State Bank of Pakistan
PVARA Joins Pakistan’s Anti-Money Laundering Act (AMLA)
The Pakistan Virtual Assets Regulatory Authority (PVARA) has officially entered the country’s anti-money laundering framework. The National Executive Committee on AML-CFT approved adding PVARA to…
Big Depositors Face New Bank Rules and Losses
The State Bank of Pakistan (SBP) has withdrawn the requirement for banks to offer guaranteed profit rates on savings accounts holding Rs10 million or more,…
SBP to Launch New Official Website on July 1
The State Bank of Pakistan (SBP) will launch its redesigned official website on July 1, replacing its long-running online platform with a modern interface aimed…
Did Pakistan Just End Eight-Year Crypto Banking Ban?
The State Bank of Pakistan issued BPRD Circular No. 10 of 2026 on April 14, replacing a 2018 directive that barred banks from engaging with…
Forex Reserves Rise to $21.7 Billion After State Bank Buying Spree
Pakistan’s foreign exchange reserves have shown a noticeable improvement, supported by steady dollar purchases by the State Bank over the past year. The central bank…
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…
