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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.

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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Finance Minister Aurangzeb

Pakistan cracks down on money laundering and hawala networks

March 17, 2026March 17, 2026Hamza Shahnawaz

Islamabad, March 17, 2026 – Pakistan has launched a major nationwide crackdown on money laundering and illegal money transfer networks, including hawala and hundi operations, in a high-level government meeting chaired by Interior Minister Mohsin Naqvi and Federal Finance Minister Muhammad Aurangzeb.

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SBP report on banking sector

SBP raises affordable housing loan limit to Rs10 million

March 17, 2026March 17, 2026Faisal Shahnawaz

Karachi, March 17, 2026 – The State Bank of Pakistan (SBP) has increased the maximum loan size to Rs10 million under its Affordable Housing Scheme, aiming to boost home ownership and support first-time buyers across the country.

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Pakistan Rupee

SBP reports rupee appreciation amid rising oil prices and geopolitical risks

March 17, 2026March 17, 2026Faisal Shahnawaz

Karachi, March 17, 2026 – The Pakistani rupee strengthened slightly against the US dollar on Tuesday, with the State Bank of Pakistan (SBP) reporting an appreciation of 3 paisa in the interbank market. The local currency closed at Rs279.27 per dollar, up from Monday’s closing of Rs279.30.

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  • NA committee seeks explanation on new salary tax slabs
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