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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 Continues Upward Trend Against Dollar Amid Optimism

March 27, 2025March 27, 2025Faisal Shahnawaz

Karachi, March 27, 2025 – The Pakistani rupee continued its upward trajectory against the US dollar on Thursday, appreciating by 4 paisas amid renewed optimism surrounding the country’s economic outlook.

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Finance Minister Aurangzeb

Pakistan to Issue Panda Bonds in Yuan This Year: Aurangzeb

March 26, 2025March 26, 2025Mrs. Anjum Shahnawaz

Islamabad, March 26, 2025 – Pakistan is preparing to enter China’s robust capital market by issuing Panda Bonds in Chinese yuan this year, according to Federal Minister for Finance, Senator Muhammad Aurangzeb.

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rupee vs dollar

Pakistani Rupee Strengthens Against Dollar on IMF Optimism

March 26, 2025March 26, 2025Faisal Shahnawaz

Karachi, March 26, 2025 – The Pakistani rupee gained 16 paisas against the US dollar on Wednesday, driven by renewed confidence from the International Monetary Fund (IMF) regarding Pakistan’s economic outlook.

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rupee vs dollar

PKR to USD: Rupee Drop Continues on Foreign Payments

March 25, 2025March 25, 2025Faisal Shahnawaz

Karachi, March 25, 2025 – The Pakistani rupee continued its downward trend against the US dollar in the interbank foreign exchange market on Tuesday, primarily due to the increasing pressure of foreign payments.

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UAE Dirham Currency

UAE Unveils Dh100 Banknote Ahead of Eid ul Fitr

March 24, 2025March 24, 2025Faisal Shahnawaz

The Central Bank of the UAE (CBUAE) has introduced a newly designed Dh100 polymer banknote, incorporating advanced security features and a design that highlights the UAE’s rich heritage and ambitious future.

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MCB Bank Building

MCB Bank Partners with Fauree Tech to Expand SME Financing

March 24, 2025March 24, 2025Faisal Shahnawaz

Lahore, March 24, 2025 – MCB Bank Limited, one of Pakistan’s leading financial institutions, has announced a strategic collaboration with Fauree Tech Pvt. Ltd., a fintech company specializing in digital supply chain finance solutions.

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rupee vs dollar

PKR to USD: Rupee Depreciates to 280.37 Amid Dollar Outflows

March 24, 2025March 24, 2025Faisal Shahnawaz

Karachi, March 24, 2025 – The Pakistani rupee weakened against the US dollar on Monday, closing at PKR 280.37 in the interbank foreign exchange market. The decline in the rupee’s value was primarily driven by increased dollar outflows related to import and corporate payments.

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rupee vs dollar

Eid Remittances Cushion Rupee Against Dollar Decline

March 21, 2025March 21, 2025Faisal Shahnawaz

Karachi, March 21, 2025 – Remittances related to Eid-ul-Fitr provided crucial support to the rupee on Friday, preventing a significant decline against the US dollar in the interbank foreign exchange market.

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SBP report on banking sector

SBP Announces Bank Holidays for Eid-ul-Fitr 2025

March 21, 2025March 21, 2025Faisal Shahnawaz

Karachi, March 21, 2025 – The State Bank of Pakistan (SBP) has officially announced the schedule for bank holidays in connection with Eid-ul-Fitr 2025.

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National Savings

Pakistan Adjusts Profit Rates on Savings Investments

March 21, 2025March 21, 2025Mrs. Anjum Shahnawaz

KARACHI – The government of Pakistan has made significant adjustments to the profit rates on national savings schemes, raising returns on several investment certificates by up to 70 basis points while simultaneously reducing the savings account rate by 100 basis points.

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