Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 15,967.7 million as of 15-Nov-2024. The break-up of the foreign reserves position is as under: i) Foreign reserves…
SBP Issues License to M/s. E-Processing Systems Private Limited to Commence Commercial Operations
The SBP has given License to M/s. E-Processing Systems Private Limited (EPSPL) to commence commercial operations as an Electronic Money Institution (EMI). Under the license, the EMI shall offer e-money…
SBP to Celebrate Women Entrepreneurship Day on November 19, 2024
The State Bank of Pakistan (SBP) will celebrate Women Entrepreneurship Day (WED) on November 19, 2024, across Pakistan through its 16 field offices. The key event will be held at…
Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 15,965.5 million as of 08-Nov-2024. The break-up of the foreign reserves position is as under: i) Foreign reserves…
Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 15,931.8 million as of 01-Nov-2024. The break-up of the foreign reserves position is as under: i) Foreign reserves…
Monetary Policy Statement
1. At its meeting today, the Monetary Policy Committee (MPC) decided to cut the policy rate by 250 basis points to 15 percent, effective from November 5, 2024. The Committee…
2.5 percent cut in interest rate not in line with declining trend in inflation: Jawed Bilwani
KARACHI: President of the Karachi Chamber of Commerce and Industry (KCCI), Muhammad Jawed Bilwani, while commenting on the State Bank’s decision to reduce the interest rate by 2.5 percent, bringing…
Bilwani urges SBP to cut policy rate by 300 to 500 basis points
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Jawed Bilwani has urged the Central Bank to reduce policy rate by 300 to 500 basis points in the next…
SECP Alerts Public to Surge in the Number of Fraudulent Trading Platforms promoted through Social Media
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) warns the public regarding a surge in fraudulent investment schemes being promoted on social media platforms, including Facebook, Instagram, and WhatsApp.…
Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 16,049.0 million as of 25-Oct-2024. The break-up of the foreign reserves position is as under: i) Foreign reserves…
Monetary Policy Announcement
The Monetary Policy Committee (MPC) of SBP will meet on Monday, November 04, 2024 to decide about the Monetary Policy. Later on, SBP will issue the Monetary Policy Statement through…
Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 16,017.1 million as of 18-Oct-2024. The break-up of the foreign reserves position is as under: i) Foreign reserves…
SBP releases Governor’s Annual Report 2023-24
The fiscal year 2024 witnessed improvements across key macroeconomic indicators after two challenging years, according to the Governor’s Annual Report (GAR) for FY24 released by the State Bank of Pakistan…
Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 16,111.3 million as of 11-Oct-2024. The break-up of the foreign reserves position is as under: i) Foreign reserves…
SBP to Celebrate Women Entrepreneurship Day on November 19, 2024
The State Bank of Pakistan (SBP) will celebrate Women Entrepreneurship Day (WED) on November 19, 2024. The event will be inaugurated by Governor SBP Mr. Jameel Ahmad at the SBP.…
Result of SBP OMO Injection
Result of SBP Open Market Operations (OMO)-Injection Result of SBP Open Market Operations (OMO)-Injection Result of SBP Shariah Compliant (OMO)-Injection Result of SBP Shariah Compliant (OMO)-Injection MTB Buyback Web Result…
SBP releases Annual Payment Systems Review for FY24
The State Bank of Pakistan (SBP) has released its annual report highlighting the significant advancements in the national payment ecosystem during the Fiscal Year 2023-24. The report underscores the remarkable…
Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 15,982.9 million as of 27-Sep-2024. The break-up of the foreign reserves position is as under: i) Foreign reserves…
SBP has received SDR 760 million (equivalent to US$ 1026.9 million) from IMF
Following the approval of the IMF Executive Board of 37-month Extended Fund Facility amounting to US$7 billion, SBP has received the first tranche of SDR 760 million (equivalent to USD…
Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 14,873.1 million as of 20-Sep-2024. The break-up of the foreign reserves position is as under: i) Foreign reserves…