Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: State Bank of Pakistan has issued revised Regulations for Electronic Money Institutions (EMIs) with the aim to enhance outreach and scope of these innovative fintech-enabled payment companies. The updated…
The State Bank of Pakistan will remain closed on June 29 – 30, 2023 (Thursday & Friday) being public holidays on the occasion of Eid-ul-Azha.
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KARACHI: Sharjeel Jamal, the Convener of the FPCCI Committee on Trade Laws and Regulations, has urged for the immediate rationalization of the Electronic Import Forms (EIF) module, aligning it with…
The total liquid foreign reserves held by the country stood at US$ 9,378.2 million as of 9-Jun-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…
Karachi (PR): President FPCCI – country’s apex body on trade & industry – has expressed his profound disappointment over maintaining status quo in key policy rate by the State Bank…
The Federal Government has given another opportunity to the public to get the withdrawn prize bonds of Rs.7500, 15,000, 25,000 and Rs. 40,000 redeemed/encashed by June 30, 2023. Earlier, the…
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
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The Monetary Policy Committee of SBP will meet on Monday, June 12, 2023 at SBP Karachi to decide about the Monetary Policy. Later on, SBP will issue the Monetary Policy…
The total liquid foreign reserves held by the country stood at US$ 9,334.8 million as of 2-Jun-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…
State Bank of Pakistan has renewed the status of the two credit rating agencies operating in Pakistan namely “VIS Credit Rating Company Limited (VIS)” and “The Pakistan Credit Rating Agency…
KARACHI: Hearing a suit filed by M/s Saif Trade Service versus Federation of Pakistan and Collector Adjudication suspended the impugned judgment passed under section 23C(4) of the Foreign Exchange Regulation…
The total liquid foreign reserves held by the country stood at US$ 9,513.0 million as of 26-May-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…
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
The State Bank of Pakistan released its third quarterly review of Payment Systems for the Fiscal Year 2022-23 today covering the period January to March 2023. Major highlights and comprehensive…
The total liquid foreign reserves held by the country stood at US$ 9,731.1 million as of 19-May-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…
The State Bank of Pakistan (SBP) today released its Half Year Report for FY23 on the State of Pakistan’s Economy. The analysis in the Report was prepared on data out…
In a major policy directive for combating the menace of social engineering and other digital banking frauds, State Bank of Pakistan (SBP) has directed commercial banks and Microfinance Banks to…
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