State Bank of Pakistan
Pakistan Treasury Bills Record $114 Million Inflows in 2026
Pakistan started the new calendar year with strong foreign interest in domestic bonds, as inflows into treasury bills (T-bills) during the first 16 days of…
State Bank of Pakistan Cancels License of Glaxy Exchange Over Regulatory Violations
The State Bank of Pakistan (SBP) has cancelled the authorization of M/s Glaxy Exchange (Private) Limited for violating the central bank’s regulatory instructions, according to…
Pakistan Records $244 Million Current Account Deficit in December
Pakistan’s current account recorded a $244 million deficit in December 2025, reversing the modest surplus posted a month earlier, according to data released by the…
How a JazzCash Loan Case Exposes Cracks in Pakistan’s Digital Finance Machine
Pakistan’s digital finance story is usually told in glossy terms. Financial inclusion. Cashless convenience. Millions brought into the formal economy with a tap on a…
State Bank Surprisingly Slashes policy rate by 50bpc
The Monetary Policy Committee (MPC) of Pakistan has reduced the policy rate by 50 basis points to 10.5 percent effective from December 16, 2025, aiming…
Pakistan Records Rs. 2.1 Trillion Budget Surplus in Q1 FY26
In a major fiscal turnaround, Pakistan posted a budget surplus of Rs. 2.1 trillion during the first quarter of FY26, equal to 1.6% of GDP,…
Pakistan’s Digital Payments Surge as SBP Releases FY25 Payment Systems Review
The State Bank of Pakistan (SBP) has released its Annual Payment Systems Review for FY2024-25, highlighting the rapid expansion of the country’s digital payments landscape,…
Pakistan’s Remittances Rise 11.3pc YoY in September
Pakistan’s remittances rise 11.3 percent year-on-year in September 2025, even as the country recorded a sharp 55.5 percent decline in foreign direct investment (FDI), according…
State Bank Keeps Interest Rate Unchanged
The State Bank of Pakistan on Monday announced its decision to keep the interest rate unchanged at 11 percent. The Monetary Policy Committee decided to…
Millions at Risk as JazzCash, Easypaisa Accounts Face Biometric Deadline
A new State Bank rule has disrupted digital banking services in Pakistan, affecting millions of JazzCash and Easypaisa users nationwide. The central bank has made…
Rupee Gains Slightly Against Dollar, Mixed Performance Globally
The Pakistani rupee (PKR) gained marginally by Rs. 0.01 against the US dollar on Friday, closing at Rs. 281.02 in the interbank market compared to…
Rupee Gains Slightly Against Dollar, Strengthens Globally
The Pakistani rupee (PKR) posted a slight gain against the US dollar in the inter-bank market on Wednesday, closing at Rs. 281.05 compared to Rs.…
SBP and IFC Partner to Boost Local Currency Financing
The State Bank of Pakistan (SBP) has signed an agreement with the International Finance Corporation (IFC) to strengthen local currency financing and encourage private sector…
