Envoy urges expatriates to benefit from RDA as deposits soar to $1.25b
KARACHI: Pakistan High Commissioner to Canada Raza Bashir Tarar Friday urged the overseas Pakistanis to take full advantage of the ...
Tag: State Bank of Pakistan
Govt aims to generate Rs5.9t to fund budget deficit: SBP
KARACHI: The government plans to raise Rs5.9 trillion from auctions of market treasury bills (MTBs) and Pakistan investment bonds ...
SBP to maintain policy rate at 7pc for next two months
KARACHI: Monetary Policy Committee says year-on-year inflation rate likely to remain elevated in coming months due to recent electricity tariff ...
SBP directs exchange companies to export foreign currencies other than US Dollars on consignment basis
MULTAN: The State Bank of Pakistan (SBP) has directed exchange companies to export foreign currencies other than US Dollars on ...
Pakistan’s economy to shed COVID-19 shock this year: SBP
KARACHI: The central bank said it expects the country's economy to shed the coronavirus shock this year and grow by ...
SBP cancels license of M/s Karwan Exchange Company on regulatory violation
KARACHI: The State Bank of Pakistan (SBP) cancelled the license of an exchange company for violation the regulatory provisions. The ...
SBP reduces Exchange Companies SLR requirement
KARACHI: The State Bank of Pakistan (SBP) on Thursday has announced to decrease the Statutory Liquidity Reserve (SLR) requirement of ...
Remittances hit all-time monthly high of $2.8b in April: SBP
KARACHI: State Bank of Pakistan (SBP) on Tuesday said that the inflow of workers’ remittances rose to an all-time monthly ...
Foreign exchange reserves increase to $22.91b
KARACHI: The foreign exchange reserves of the country increased by $167 million to $22.91 billion by week ended May 07, ...
SBP allows opening of banks during Eid holidays
KARACHI: The State Bank of Pakistan (SBP) directed banks to open their 50 percent branches on May 10 and 11, ...
State Bank of Pakistan announces Eid-ul-Fitr holidays
KARACHI: The State Bank of Pakistan on Tuesday announced it would remain closed from May 10-15 on account of Eid-ul-Fitr ...
SBP foreign reserves rise $2.6b to $16.1b
KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves increased by US$2,579 million and were recorded at $16,106 million ...
Foreign exchange reserves increase to $20.133b
KARACHI: The liquid foreign exchange reserves of the country increased by $91 million to $20.133 billion by week ended February ...
SBP foreign reserves surge $19m to $12.9b
KARACHI: The foreign exchange reserves in the country have witnessed an increase of US$19 million in the week ending on ...
SBP allows five days forward sale, purchase of foreign exchange against export proceeds
KARACHI: The State Bank of Pakistan (SBP) on Wednesday allowed five days forward sales and purchase of foreign exchange against ...
Govt mulling over to hike duty on over 1,000 imported items
ISLAMABAD: The federal government is planning to levy additional regulatory duty on more than a thousand imported items to generate $1.12 ...
SC declares donations for construction of dams tax-free
ISLAMABAD: The Supreme Court has maintained that the contributions made to the Diamer-Bhasha and Mohmand Dams Fund would not be ...
FDI up 11% in 8 months: China tops with $175 million investment
ISLAMABAD: Foreign Direct investment (FDI) in the country increased by 11 per cent in the first eight months of current ...
$2.649b remitted from SA: Remittances up 15.2pc to $8.981b against $7.792b in first half FY14-15
KARACHI: The inflow of remittance swelled to $8.981 billion in the first half of the current fiscal year, showing a ...
Remittances up 15.2pc to $8.981b against $7.792b in first half FY14-15
KARACHI: The inflow of remittance swelled to $8.981 billion in the first half of the current fiscal year, showing a ...
