Karachi/Islamabad: The State Bank of Pakistan’s (SBP) recent decision to cut its benchmark policy rate by 100 basis points to 11% has drawn sharp criticism from Pakistan’s business community, which …
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SBP Cuts Policy Rate by 100 Basis Points to 11%
by Umar Sohailby Umar SohailKarachi/Islamabad: At its meeting today, the Monetary Policy Committee (MPC) of the SBP decided to reduce the policy rate by 100 basis points to 11 percent, effective from May 6, …
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MPC Decision: Expectations to Cut or No Change
by Umar Sohailby Umar SohailIslamabad/Karachi: The upcoming meeting of the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has generated a lot of attention, as analysts remain divided on whether the …
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Islamabad: Pakistan’s trade deficit with the Middle East has surpassed $10.5 billion during the first nine months of fiscal year 2024-25 (9MFY25), reflecting a 10.11% increase from the $9.538 billion …
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SBP Finds Instability Key Reason behind Low FDI
by Umar Sohailby Umar SohailKarachi: Chief reasons hindering FDI include persistent political and economic instability, high taxation levels, and inadequate infrastructure. The State Bank of Pakistan (SBP), in its latest economic report, has identified …
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Islamabad, Apr 30, 2025: The State Bank of Pakistan (SBP) is set to unveil its latest monetary policy decision on Monday, May 5, 2025, according to a formal update released …
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Vigilant Financial Management Needed to Create External Reserves; SBP
by Umar Sohailby Umar SohailIslamabad: SBP has emphasized the need to enhance external external reserves to avoid any external shock with vigilant financial management with cutting risks. The State Bank of Pakistan (SBP), in …
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Pakistan Requests Debt Rollover, Currency Swap Increase from China
by Umar Sohailby Umar SohailISLAMABAD: Pakistan’s Finance Minister, Muhammad Aurangzeb, on Wednesday requested China to roll over the country’s guaranteed debt and increase the current $4.3 billion currency swap agreement. This move is aimed …
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Debt Payments: SBP Foreign Exchange Reserves Drop by $367 Mln
by Umar Sohailby Umar SohailKARACHI: The State Bank of Pakistan (SBP) reported a further decline in its foreign exchange reserves, which fell by $367 million to reach $10.205 billion during the week ending April …
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Pakistan’s Financial Sector Shows Strong Resilience and Performance in 2024: SBP
Islamabad, Apr 24, 2025: The State Bank of Pakistan (SBP) has unveiled its much-anticipated Financial Stability Review (FSR) for the fiscal year 2024, offering in-depth insights into the country’s financial …