Maximum Rs3,000 allowed to take out from Pakistan to India

KARACHI: A person is allowed to take out Pakistani currency a maximum amount of Rs3,000 for traveling to India. Read more »

Rupee ends stable in open market

KARACHI: The Pak Rupee ended stable against dollar in the open market on Saturday owing to lower demand of foreign currency. Read more »

SBP’s deposit protection corp becomes member of IADI

KARACHI: The Secretariat of International Association of Deposit Insurers (IADI) has decided to admit Deposit Protection Corporation (DPC), State Bank of Pakistan as IADI Member. DPC is the 84th member of the... Read more »

Allied Bank expects interest rate increase by 200bps in CY19

KARACHI: Allied Bank Limited (ABL) is expecting increase in interest rate by 200 basis points during calendar year 2019. Read more »

Rupee makes significant gain ahead of Saudi Crown Prince visit

KARACHI: The Pak Rupee made significant gain against dollar on Friday ahead of the visit of Saudi Crown Prince, which was as per the government announcement bulk of investment treaties may be... Read more »

Rupee gains in early trading on Saudi investment expectations

KARACHI: The Pak Rupee gained against dollar in early trading Friday owing to expectations of investment on visit of Saudi Crown Prince, which is scheduled on December 16, 2019. Read more »

Rupee ends flat on lackluster dollar demand

KARACHI: The Pak Rupee ended flat against US dollar on Thursday amid lackluster demand for import and corporate payments. Read more »

SBP directs banks to display contact details to facilitate customers

KARACHI: State Bank of Pakistan (SBP) on Thursday directed all banks to display prominently contact details to facilitate customers in case of complaints and other issues. Read more »

Rupee gains in early trading on investment announcement

KARACHI; The Pak Rupee gained two paisas against US dollar in early day trading on Thursday on the announcement of huge investment by Saudi government. Read more »

Investment in unregistered prize bonds increases by 17pc to Rs922.78 billion

KARACHI: The investment in unregistered prize bonds has increased by 17 percent to Rs922.78 billion by month-end of December 2018 as against ending stock of Rs788.4 billion in the same month a... Read more »