SBP
SBP Buys Over $15.4 Billion From Forex Market Between 2024 and 2026
The State Bank of Pakistan (SBP) conducted net foreign exchange interventions worth $15.4 billion between June 2024 and April 2026, reflecting its continued efforts to…
SBP Keeps Policy Rate Unchanged as Inflation Risks Persist
The State Bank of Pakistan (SBP) has kept its key policy rate unchanged at 11.5 per cent, the Monetary Policy Committee (MPC) announced on Monday…
FPCCI Criticizes SBP for Keeping Interest Rate at 11.5%
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has strongly criticized the State Bank of Pakistan’s (SBP) decision to keep the policy interest…
Credit Card ATM Transactions See a Sudden 44% Surge in Pakistan
Pakistan’s credit card ATM transactions just recorded the largest-ever quarterly increase. The number of circulating credit cards jumped by an astonishing 900,000 in merely three…
SBP Foreign Exchange Reserves Increase by $33 Million
Pakistan’s foreign exchange reserves recorded a modest increase during the week ended July 17, 2026, according to the latest data released by the State Bank of Pakistan…
Pakistan Eyes $10 Billion US Deal to Strengthen Rupee and Reserves
Pakistan has formally requested a $10 billion exchange stabilization facility from the United States, a source briefed on the matter told Reuters, in a move…
Pakistan Records $649 Million Current Account Deficit in June, FY26 Ends in Shortfall
Pakistan recorded a current account deficit of $139 million in fiscal year 2025-26 (FY26), reversing the $1.838 billion surplus posted in the previous fiscal year,…
SBP Foreign Exchange Reserves Fall $1.25 Billion After Debt Repayments
Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) declined sharply during the week ended July 10, 2026, primarily due to repayments…
BISP Beneficiaries to Pay PKR 280 for Digital Wallet Withdrawals
The State Bank of Pakistan (SBP) has officially confirmed that Benazir Income Support Programme (BISP) beneficiaries must bear the interoperability costs of their digital wallets.…
HBL, UBL, Meezan Bank Among Biggest Winners From SBP’s New Deposit Rule
Several leading Pakistani banks are expected to benefit from the State Bank of Pakistan’s (SBP) latest revision to deposit regulations, with analysts forecasting a notable…
Big Depositors Face New Bank Rules and Losses
The State Bank of Pakistan (SBP) has withdrawn the requirement for banks to offer guaranteed profit rates on savings accounts holding Rs10 million or more,…
Pakistan Opens Digital Gateway for Investors with Invest Pak Portal
Federal Minister for Finance and Revenue Muhammad Aurangzeb has launched the Invest Pak Portal, describing it as the start of a new era of investment in Pakistan and pledging…
PM Apna Ghar Expands Beyond Banks with NBFC Loan Approval
The federal government has allowed non-bank financial companies (NBFCs) to take part in the Prime Minister Apna Ghar Program (PM-AGP), widening access to the low-cost…
