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 Inches Up 3 Paisas Against Dollar in Interbank Market

Karachi, January 10, 2025 – The Pakistani rupee recorded a slight improvement, gaining 3 paisas against the US dollar by the close of the interbank foreign exchange market on Friday. The rupee concluded trading at PKR 278.58 to the dollar, compared to the previous day’s closing rate of PKR 278.61.
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January 10, 2025
Pakistan Receives $17.85 Billion from Expatriates in 1HFY25

Karachi, January 10, 2025 – Pakistan recorded an impressive $17.85 billion in remittances from its expatriates during the first half (July–December) of the fiscal year 2024-25, showcasing a robust 38% year-on-year (YoY) increase compared to $13.44 billion received during the same period last fiscal year.
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January 10, 2025
Rupee Gains 11 Paisas Against Dollar in Interbank Market

Karachi, January 9, 2025 – The Pakistani rupee witnessed a modest recovery on Thursday, appreciating by 11 paisas against the US dollar in the interbank foreign exchange market.
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January 9, 2025
SBP Governor Expects Further Inflation Relief

Karachi, January 9, 2025 – The State Bank of Pakistan (SBP) Governor, Jameel Ahmad, expressed optimism about further easing of inflation in January, with expectations of fluctuations in the following months.
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January 9, 2025
Rupee Weakens Marginally by 5 Paisas Against Dollar

Karachi, January 8, 2025 – The Pakistani rupee experienced a slight decline of 5 paisas against the US dollar in the interbank foreign exchange market on Wednesday, closing at PKR 278.72 compared to the previous day’s rate of PKR 278.67.
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January 8, 2025
Rupee Declines to PKR 278.67 Against Dollar in Interbank Market

Karachi, January 7, 2025 – The Pakistani rupee weakened further on Tuesday, closing at PKR 278.67 against the US dollar in the interbank foreign exchange market. This slight depreciation is primarily linked to heightened demand for dollars, driven by increasing import payments.
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January 7, 2025
Rupee Sheds 6 Paisas on Dollar Demand for Import Payments

Karachi, January 6, 2025 – The Pakistani rupee experienced a modest decline of 6 paisas against the US dollar on Monday, closing at PKR 278.62, compared to last Friday’s closing of PKR 278.56 in the interbank foreign exchange market.
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January 6, 2025
Rupee Forecast: Stability Expected Through Fiscal Year 2025

The Pakistani rupee is expected to remain stable in the coming weeks, supported by improved economic perceptions and positive sentiment among stakeholders. Analysts project that the rupee will maintain its current trends over the next several months.
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January 5, 2025
Interbank Rates: Rupee Recovers 8 Paisas Against Dollar

Karachi, January 3, 2025 – The Pakistani rupee gained 8 paisas against the US dollar in the interbank foreign exchange market on Friday, closing at PKR 278.56 to the dollar.
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January 3, 2025
Rupee Registers Modest Decline of 9 Paisas Against Dollar

Karachi, January 2, 2025 – The Pakistani rupee experienced a modest decline of 9 paisas on Thursday, January 2, 2025, closing at PKR 278.64 to the dollar in the interbank foreign exchange market, down from PKR 278.55 on December 31, 2024.
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January 2, 2025