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Tag: State Bank

SBP issues Rs75 coins
Pakistan
  • Web Desk
  • Aug 15, 2025
SBP unveils Rs75 coin to commemorate Marka-e-Huq

“the Rs75 denomination coin has been issued to honour the valour of Pakistan’s armed forces during Marka-e-Haq and to celebrate Independence Day with due dignity.”

bank account
Latest
  • Syed Raza Hassan
  • Jun 28, 2025
Over 70pc bank accounts in Pakistan hold less than Rs50,000

Notably, the number of people operating a bank account has jumped from a mere 16 per cent in 2015 to a staggering 64 per cent in 2023.

India asks IMF to reconsider $1b loan to Pakistan
World
  • AFP
  • May 16, 2025
India asks IMF to reconsider $1b loan to Pakistan

Despite India’s objections, the IMF last week approved a loan programme review for Pakistan, unlocking a $1 billion payment which the state bank said has already been received.

Pakistan current account surplus
Pakistan
  • Web Desk
  • Apr 17, 2025
Pakistan posts record monthly current account surplus

Strong remittance inflows, aided by stable exchange rates and regulatory reforms, have more than offset the trade gap, helping the current account swing into surplus.

Finance Minister Aurangzeb chairing meeting
Business
  • Web Desk
  • Apr 14, 2025
Aurangzeb calls for export-led, investment-driven growth

The meeting focused on how financial sector can better support government efforts to boost exports and attract FDI.

The State Bank is preparing to introduce a new series of Pakistani currency notes aimed at combating the persistent issue of counterfeiting.
Pakistan
  • Web Desk
  • Jan 29, 2025
New Pakistani currency notes to target counterfeiting

SBP monetary policy
Business
  • Web Desk
  • Dec 14, 2024
SBP expected to cut policy rate by 200bps on December 16

The State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) will meet on December 16 to decide on the country’s monetary policy.

SBP held forex reserves
Business
  • Web Desk
  • Sep 20, 2024
SBP-held forex reserves climb by $43 million in one week

The foreign exchange reserves held by the State Bank went up by $43 million, or 0.45 per cent, during the week ending on September 13.

Business
  • Web Desk
  • Sep 14, 2024
National Savings reduces interest rates on savings accounts

The move raised concerns among the public as savers and analysts alike  were worried and taken aback, respectively.

dollar pakistan
Latest
  • Hum News
  • Aug 26, 2024
Pakistani rupee gains 0.03 per cent against US dollar

The local currency closed at 278.42 per USD, compared to the previous session’s closing rate of 278.50 per USD.

Latest

Pentagon officials alarmed by pace of Tomahawk missile use in Iran war
  • Web Desk
  • 7 Minutes ago
Pentagon officials alarmed by pace of Tomahawk missile use in Iran war
IHC rejects bid to dismiss money laundering case against influencer Dr Fozila Abbasi
  • Web Desk
  • 44 Minutes ago
IHC rejects bid to dismiss money laundering case against influencer Dr Fozila Abbasi
Business leaders reject negative campaign against Pakistan’s GSP+ status
  • Web Desk
  • 1 Hour ago
Business leaders reject negative campaign against Pakistan’s GSP+ status
Kuwait praises Pakistan’s diplomatic role in Iran-US mediation
  • Web Desk
  • 2 Hours ago
Kuwait praises Pakistan’s diplomatic role in Iran-US mediation
Pakistan FM speaks to Chinese counterpart amid mediation push
  • Web Desk
  • 2 Hours ago
Pakistan FM speaks to Chinese counterpart amid mediation push
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