–Central bank terms latest increase in inflation as ‘transitory’ in nature –SBP says projection for real GDP growth for FY20 likely to be revised downward –Announces Rs200b support package for exporters KARACHI: The State…
–Analysts say policy rates will be lowered once currency stabilises, exports recover and inflation recedes to a single-digit KARACHI: Amid concerns about the high policy rate and its adverse impact on the…
KARACHI: The State Bank of Pakistan (SBP) will announce its Monetary Policy on Monday (today). According to analysts, the interest rate is likely to be reviewed in forthcoming monetary policy. Pakistan is facing…
ISLAMABAD: The Prime Minister and Chief Justice of Pakistan Diamer Bhasha and Mohmand Dam Fund has so far received Rs10.36 billion. The countrywide contribution to the fund stood at Rs8.826 billion while…
KARACHI: The State Bank of Pakistan (SBP) on Friday increased the policy rate by 50 basis points, raising it to 10.75 per cent. A SBP statement on the monitory policy said the…
KARACHI The State Bank of Pakistan has issued a circular advising banks/development finance institutions (DFIs) that they may accept PoR Card issued by National Database & Registration Authority (NADRA) as an identity document for…
ISLAMABAD: Prime Minister and Chief Justice of Pakistan’s (CJP) Diamer-Bhasha and Mohmand Dams Fund has so far received over Rs9 billion. According to an update issued by State Bank of Pakistan (SBP), the…
KARACHI: The State Bank of Pakistan (SBP) on Thursday categorically denied a news item claiming that the ruling Pakistan Tehreek-e-Insaf (PTI) has 18 undeclared bank accounts across the country as per its…
–ADFD says will ‘deposit amount in coming days to enhance liquidity and monetary reserves of foreign currency at SBP’ –PM Imran thanks Emirates for ‘supporting Pakistan so generously in our testing times’ –Finance…
Pakistanis in the country and from across the world have so far donated Rs7.97 billion for Diamer-Bhasha and Mohmand Dams fund. According to an update issued by the State Bank of Pakistan…
Banks pay for obsolete security and casual approach Time was when a bank meant a solid institution providing absolute financial security, which one approached with some trepidation for opening an account…
The State Bank of Pakistan (SBP) announced issuing of a Rs50 Sir Syed Ahmed Khan commemorative coin from October 17, the birth anniversary of the renowned Muslim scholar. Sir Syed Ahmed Khan…
–Lahore’s Metro Bus & Orange Line Train, Karachi’s Green Line, BRT of Peshawar to come under scanner –Assets Recovery Unit on top agenda in PM Khan-led cabinet meeting ISLAMABAD: The federal cabinet is…
The State Bank of Pakistan (SBP) on Saturday denied reports of a change in currency notes, clarifying that banknotes in the county have not been changed, a private media outlet reported. According…
ISLAMABAD: The Islamabad High Court (IHC) on Tuesday dismissed a petition challenging the appointment of State Bank of Pakistan (SBP) Governor Tariq Bajwa. The petition, filed by 23 senators largely belonging to…
SC orders efficient fundraising campaign MIRPUR: In the wake of the Supreme Court (SC) of Pakistan’s historic judgement of July 4 aimed at expediting the construction of two mega dams including Diamer…
The State Bank of Pakistan (SBP) on Monday sent a list of 100 candidates to the Election Commission of Pakistan (ECP) after identifying them as bank defaulters. According to sources, some of…
