State Bank of Pakistan (SBP)
Pak Govt’s Domestic Debt Soars to Rs.73tr
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
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
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?)
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
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
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
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
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,…
Pakistan’s Remittances Hit Historic High in March as SBP Revises Forecasts Amid Economic Recovery
In a significant economic milestone, Pakistan recorded an all-time high of $4.1 billion in workers’ remittances for March 2025, according to Governor State Bank of…
Government Executes Rs105 Billion Deal to Swap Ownership in PSPC for Full Control of ZTBL
ISLAMABAD: The Pakistani government has approved a significant Rs105 billion transaction aimed at fulfilling its commitment to the International Monetary Fund (IMF). In this deal,…
Pakistan’s Digital Financial Services Expand, But Full Adoption Lags
ISLAMABAD: Digital financial services in Pakistan are expanding rapidly, but full adoption remains a challenge. While mobile banking, Raast, and fintech solutions have increased financial…
Roshan Digital Account Sees 8,653 New Openings in February 2025
KARACHI: The Roshan Digital Account (RDA) initiative continues to expand, with 8,653 new accounts registered in February 2025, according to a report by the State…
Paysa Technologies Secures SBP’s In-Principle Approval for EMI License
KARACHI: The State Bank of Pakistan (SBP) has given in-principle approval to fintech firm PaySa Technologies, allowing it to move forward with its plans to…
