State Bank of Pakistan (SBP)

Pakistan Foreign Exchange Reserves Jump by $70 Million Ahead of FY26 Budget

By Manik-Aftab ⏐ 1 day ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Pakistan foreign exchange reserves witnessed a significant rise of $70 million, as per the latest data released by the State Bank of Pakistan (SBP) on…

SBP Boosts Digital Payments Ahead of Eid ul Azha

By Manik-Aftab ⏐ 7 days ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: In a bid to accelerate the adoption of digital finance, Pakistan’s central bank has teamed up with 22 leading commercial banks to promote SBP…

SBP Approves UBL Share Split to Boost Market Liquidity

By Manik-Aftab ⏐ 1 week ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The State Bank of Pakistan (SBP) has officially approved the proposed UBL share split, paving the way for United Bank Limited (PSX: UBL) to restructure…

SBP Regulatory Sandbox Introduced to Boost Fintech Innovation

By Manik-Aftab ⏐ 1 week ago ⏐ Newspaper Icon Newspaper Icon 4 min read

KARACHI: The State Bank of Pakistan (SBP) has officially unveiled the SBP regulatory sandbox guidelines as part of its broader Vision 2028 strategy. This platform…

Pakistan’s IT Exports Surge 21% to $3.14 Billion in July–April FY25

By Manik-Aftab ⏐ 2 weeks ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: IT exports in Pakistan recorded strong growth during the first ten months (July–April) of the current fiscal year 2024–25, increasing by 21% year-on-year, according…

Pak Govt’s Domestic Debt Soars to Rs.73tr

By Manik-Aftab ⏐ 3 weeks ago ⏐ Newspaper Icon Newspaper Icon 2 min read

KARACHI: Pakistan’s domestic debt climbed to Rs73.6 trillion by the end of March 2025, as fiscal deficit financing pushed borrowing levels higher, according to fresh…

Pakistan tightens Dollar tracking as Indo-Pak conflict worsens

By Manik-Aftab ⏐ 3 weeks ago ⏐ Newspaper Icon Newspaper Icon 2 min read

In response to escalating tensions with India, the State Bank of Pakistan (SBP) has issued directives for Pakistan dollar tracking, ordering banks to closely monitor…

Pakistan Foreign Reserves See Slight Weekly Increase to $10.214 Billion

By Manik-Aftab ⏐ 4 weeks ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Pakistan foreign reserves recorded a slight uptick on a weekly basis, according to the latest data released by the State Bank of Pakistan (SBP). As…

SBP Prepares for Crucial Monetary Policy Meeting Next Week (Rate cuts?)

By Manik-Aftab ⏐ 1 month ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The SBP monetary policy meeting has been scheduled for Monday, May 5, 2025, with growing anticipation of a potential interest rate cut, according to local…

SBP Pak Reserves Fall by $367 Million Due to Debt Repayments

By Manik-Aftab ⏐ 1 month ago ⏐ Newspaper Icon Newspaper Icon 2 min read

KARACHI: The SBP Pak reserves took another hit this week, declining by $367 million to settle at $10.205 billion, the central bank reported on Thursday.…

Why Dollar Is Not Falling in Pakistan Amid Global Decline

By Manik-Aftab ⏐ 1 month ago ⏐ Newspaper Icon Newspaper Icon 3 min read

The U.S. dollar, as of April 22, 2025, has fallen to near three-year lows against global currencies, trading at 98.458 (at the time of this…

Raast Records Over 892 Million Transactions as SBP Pushes for Digital Shift

By Huma Ishfaq ⏐ 1 month ago ⏐ Newspaper Icon Newspaper Icon 2 min read

KARACHI: Pakistan’s digital payment landscape continues to expand rapidly, with Raast, an instant digital payment platform developed by the State Bank of Pakistan (SBP), crossing…

IT Exports Remittances in Pakistan Surge 23.6% in July–March FY 2024-25

By Tech Desk ⏐ 1 month ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: IT exports remittances in Pakistan recorded strong growth during the first nine months (July–March) of the current fiscal year 2024–25, increasing by 23.6% year-on-year,…

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