Trade gap swells to $43b in Jul-May
ISLAMABAD: Pakistan’s trade deficit rose steeply to $43.3 billion in 11 months of the current fiscal year with imports hitting ...
Tag: central bank
SBP reserves fall $59m to $10.5b
KARACHI: The foreign exchange reserves held by the central bank decreased 0.56% on a weekly basis, according to data released ...
SBP reserves rise $36m to $10.89b
KARACHI: The foreign exchange reserves held by the central bank increased 0.33% on a weekly basis, according to data released ...
Banks approve housing finance amounting to Rs180 billion
KARACHI: Banks have shown strong progress in approving and disbursing financing under the ‘Mera Pakistan Mera Ghar’ (MPMG) scheme against ...
All banks to open at 8 am: State Bank
All banks opened their doors to the public at 8:00 a.m. today (Thursday) as per the State Bank of Pakistan’s ...
SBP reserves drop $728m to $11.32 billion
KARACHI: The foreign exchange reserves held by the central bank decreased 6.04% on a weekly basis, according to data released ...
State Bank’s digital banking scheme gets robust response
KARACHI: State Bank of Pakistan’s (SBP) digital banking licences scheme has received a robust response from the financial institutions as ...
Remittances hit an all-time high of $15.8bln in July-December
KARACHI: Remittances from Pakistani workers employed abroad surged to $15.8 billion in the first six months of this fiscal year, ...
Good News’: Pakistan Gets $3 Billion From Saudi Arabia
KARACHI: The State Bank of Pakistan (SBP) received on Saturday $3 billion as a loan from the Kingdom of Saudi ...
Monetary policy: SBP jacks up interest rate by 150 bps to 8.75%
KARACHI: In line with market expectations, the State Bank of Pakistan (SBP) on Friday announced an increase of 150 basis ...
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The rupee rises by Rs1.7 against the dollar on expectations of a renewed IMF program
KARACHI: On Wednesday, the local currency gained Rs1.75 against the US dollar in the interbank market as Pakistan got the...
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