State Bank of Pakistan likely to keep policy rates unchanged
KARACHI: In a recent poll conducted by Tresmark comprising over 25 bankers and brokers, 81.82% in the market unanimously agreed that SBP is likely to keep policy rate unchanged in…
Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: In a recent poll conducted by Tresmark comprising over 25 bankers and brokers, 81.82% in the market unanimously agreed that SBP is likely to keep policy rate unchanged in…
Karachi: Meezan Bank, Pakistan’s leading Islamic bank and the Best Bank in Pakistan – 2018, has successfully launched its electronic-Right shares (e-Rights) subscription facility, through which, account holders of Meezan…
KARACHI: The State Bank of Pakistan (SBP) and Unites States Agency for International Development (USAID) have assured that the Karachi Chamber of Commerce and Industry (KCCI) will be taken on…
ISLAMABAD: The government on Friday asked the State Bank of Pakistan (SBP) to work out a mechanism of consultations with the centre on the exchange rate. The issue came under…
KARACHI: The State Bank of Pakistan (SBP) has issued the auction target calendar for sale of Government of Pakistan Market Treasury Bills 3-months, 6-months and 12-months from December 2018 to…
KARACHI: The State Bank of Pakistan (SBP) has raised the policy interest rates by 150bps to 10 percent effective December 03, 2018. The economic data released since the last Monetary…
KARACHI: The State Bank of Pakistan (SBP) has notified guidelines to safeguard banks/MFBs and their customers from potential losses due to cyber-crimes and online banking frauds. Security of Digital Payments…
KARACHI: State Bank of Pakistan (SBP) is scheduled to announce the monetary policy for November-December 2018 on November 30, 2018, wherein analysts are unanimously expecting 100bps hike in the key…
KARACHI: Consumer price index (CPI) for the month of November 2018 is expected to rise to 7.51 percent as compared to an increase of 6.78 percent registered in October 2018,…
KARACHI:Foreign exchange reserves held by the State Bank of Pakistan (SBP) fell 2.62 percent on a weekly basis, according to data released on Thursday. The continued drop in the reserves…
KARACHI: Pakistan has received the first tranche of $1 billion from Saudi Arabia under the $6-billion financial package. The State Bank of Pakistan (SBP) confirmed that it had received $1…
KARACHI: Pakistan’s current account deficit (CAD) shrank by 4.57 percent or $232 million in the first four months of the current fiscal year (July-October) as trade deficit narrowed and remittance…
KARACHI: State Bank of Pakistan (SBP) has advised people not to share personal information like CNIC number, bank account number, password, etc. on fake calls from individuals impersonating as officials…
KARACHI: Headline inflation for the month of October 2018 clocked in at 7.0 percent, well above consensus expectations and the highest since September 2014. On monthly basis, consumer price index…
KARACHI: As a result of security breach of payment cards of one of the banks in Pakistan yesterday and their unauthorized use on different delivery channels i.e. at ATMs and…
KARACHI: State Bank of Pakistan has released its Annual Report on the State of Pakistan’s Economy for the fiscal year 2017-18 today. According to Report, the growth momentum gained further…
KARACHI: The State Bank of Pakistan (SBP) in its Monetary Policy meeting held today announced a rise of 100 basis points in its Policy Rate to 8.5% in line with…
KARACHI: Pakistan Customs is all set to implement electronic origin data exchange under China-Pakistan free trade agreement (FTA), which would enable real time recording of trade between the two countries…
KARACHI: MCC Appraisement West has detected large scale money laundering through gross over invoicing of solar PV panels imported from China, and advocated concerted efforts involving State Bank of Pakistan…
KARACHI: Finance Bill 2018 seeks to impose a restriction that sales tax and federal excise audit of a registered person can be conducted only once in three years. The Bill…