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 raises affordable housing loan limit to Rs10 million
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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FDI in Pakistan plunges 33% in 8MFY26, but February brings surprise recovery
Karachi, March 16, 2026 – Pakistan’s foreign direct investment (FDI) inflows declined by over 33% during the first eight months of the current fiscal year 2025-26, the State Bank of Pakistan (SBP) reported on Monday.
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Pakistan achieves $427M current account surplus in February 2026
Karachi, March 16, 2026 – Pakistan’s current account posted a surplus of $427 million in February 2026, according to the latest figures released by the State Bank of Pakistan (SBP) on Monday. This marks the largest monthly surplus since March 2025, when the country recorded $1.28 billion, highlighting improving external sector performance.
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SBP announces two-day bank holidays for Eid-ul-Fitr 2026
Karachi, March 16, 2026 – The State Bank of Pakistan (SBP) has officially declared that all banks will remain closed for two days to observe Eid-ul-Fitr 2026. According to BPRD Circular Letter No. 06, the SBP informed the presidents and chief executives of all banks, Development Finance Institutions (DFIs), and Microfinance Banks (MFBs) regarding the holiday schedule.
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SBP permits CIF-based oil imports amid Iran war uncertainty
Karachi, March 11, 2026 – The State Bank of Pakistan (SBP) has temporarily allowed the import of crude oil and petroleum products on CIF (Cost, Insurance, and Freight) basis for a period of 60 days, citing uncertainty arising from the ongoing Iran war and the strategic importance of energy supplies for the country.
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Government borrowing from commercial banks surges 203% in 8MFY26
Karachi, March 11, 2026 – The State Bank of Pakistan reported a staggering 203% surge in government borrowing from commercial banks during the first eight months (July–February) of the fiscal year 2025-26, compared to the same period last year.
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SBP Releases Today’s Interbank Foreign Exchange Rates – March 11, 2026
Karachi, March 11, 2026 – The State Bank of Pakistan has released the latest interbank foreign exchange rates for Wednesday, March 11, 2026, providing updated currency rates to assist banking consumers, traders, and businesses in planning their foreign transactions.
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Pakistan receives $26.50 billion in workers’ remittances in 8MFY26: SBP
Karachi, March 10, 2026 – The State Bank of Pakistan (SBP) reported that overseas Pakistani workers sent $26.50 billion in remittances during the first eight months (July to February) of the current fiscal year 2025-26. This represents a 10.5% increase compared to $23.98 billion received during the same period last year.
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SBP Releases Interbank Foreign Exchange Rates for March 10, 2026
Karachi, March 10, 2026 – The State Bank of Pakistan (SBP) has released the daily interbank foreign exchange rates for Tuesday, providing updated currency values to facilitate banking customers, businesses, and financial market participants across Pakistan.
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