State Bank of Pakistan

State Bank cuts policy rate by 100bps to 7pc

The decision to cut the policy rate was taken at a meeting of the Monetary… Read More

SBP slashes interest rate by 100 basis points to 8pc

The State Bank of Pakistan (SBP) on Friday reduced the policy rate by 100 basis… Read More

SBP’s refinance scheme to secure jobs of over 500,000 employees

State Bank of Pakistan’s (SBP) refinance scheme will secure the jobs of over 500,000 employees… Read More

Foreign reserves decline as SBP pays debt payments

Pakistan’s foreign reserves currently stands at United States Dollar (USD) 17,387.5 million by March 27,… Read More

SBP allows one year moratorium on consumer loans’ principle

The SBP said this will not affect the credit history of the borrower. Read More

COVID-19: SBP announces doorstep cheque collection, other facilities

The state bank announced the measures aimed at limiting person-to-person interactions and provide ease of… Read More

Trade, current deficits witness decline as remittances rise in 2019-20

The current account deficit witnessed a 71 percent decline during the first eight months followed… Read More

SBP’s foreign exchange reserves climb to $12.78 billion

The country's net foreign reserves were calculated at $18.90 billion Read More

Remittances rise 5.4 percent to US$ 15.12bn during 2019-20

The remittances record an increase of $ 770.7 million during first eight months of 2019-20,… Read More

Banks to receive Hajj applications on Saturday and Sunday: SBP

The government scheme applications will be received until March 6 Read More

SBP reserves continue to record increase

Net liquid foreign reserves held by the country stand at $18.74 billion Read More

SBP increases payment limits for freelancers, notification issued

In order to broaden the scope of business-to-customer transactions through home remittance channel, SBP has… Read More

SBP governor to unveil new monetary policy today: spokesperson

The spokesperson said the SBP governor will announce monetary policy after the committee reviews the… Read More

‘IMF’s official’ Murtaza Syed appointed as deputy governor SBP

Murtaza Syed is currently the second such appointment at the top hierarchy of the SBP… Read More

Pakistan gained investments worth $1.8 billion in six months: SBP

The performance of the Pakistan stock market remained satisfactory with earnings of 4520 million dollars… Read More

SBP slaps penalties on five banks for violating regulations

The State Bank of Pakistan has slapped penalties worth Rs219 million on five commercial banks… Read More

SBP’s reserves rise $120 million to $9.23bn

The State Bank of Pakistan’s (SBP) net reserves increased by $120 million to $9.23 billion… Read More

Current account deficit falls to $1.5bn: SBP

The country’s current account deficit, in the first four months of the current fiscal year,… Read More

Dawood invites investors to take benefits from burgeoning opportunities

Advisor to Prime Minister for Commerce and Investment, Abdul Razak Dawood has invited investors to… Read More

Country’s foreign reserves fall to $14.99 billion

Total liquid foreign reserves stand at $14.99bn Read More