KARACHI: The liquid foreign exchange of the country increased by $148 million to $18.271 billion by week ended January 17, 2020, the State Bank of Pakistan (SBP) said on Thursday. Read more »
KARACHI: State Bank of Pakistan (SBP) will announce monetary policy for next two months on Tuesday, January 28, 2020, a statement said on Tuesday. Read more »
KARACHI: State Bank of Pakistan (SBP) on Monday said any laxity by banks in collection of donations for Dam Funds will tantamount to contempt of court. Read more »
KARACHI: The current account deficit has narrowed by 75 percent during first half (July-December) 2019/2020 owing to significant inflows and reduction in trade deficit. Read more »
KARACHI: The foreign exchange reserves of the country have increased by $39 million to $18.123 billion by week ended January 10, 2020 as compared with $18.084 billion a week ago, State Bank... Read more »
KARACHI: The foreign direct investment (FDI) into Pakistan has increased by 68.3 percent during first six months (July – December) of 2019/2020 owing to lower outflows during the period, according to data... Read more »
KARACHI: State Bank of Pakistan (SBP) has imposed monetary penalty on five banks including Summit Bank, Habib Metropolitan Bank, MCB Bank, National Bank of Pakistan and Bank Alfalah for violating regulatory environment. Read more »
KARACHI: People can surrender Rs40,000 denomination bearer prize bonds by March 31, 2020 and exchange the amount with registered bonds or other given options. Read more »
KARACHI: Overseas Pakistanis have sent $11.4 billion during first half (July – December) 2019/2020, which is 3.31 percent higher than remittances received in the same period of the last fiscal year, State... Read more »
KARACHI: About 10 banks have signed an agreement on Friday to establish Pakistan Corporate Restructuring Company Limited (PCRCL). Read more »
KARACHI: State Bank of Pakistan (SBP) on Friday said that exchange rate has been determined by market forces on the basis of demand and supply. Read more »
KARACHI: The deposits of banking system have increased to all time high of Rs14.63 trillion by December 2019, according to data released by State Bank of Pakistan (SBP). Read more »