SBP

Macroeconomic conditions of Pakistan deteriorated in the first half of FY23: SBP The State Bank of Pakistan (SBP) released its Half Year Report for FY23 on the State of Pakistan’s …

SBP reports a current account surplus for the second consecutive month in March 2023, but it falls to $18 million The State Bank of Pakistan today released the latest balance …

State Bank not authorized to release funds directly, says Sima Kamil ISLAMABAD: Sima Kamil, acting governor of the State Bank of Pakistan today informed the National Assembly’s Standing Committee on …

SC orders State Bank Governor to release Rs21 billion for elections in Punjab ISLAMABAD: The Supreme Court of Pakistan today ordered the Governor State Bank of Pakistan to release Rs …

Despite 80% fall in car sales, banks gave Rs326 billion for car financing in Feb-2023 ISLAMABAD: Despite a massive 80 per cent decline in the sales of automobiles in Pakistan …

Foreign exchange reserves surge for the third consecutive week ISLAMABAD: For the third consecutive week, the foreign exchange reserves of Pakistan edged up in the week ending March 10. The …

Earlier, the central bank’s discount rate was at 17 percent which was increased by 300 basis points on Thursday afternoon.

This time and, in fact, for the first time, Meezan Bank took the lead over all other leading banks in earning profit in 2022.

ISLAMABAD: The current account deficit of Pakistan has plunged by 90% in the month of January 2023 in comparison with the same month last year. In Jan-2023, the CAD dropped …

ISLAMABAD: The State Bank of Pakistan today reported an unexpected increase of $276 million in its reserves. The SBP’s reserves amounted to $3.19 billion by the weed ending 10th February …