The State Bank of Pakistan’s decision to allow regulated banking access for Pakistan Virtual Asset Regulatory Authority (PVARA)-licensed virtual asset service providers (VASPs) marks a significant policy shift—arguably one of the most consequential in the country’s financial regulatory landscape since 2018.
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Stay informed with SBP announcements, interest rates, banking policies, exchange rates, financial regulations, and economic updates.
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Banks flood T-bill auction as SBP receives Rs4 trillion bids
KARACHI, April 15, 2026 — Pakistan’s commercial banks aggressively participated in the latest treasury bill auction on Wednesday, submitting bids worth more than Rs4 trillion against a government target of Rs1.35 trillion, underscoring ample liquidity in the banking system.
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Bank deposits in Pakistan hit record Rs37.51 trillion: SBP
KARACHI, April 15, 2026 – Bank deposits in Pakistan surged to an all-time high of Rs37.51 trillion by the end of March 2026, according to data released by the State Bank of Pakistan (SBP) on Wednesday, reflecting continued growth in the country’s banking sector despite monetary easing.
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Pakistan banks see Rs141bn rise in manufacturing deposits in March 2026
KARACHI, April 14, 2026 — Commercial banks in Pakistan recorded an increase of more than Rs141 billion in deposits from the manufacturing sector in March 2026, reflecting shifting liquidity patterns amid heightened geopolitical uncertainty, according to data released by the State Bank of Pakistan (SBP).
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Pakistan allows short-term forward deals to boost remittances
The State Bank of Pakistan has allowed exchange companies to enter into short-term forward sale transactions with banks for up to five working days against incoming home remittances, in a move aimed at enhancing inflows and improving liquidity management.
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Pakistan’s government debt rises by nearly Rs2 trillion in FY26: central bank
Karachi, April 10, 2026 – Pakistan’s central government debt increased by nearly Rs2 trillion during the first eight months of fiscal year 2025-26, driven largely by higher domestic borrowing to meet financing needs, data released by the State Bank of Pakistan showed on Thursday.
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Pakistan forex reserves rise by $105 million, central bank says
KARACHI, April 9 – Pakistan’s foreign exchange reserves increased by $105 million in the week ended April 3, the State Bank of Pakistan said on Thursday, offering modest support to the country’s external position.
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SBP Releases Interbank Exchange Rates for April 9, 2026
Karachi, April 9, 2026 — The State Bank of Pakistan (SBP) has issued the latest daily interbank currency exchange rates for Thursday, providing essential guidance for banking customers and businesses involved in foreign trade.
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Pakistan receives $3.8 billion in remittances in March 2026 despite Iran war
Karachi, April 8, 2026— Pakistan recorded strong inflows of workers’ remittances in March 2026, reaching $3.8 billion despite ongoing geopolitical tensions linked to the Iran conflict. The figures were released by the State Bank of Pakistan (SBP) on Wednesday, highlighting the resilience of overseas Pakistanis during a period of global uncertainty.
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SBP releases latest interbank exchange rates: April 8, 2026
Karachi, April 8, 2026 – The State Bank of Pakistan has released the latest daily interbank foreign exchange rates for Wednesday, providing key reference rates to support banking customers, businesses, and financial institutions across the country.
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