central bank

SBP’s foreign exchange reserves plunge to $5.5 billion

KARACHI: The foreign exchange reserves held by State Bank of Pakistan (SBP) continued their declining… Read More

Central bank clarifies ambiguities over GDP growth rate numbers

The estimate released by the NAC of 3.94 GDP growth rate for FY21 was approved… Read More

Saudi Arabia issues SR200 banknote to mark 5th anniversary of Vision 2030

The details regarding the SR200 banknote were shared by the Central Bank of Saudi Arabia… Read More

China central bank head says policy needs to selectively support growth, curb risks

“China’s macro leverage ratio is basically stable. We should provide positive incentives for economic entities… Read More

Oman’s central bank issues new copies of banknotes

The new copies of banknotes which will be traded as legal currencies along with the… Read More

India’s central bank makes unconventional rate cut in bid to spur growth

The Reserve Bank of India (RBI) lowered its benchmark interest rates for a fourth straight… Read More

Turkey sacks central bank governor

Turkey has sacked the governor of its central bank and replaced him with his deputy,… Read More

Central bank to issue Rs50 International Anti-Corruption Day commemorative coin

KARACHI: The State Bank of Pakistan (SBP) to issue Rs50 commemorative coin of International Anti-Corruption… Read More

FBR advises central bank to pay sales tax refunds to exporters

ISLAMABAD: The Federal Board of Revenue (FBR) has issued an advice to the State Bank… Read More

Foreign exchange reserves diminished by $98Mn, placed at $7.68 Billion

KARACHI: Foreign exchange reserves held by the central bank continues to show downward trend for the… Read More

Indian rupee plunges to new low against the dollar

MUMBAI: India's rupee hit fresh lows against the dollar Wednesday as emerging market currencies continue… Read More

Rupee depreciates- US dollar hits extraordinary record of Rs122 in interbank market

KARACHI: Pakistan’s currency is devalued sharply in the opening of the week as US dollar… Read More

Value of Pakistani Rupee remains stable against dollar

KARACHI: Pakistani rupee showed stability against US dollar in the inter-bank market on Tuesday compared with… Read More

Iran central bank bans cryptocurrency dealings

TEHRAN: Iran’s central bank has banned the country’s banks from dealing in cryptocurrencies, including Bitcoin,… Read More

Central bank takes measures for denomination of foreign currency transactions in Chinese Yuan

KARACHI: State Bank of Pakistan has taken comprehensive policy related measures to ensure that imports,… Read More

Central bank grants Bank of China approval to start banking in Pakistan

ISLAMABAD: The State Bank of Pakistan (SBP) on Monday granted Bank of China Limited approval… Read More

Imran Khan urges UAE central bank to disclose non-residents’ accounts details

ISLAMABAD: Declaring Iqama [work permit] a kind of protection and safe passage, Pakistan Tehreek-e-Insaf (PTI)… Read More

UAE central bank bars deals with Qatar-linked people

ABU DHABI: The United Arab Emirates (UAE) central bank has instructed local banks to stop… Read More

Indian central bank chief to step down in surprise move

MUMBAI: India's "rock star" central bank governor Raghuram Rajan, feted by foreign investors but under pressure… Read More

China central bank: speculators should not dominate sentiment

BEIJING: Speculators should not be allowed to dominate market sentiment regarding China's foreign exchange reserves… Read More