SBP
Will May 1, 2026, be an Official Holiday? SBP and PSX Confirm Closure on Labour Day
The banking and stock market activity in Pakistan will pause on May 1, 2026. The closure comes as the country observes Labour Day. The government…
KIBOR Jumps Up to 99 Bps After SBP Hikes Policy Rate to 11.5%
Pakistan’s Karachi Interbank Offered Rate (KIBOR) surged across multiple tenors after the State Bank of Pakistanraised its policy rate by 100 basis points to 11.5 percent, signaling a shift…
Business Community Rejects SBP Interest Rate Hike, Warns of Industrial Crisis
The Federation of Pakistan Chambers of Commerce and Industry has strongly rejected the State Bank of Pakistandecision to raise the policy rate by 1 percent, warning the move could…
Pakistani Banks See Sharp Rise in US Dollar Deposits Despite SBP Controls
Pakistan’s banking sector has recorded a sharp rise in US dollar deposits despite strict controls imposed by the State Bank of Pakistan, signaling persistent demand for…
Pakistan’s Forex Reserves Set to Increase by $2.5 Billion Next Week
Pakistan’s foreign exchange reserves are expected to rise by $2.5 billion next week, providing much-needed support to the country’s external position after recent financial inflows…
SBP Reserves Drop 6% to $20.52 Billion After Eurobond Repayment
Pakistan’s foreign exchange reserves declined sharply during the past week following a major external debt repayment, according to the State Bank of Pakistan (State Bank…
SBP Exempts IT Export Proceeds up to $25,000 to Boost Freelancers
The State Bank of Pakistan (SBP) has exempted IT companies and freelancers from declaring export proceeds of up to $25,000, easing reporting requirements to support the growth of…
SBP Introduces New Measures to Boost IT Exports and Freelancing
The State Bank of Pakistan (SBP) has announced a series of reforms aimed at facilitating IT exporters and freelancers, making transactions faster and simpler. Under the new…
SBP May Hike Interest Rate to 14% Amid Inflation and IMF Delay
The State Bank of Pakistan is reportedly preparing for a significant increase in its benchmark interest rate at the upcoming Monetary Policy Committee (MPC) meeting scheduled for April 27,…
SBP Pumps Nearly Rs. 14 Trillion Into Banking System
The State Bank of Pakistan (SBP) on Friday injected over Rs. 13.68 trillion into the money market through conventional and Shariah-compliant open market operations to support liquidity in the…
SBP Allows Teenagers to Open Independent Bank Accounts in Pakistan
The State Bank of Pakistan (SBP) has introduced a new regulatory framework enabling teenagers to independently open and operate bank accounts and digital wallets across the country.…
SBP Data Shows Drop in IT Exports in February
Pakistan’s IT and telecom export remittances declined for the second consecutive month in February 2026, according to the latest data released by the State Bank of…
Oil Prices and Geopolitical Tensions Cloud Pakistan Inflation Outlook
The State Banka of Pakistan (SBP) has warned that inflation could remain above seven percent during the remaining months of fiscal year 2026 and continue…
