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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.

Workers’ Remittances Witness Growth of 32.5% in 8MFY25

March 10, 2025March 10, 2025Shahnawaz Akhter

Karachi, March 10, 2025 – The inflow of workers’ remittances has surged by an impressive 32.5% during the first eight months (July–February) of the fiscal year 2024-25, according to data released by the State Bank of Pakistan (SBP) on Monday.

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SBP report on banking sector

SBP Holds Policy Rate at 12% to Counter Inflationary Risks

March 10, 2025May 11, 2026Shahnawaz Akhter

Karachi, March 10, 2025 – The State Bank of Pakistan (SBP) announced on Monday that it will maintain the benchmark policy rate at 12%, citing the need to manage inflationary risks amid evolving economic conditions.

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rupee vs dollar

Interbank PKR to USD: Rupee Dips to 280.07 Against Dollar

March 10, 2025March 10, 2025Faisal Shahnawaz

Karachi, March 10, 2025 – The Pakistani rupee experienced a slight decline against the dollar on Monday, closing at PKR 280.07 in the interbank market, down by 10 paisas from last Friday’s rate of PKR 279.97.

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SBP May Cut Policy Rate Amid Decade-Low Inflation

March 9, 2025March 9, 2025Shahnawaz Akhter

Karachi, March 9, 2025 – The State Bank of Pakistan (SBP) is set to unveil its latest monetary policy statement on Monday, March 10, 2025. The central bank’s Monetary Policy Committee (MPC) will deliberate on potential adjustments to the benchmark policy rate amid an economic landscape marked by decade-low inflation.

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rupee vs dollar

Rupee Expected to Maintain Stable Pattern Against Dollar

March 9, 2025March 9, 2025Faisal Shahnawaz

Karachi, March 9, 2025 – The Pakistani rupee is likely to maintain its current trading pattern against the US dollar in the coming week.

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Finance Ministry 02

Pakistan to Launch Paperless Prize Bonds to Curb Black Money

March 9, 2025March 9, 2025Mrs. Anjum Shahnawaz

Islamabad, March 9, 2025 – Pakistan is gearing up to introduce paperless prize bonds as part of a comprehensive strategy to curb black money circulation and strengthen the documentation of the economy.

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Investment in Premium Prize Bonds Surges 13.21%

March 9, 2025March 9, 2025Shahnawaz Akhter

Karachi, March 9, 2025 – Investment in premium prize bonds has witnessed a significant surge of 13.21% over the past year, ending on January 31, 2025, according to the latest data released by the State Bank of Pakistan (SBP).

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National Savings

CDNS Announces Draw Schedule 2025 for Premium Prize Bonds

March 9, 2025March 9, 2025Shahnawaz Akhter

Islamabad: The Central Directorate of National Savings (CDNS) has officially announced the draw schedule for premium prize bonds for the year 2025. This announcement brings anticipation for investors who have placed their savings in premium prize bonds, offering lucrative prizes and periodic profit payments.

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state bank of pakistan 03

Ramadan Bank Timings in Pakistan Next Week

March 8, 2025March 8, 2025Faisal Shahnawaz

Karachi, March 8, 2025 – Citizens across Pakistan are advised to take note of the revised Ramadan bank timings for the upcoming week.

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finance image

SBP Imposes Rs 134.61 Million Penalty on JS Bank

March 8, 2025March 8, 2025Shahnawaz Akhter

Karachi, March 8, 2025 – The State Bank of Pakistan (SBP) has imposed a monetary penalty of Rs 134.61 million on JS Bank Limited during the calendar year 2024.

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  • Hyderabad Customs seizes 21 NCP vehicles in major anti-smuggling crackdown
  • NCCPL sets July 3, 2026 deadline for capital gains tax collection
  • OGDCL receives final Rs7.7 billion interest payment under circular debt settlement plan
  • Pakistan targets 2.2 million electric vehicles by 2030 under NEV Policy
  • Chinese investors repatriate record $456 million profit from Pakistan
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