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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 gains 3 paisa against USD after IMF approval

April 1, 2026April 1, 2026Faisal Shahnawaz

Karachi, April 1, 2026 – The Pakistani rupee recorded a modest gain of 3 paisa against the US dollar on Wednesday, supported by positive market sentiment following the approval of a Staff-Level Agreement with the International Monetary Fund (IMF). The development has paved the way for Pakistan to potentially access $1.21 billion in external funding.

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Bank Alfalah

Bank Alfalah sees interest rate hike risk amid Iran conflict

March 31, 2026March 31, 2026Faisal Shahnawaz

Karachi, March 31, 2026 – Bank Alfalah Limited has indicated a possible upward trend in interest rates in the coming months, citing heightened geopolitical tensions stemming from the ongoing Iran conflict.

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Pakistan Rupee

Pakistani rupee strengthens amid Iran conflict, gains 30 paisa

March 27, 2026March 27, 2026Faisal Shahnawaz

Karachi, March 27, 2026 – The Pakistani rupee has gained 30 paisa against the US dollar since the outbreak of the Iran war on February 28, 2026, demonstrating resilience despite rising global uncertainties.

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cryto currency Pakistan

Sharia crypto safer than Bitcoin? ICMAP says yes

March 26, 2026March 26, 2026Faisal Shahnawaz

Institute of Cost and Management Accountants of Pakistan (ICMAP) has highlighted the growing potential of Sharia-compliant cryptocurrencies, stating that digital assets such as X8X Token and OneGram are emerging as more reliable and stable investment options compared to traditional safe-haven assets.

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SBP report on banking sector

SBP unveils major changes to foreign currency accounts

March 25, 2026March 25, 2026Faisal Shahnawaz

Karachi – The State Bank of Pakistan (SBP) has issued comprehensive new instructions for banks regarding the opening, operation, and maintenance of foreign currency accounts and non-resident rupee accounts, aiming to boost foreign investment and improve financial access.

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state bank of pakistan 03

SBP expands Roshan Digital Accounts to foreign investors

March 25, 2026March 25, 2026Faisal Shahnawaz

Karachi – The State Bank of Pakistan (SBP) has introduced key regulatory changes to expand the scope of Roshan Digital Accounts (RDA), allowing broader access for non-resident individuals and foreign corporate entities.

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rupee vs dollar

Rupee gains against dollar amid post-Eid trading and stable inflows

March 24, 2026March 24, 2026Faisal Shahnawaz

Karachi, March 24, 2026 – The Pakistani rupee posted a modest gain against the US dollar on Tuesday, supported by strong inflows and regulatory measures, despite pressure from import payments and elevated global oil prices linked to tensions involving Iran.

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SBP cancels licenses of two exchange companies in crackdown

March 24, 2026March 24, 2026Faisal Shahnawaz

Karachi, March 24, 2026 – The State Bank of Pakistan (SBP) has intensified its crackdown on illegal financial activities by cancelling the licenses of two money exchange companies over serious regulatory violations.

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SBP reports record 3.4 billion transactions in Pakistan

March 19, 2026March 19, 2026Shahnawaz Akhter

Karachi, March 19, 2026 – The State Bank of Pakistan has reported a record 3.4 billion retail transactions for the quarter ended December 31, 2025, highlighting continued growth in digital payments and financial inclusion across the country.

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state bank of pakistan 03

SBP reveals latest lending, deposit rates for February 2026

March 18, 2026March 18, 2026Faisal Shahnawaz

Karachi, March 18, 2026 – The State Bank of Pakistan (SBP) on Wednesday released the weighted average lending and deposit rates for February 2026, showing a slight easing in borrowing costs and stable returns on deposits across the banking sector.

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