Pakistan’s Foreign Exchange Reserves hit 28 Month Low
KARACHI: Foreign exchange reserves of the State Bank of Pakistan (SBP) declined by $190 million to $10.308 billion during the ...
Tag: State Bank of Pakistan
Pakistan’s exports to Italy increased by 35.58%
During the first three quarters of this fiscal year, Pakistan's exports of goods and services to Italy increased by 35.58 ...
Roshan Digital Account Remittances Surge Over $4 billion
Roshan Digital Accounts (RDA) continues to receive an overwhelmingly positive response from overseas Pakistanis, with inflows exceeding $4 billion by ...
CDNS issues Rs.955 billion worth of fresh bonds
The Central Directorate of National Savings (CDNS) moved closer to its annual target on Saturday by issuing Rs955 billion in ...
6-month KIBOR hits a 13-year high at 14.1%
The six-month Karachi Interbank Offered Rate (KIBOR) surged to a 13-year high amid rising concerns of credit expansion and economic ...
SadaPay receives an EMI license from the State Bank of Pakistan
The State Bank of Pakistan has awarded fintech a commercial license to provide financial services via its smartphone app as ...
SBP reserves up by $36m
KARACHI: According to figures issued by the State Bank of Pakistan (SBP) on Thursday, the central bank's foreign exchange reserves ...
Bank Investments Reach All-Time High
On the improved margins given by government securities and Sukuks, the banking industry's investment surpassed the benchmark of Rs. 15 ...
Cut-Off Yield on T-Bills Soars by 70 BPS
In the paper's auction on Wednesday, the cut-off yields on Treasury Bills (T-Bills) increased by 55-70 basis points (bps). As ...
Auto Financing Surges 27.7%
According to Arif Habib Limited (AHL), auto finance would increase by Rs. 364 billion in March 2022. This indicates a ...
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