Jameel Ahmad says stronger reserves, record remittances and a stable external sector are laying the foundation for sustained economic growth
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Stay informed with SBP announcements, interest rates, banking policies, exchange rates, financial regulations, and economic updates.
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SBP Forex Reserves Climb to $16.5 Billion on Multilateral Inflows
Pakistan’s total liquid foreign exchange reserves reach $22 billion as central bank holdings post a weekly gain of $611 million.
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SBP Injects Rs2.26 Trillion into Banking System Through OMO
Central bank conducts conventional and Shariah-compliant liquidity injections with an eight-day tenor
KARACHI: The State Bank of Pakistan (SBP) injected Rs2.26 trillion into the banking system on Thursday through conventional and Shariah-compliant Open Market Operations (OMO) to maintain adequate liquidity in the financial market.
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SBP ends telegraphic transfer charges incentive scheme
Banks and exchange companies must continue offering free home remittance transactions despite withdrawal of central bank incentive
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Pakistan unveils post-2027 strategy for Riba-free financial system
Government, SBP and SECP outline roadmap to transform the financial sector while honouring all existing conventional financial commitments
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SBP to share high-risk banking data with FBR
Amendment to Income Tax Ordinance establishes centralized banking data repository for algorithm-based tax compliance checks
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Pakistan’s Foreign Exchange Reserves Drop $1.3 Billion on Debt Repayments
SBP expects reserves to rebound as $2.4 billion inflows arrive before fiscal year-end
KARACHI: Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) declined by $1.305 billion during the week ended June 19, 2026, mainly due to external debt repayments, the central bank said on Monday.
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Currency in circulation jumps to Rs11.93 trillion despite surge in digital payments
Cash in circulation rises by over Rs1 trillion in Q3 FY2025-26 as Pakistan balances growing digital adoption with continued reliance on physical currency
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SBP issues directives to banks on fiscal year-end tax collection
Banks directed to extend branch hours and keep digital payment channels operational to facilitate tax payments
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Pakistan’s digital payments hit 3.4 billion transactions in Q3 FY2025-26: SBP
Mobile banking apps, Raast and QR payments drive surge in digital transactions as retail payments reach Rs168.8 trillion
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