SBP
Pakistan’s GDP Growth Projected at Up to 4.75% in FY26: SBP
Pakistan’s economic outlook has strengthened, with the State Bank of Pakistan (SBP) projecting real GDP growth between 3.75% and 4.75% for FY26, according to its…
Will New Currency Notes Be Available This Eid? SBP Gives Clear Answer
Pakistanis will not see newly designed currency notes this Eid, as the State Bank of Pakistan (SBP) has confirmed that the issuance process has not…
State Bank of Pakistan Approves New Currency Note Designs
The State Bank of Pakistan has finalized the designs for new currency notes, the bank’s governor, Jameel Ahmad, confirmed. The designs were approved by the…
Commercial Banks Questioned Over SMS Charges, Meezan Bank in Spotlight
The Senate Standing Committee on Finance and Revenue on Tuesday sharply criticized commercial banks, for charging customers high fees for SMS alerts and other routine…
SBP Rules Out Discontinuation of Rs5,000 Currency Note
Governor of the State Bank of Pakistan (SBP) Jameel Ahmad has categorically ruled out any proposal to discontinue the Rs5,000 currency note, putting an end…
SBP Announces Bank Holiday on February 5, 2026
All banks across Pakistan will remain closed on Thursday, February 5, 2026, as the country observes Kashmir Day, following an announcement by the State Bank…
USD to PKR Drops for 88th Day After SBP Decision
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
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
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
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
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
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
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…
