Pakistan’s Forex Reserves Rise to $19.5 Billion, SBP Reports $11 Million Boost

By Abdul Wasay ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Pakistan’s foreign exchange reserves inched upward again, rising by $11 million during the week ending August 8, according to the State Bank of Pakistan (SBP).…

Rs100 Prize Bond Draw No. 51 in Lahore on August 2025, Results Announced

By Zohaib Shah ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Rs100 Prize Bond Draw No. 51 result was announced at the National Savings Centre, Lahore, today, August 15, 2025. The winner of the first…

1500 Prize Bond Draw August 2025 Faisalabad: Results, Prizes Announced

By Zohaib Shah ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The long-awaited Draw No. 103 for the Rs 1,500 prize bond was held today at the National Savings Centre in Faisalabad. The draw, which began…

SBP to Stay Closed on August 14

By Zohaib Shah ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The State Bank of Pakistan (SBP) will remain closed on Thursday, August 14, 2025, for Independence Day celebrations. The government has declared August 14 a…

Pakistan’s July Remittances Hit $3.21B, Kicking Off FY26 on Strong Note

By Abdul Wasay ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Pakistan’s remittance inflows in July 2025 climbed to $3.21 billion, a 7.4% year-on-year rise, according to data released by the State Bank of Pakistan (SBP).…

Pakistan Investment Bonds Auction Surpasses Rs300bn Target

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The latest Pakistan Investment Bonds Auction raised Rs639 billion on Friday, significantly exceeding the Rs300 billion target, as banks aggressively invested in long-term government papers…

SBP Selects Design for New Currency Notes

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The State Bank of Pakistan (SBP) has finalized the design for Pakistan’s new currency notes, as announced by SBP Governor Jameel Ahmad during a press…

SBP Keeps Monetary Policy Rate Steady at 11%

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 3 min read

The State Bank of Pakistan (SBP) has opted to maintain the monetary policy rate at 11 percent, citing a mix of easing inflation, emerging risks…

Govt Mandates QR Codes on Utility Bills for Digital Payments

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

To boost financial digitization, the government has ordered mandatory QR codes on electricity, gas, and phone bills for digital payments. In a high-level meeting chaired…

Car loan growth hits Rs276.6bn despite financing challenges

By Huma Ishfaq ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

LAHORE: Pakistan’s auto financing market continued its upward momentum in June 2025, with outstanding car loans rising to Rs 276.6 billion, according to the State…

SBP to Roll Out Pilot for Pak’s Own Digital Currency

By Huma Ishfaq ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD / SINGAPORE: The State Bank of Pakistan (SBP) is preparing to launch a pilot project for a central bank digital currency (CBDC). SBP Governor…

Pakistan sees growth in Workers’ Remittances in first half of 2025

By Huma Ishfaq ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Pakistan saw a steady inflow of $20.45 billion in workers’ remittances during the first six months of 2025, according to the latest data from the…

Money Link Exchange Ceases Operations in Pakistan

By Manik Aftab ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Money Link Exchange has ceased its operations in Pakistan after its license was revoked by the central bank, following the company’s own request. The State…

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