State Bank

Instead of empowering millions of jobless youngsters/students to take benefit from the mining of cryptocurrency, the panel of the State Bank of Pakistan has suggested a complete ban on crypto, …

Instead of empowering millions of jobless youngsters/students to take benefit from the mining of cryptocurrency, the panel of the State Bank of Pakistan has suggested a complete ban on crypto, …

Further increase in discount rate will increase cost of bank borrowings by private sector and govt

The central bank reserves are built by taking expensive foreign loans like floating the Eurobond and issuing the expensive Naya Pakistan Certificates.

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The State Bank said that reserves decreased mainly due to external debt repayments that included $1 billion against Pakistan Inter­national Sukuk.