Intra-day update: rupee plunges to record low against US dollar
The Pakistani rupee registered a significant loss against the US dollar, depreciating nearly 1% during the early hours of trading ...
Tag: State Bank of Pakistan
Intra-day update: rupee remains stable against US dollar
The Pakistani rupee remained largely unchanged against the US dollar during the early hours of trading in the inter-bank market ...
Intra-day update: rupee declines against US dollar
The Pakistani rupee recorded a marginal fall against the US dollar, depreciating 0.1% during the early hours of trading in ...
Remittances from the US rise 3% in the first eight months of FY23
The first eight months of the current fiscal year have seen a 3% yearly growth in remittances from Pakistanis working ...
SBP reserves jump to $4.6bn after Chinese inflow
On the week ending March 17, the nation's total foreign exchange reserves rose 2.3% to $10.14 billion. For the first ...
Import restrictions: Indus Motor suspends production again
Indus Motor Company Limited (INDU), the assembler and seller of Toyota-brand vehicles in Pakistan, has once again decided to shut ...
IMF Demands Prompt SBP to Consider Further Interest Rate Hike
The State Bank of Pakistan is anticipated to hike interest rates by an additional 2% at its upcoming Monetary Policy ...
Auto financing dips for eighth consecutive month
The amount of outstanding auto financing declined for the eighth consecutive month at the end of February, data released by ...
Further hike in policy rate on the cards as inflation runs deep in Pakistan
State Bank of Pakistan (SBP) is expected to jack up the key policy rate in its upcoming Monetary Policy Committee ...
SBP receives $500mln from Chinese bank
Finance Minister Senator Ishaq Dar on Friday said that the State Bank of Pakistan (SBP) received $500 million from Chinese ...
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