SBP
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…
PVARA Gains Legal Backing as Pakistan Enacts Virtual Assets Act 2026
Pakistan’s Parliament has officially passed the Virtual Assets Act, 2026, a landmark law set to regulate the country’s fast-growing digital finance sector. The act establishes…
Will SBP Issue Fresh Bank Notes for Eid ul Fitr 2026? State Bank Clarifies Viral Claim
The State Bank of Pakistan (SBP) has denied issuing any notice regarding the non-availability of fresh currency notes for Eid ul Fitr 2026. The clarification…
Banks to Operate on Saturday for Tax Payments
Commercial banks across Pakistan will open selected branches on Saturday, February 28, from 9am to 1pm, following directions issued by the State Bank of Pakistan…
