s ability to manage climate-related financial risks, reflecting the country’s growing exposure to climate change impacts.
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Karachi, December 26, 2025 – Pakistan’s net foreign exchange (forex) reserves witnessed a modest decline of $66 million on a weekly basis, according to the latest data released by the State Bank of Pakistan (SBP) on Friday. Despite the drop, analysts believe the overall reserves position remains stable amid ongoing external payment pressures.
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Karachi, December 26, 2025 — The Pakistani rupee gained 3 paisa against the US dollar in the interbank foreign exchange market on Friday, continuing its gradual upward trend amid improving economic indicators.
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Karachi, December 22, 2025 — The State Bank of Pakistan (SBP) on Monday announced a nationwide bank holiday on December 25, 2025 (Thursday), in observance of Quaid-e-Azam Day and Christmas, in line with the public holiday declared by the Government of Pakistan.
(more…)Karachi, December 22, 2025 – The Pakistani rupee strengthened slightly against the US dollar on Monday, gaining 3 paisa in the interbank foreign exchange market, according to the State Bank of Pakistan (SBP).
(more…)Karachi, December 21, 2025 — The State Bank of Pakistan (SBP) has updated its Foreign Exchange Manual (FEM) regarding the remittance of foreign payments by entities operating through commercial banks. The changes aim to facilitate ease of doing business and align remittance procedures with current market practices.
(more…)Karachi, December 21, 2025 — The Pakistani rupee is expected to remain largely stable against the US dollar in the coming week, supported by steady dollar inflows from exporters and a continued improvement in the country’s foreign exchange reserves, currency market participants said.
(more…)Karachi, December 17, 2025 – The US dollar experienced a slight decline of 3 paisa against the Pakistani rupee in the interbank foreign exchange market on Wednesday. According to the latest data released by the State Bank of Pakistan (SBP), the dollar closed at Rs280.27, down from the previous day’s closing of Rs280.30, reflecting cautious market movements.
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Karachi, December 16, 2025 — The Institute of Cost and Management Accountants of Pakistan (ICMAP) has called on the government to focus on administrative and structural measures to control inflation, arguing that monetary policy alone is insufficient to address rising prices in key sectors of the economy.
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