SBP
USD to PKR Drops for 88th Day After SBP Decision
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The USD to PKR exchange rate declined for the 88th consecutive trading session on January 27, 2026, as the Pakistani rupee continued its steady recovery…
State Bank of Pakistan Buys $7 Billion in Interbank Forex Market Within 12 Months
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The State Bank of Pakistan (SBP) has purchased nearly $7 billion from the interbank foreign exchange market over the last 12 months, underscoring a sustained…
Pakistan Commits Rs. 100 Billion for EV Subsidies Until 2030
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Pakistan has begun transferring subsidies to applicants under its Pakistan Accelerated Vehicle Electrification (PAVE) Scheme, targeting electric bikes and rickshaws. The government says this move…
Pakistan’s SBP Forex Reserves Increase by $16 Million
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Pakistan’s foreign exchange position showed marginal improvement as the State Bank of Pakistan (SBP) reported a $16 million increase in its reserves, taking total SBP-held…
USD to PKR Stabilizes as Rupee Shows Strength in Early 2026
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USD to PKR rates in Pakistan on January 3, 2026, indicate growing stability as the Pakistani Rupee shows consolidation against the US Dollar. The narrowing…
PSEB Calls for Industry Input on SBP Purpose Codes Following Strong ICT Export Growth
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The Pakistan Software Export Board (PSEB) has launched a consultation inviting feedback from the IT and IT-enabled services (ITeS) industry on the State Bank of…
SBP Buys $9.7 Billion from Forex Market to Stabilize Dollar
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The State Bank of Pakistan (SBP) purchased a net $9.7 billion from the domestic foreign exchange market between June 2024 and September 2025, reflecting its…
SBP Brings Climate Risks Into Bank Stress Testing
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The State Bank of Pakistan (SBP) has issued new Guidelines on Climate Stress Testing, formally bringing climate-related risks into the country’s financial stress testing framework.…
Religious Leaders Allege SBP Shielded Banks From Interest-Free Deadline
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A group of prominent religious leaders has accused the State Bank of Pakistan of granting banks what they describe as de facto immunity from the…
SBP, PSEB Introduce Special Banking Desks to Support IT Exporters
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Pakistan’s banking and technology sectors are converging as new steps aim to enhance financial access for IT exporters. The Pakistan Software Export Board is working…
SBP Conducts Large-Scale OMOs, Pumps Rs12.43 Trillion into Financial System
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The State Bank of Pakistan has injected Rs12.43 trillion into the financial system through Reverse Repo Purchase and Shariah-compliant Mudarabah based Open Market Operations, underscoring…
SBP Reserves Surge by $1.3bn on IMF Inflow
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Pakistan’s total liquid foreign exchange reserves climbed to $21.09 billion as of December 12, 2025, following a sharp weekly rise driven by fresh inflows from…
6-Months Karachi Interbank Offered Rate-KIBOR Drops After SBP Cuts Policy Rate
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Pakistan’s 6-month Karachi Interbank Offered Rate (KIBOR) dropped sharply to 10.76 percent in the current session from 11.11 percent a day earlier, reflecting market reaction…
