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Shahid IqbalBusiness Recorder |
KARACHI: The State Bank of Pakistan (SBP) has bought $9.7 billion from the interbank currency market over the past 16 months, reflecting the continued...

KARACHI: Retail payment volumes rose to 2.8 billion transactions in the July-September quarter, up 10 per cent from the previous quarter, while the...

KARACHI: The State Bank of Pakistan (SBP) has introduced a set of shocks covering climate-related risk measures to protect the financial institutions...

• Experts say exchange rate still ‘managed’, warn pressures may return in 2026• Insist PKR’s path shaped by politics, financing, oil and not...

KARACHI: The government’s borrowing from banks in the first half of FY26 has marked a sharp reversal from last year’s pattern, with Rs672 billion...

• Report finds lending to private sector lowest in Pakistan• Undocumented economy is 40pc of GDP KARACHI: The advances to deposits ratio (ADR)...

KARACHI: Cut-off yields on treasury bills were slashed by up to 79 basis points at the auction held on Wednesday, with the government raising over...

KARACHI: A massive lending of Rs1.5 trillion by banks to the private sector during the current financial year (FY26) has helped fuel growth in...

KARACHI: The State Bank of Pakistan (SBP) has capped remittances against royalties, franchise and technical services at $250,000 for new companies....

KARACHI: The Karachi Cotton Association (KCA) failed to issue cotton spot rates for the fifth consecutive day on Friday as the historic Karachi Cotton...

KARACHI: Another step towards Pakistan’s virtual assets framework was taken on Thursday, as the State Bank of Pakistan (SBP) held a meeting with the...

KARACHI: The Karachi Cotton Association (KCA) has withdrawn a petition filed in the Sindh High Court challenging the evacuation of an old building on...

The current account posted a $100 million surplus in November, which may change the trend of deficits in previous months of the current fiscal year....

KARACHI: Both domestic and foreign investment are at their lowest levels and could set an unwanted record by falling below a 13 per cent...

KARACHI: Despite mounting pressure from industry for immediate relief, a rate cut in the upcoming monetary policy appears unlikely, as the...

KARACHI: Despite the government’s move to link all dollar transactions with Nadra, including a new facial-recognition requirement, exchange...

KARACHI: Instead of improving, the foreign investment climate has become more difficult for Pakistan, as seen in treasury bills where outflows surged...

KARACHI: Remittances from overseas Pakistanis, the country’s most reliable source of foreign exchange, remained strong in November, raising hopes...

KARACHI: Though the rupee has been appreciating against the dollar in what dealers describe as a managed way, the market expects the local currency to...

KARACHI: The impressive growth of non-bank financial institutions (NBFIs), hailed by the State Bank of Pakistan (SBP) in 2024, has quickly unravelled...

The State Bank of Pakistan (SBP) said on Thursday that Saudi Arabia has agreed to extend the $3 billion deposit held with the bank for another year....

KARACHI: Credit to the private sector was at a three-year high in the first five months of the current fiscal year, but bankers said the money was not...

• Makes account-to-account transfer mandatory for dollar deposits • Individuals no longer allowed to buy cash dollars from open market KARACHI:...

KARACHI: The State Bank of Pakistan (SBP) on Thursday launched a new digital platform, opening another channel for individuals and corporates to...

KARACHI: The relentless surge in global gold prices has weakened confidence in the US dollar, long considered the world’s safest reserve currency,...

KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves continued to grow gradually in recent weeks, maintaining stability in the...

KARACHI: Pakistan’s iron and steel scrap imports rose to their highest level since 2021, indicating a shift in the government’s import policy,...

KARACHI: Foreign investors have shifted their focus towards government treasury bills, investing $138.4 million in the first 17 days of October,...

KARACHI: Repatriation of profits and dividends on foreign investments rose by 86 per cent in the first quarter of the current fiscal year (FY26),...

KARACHI: Foreign exchange companies sold $646 million to banks during the first quarter of FY26, down from $750m in the same period last year,...

KARACHI: Exporters are increasingly selling dollars in the forward market to hedge against risks associated with a managed exchange rate, currency...

KARACHI: The federal government has launched a cost-sharing, interest-free loan scheme for electric bikes, rickshaws, and loaders to promote energy...

KARACHI: Currency dealers say the State Bank of Pakistan (SBP) has slowed down its dollar purchases from the interbank market in an apparent effort to...

KARACHI: The federal government has introduced a subsidised housing financing scheme aimed at helping Pakistanis from middle and lower-income groups...

KARACHI: Pakistan is expected to meet all seven Quantitative Performance Criteria (QPC) set by the International Monetary Fund (IMF) ahead of the...

KARACHI: Profit and dividend repatriation on foreign investments in Pakistan more than doubled year-on-year in the first two months of the current...

KARACHI: Pakistan’s current account deficit (CAD) for August stood at $245 million, a slight improvement compared to the previous month’s deficit...

KARACHI: The government exceeded its borrowing target in the treasury bills (T-bills) auction held on Wednesday, raising Rs201.8 billion against...

KARACHI: Pakistan cannot regulate cryptocurrencies within its current financial system, as the State Bank tightly manages foreign exchange, but...

KARACHI: The State Bank of Pakistan (SBP) is expected to maintain the current interest rate at 11 per cent in its upcoming monetary policy...

KARACHI: Pakistan’s total government debt has increased by Rs9 trillion in just one year up to June 2025, with domestic debt representing the...

KARACHI: Remittances sent by overseas Pakistanis have remained robust despite the rationalisation of incentives for banks and exchange companies....

KARACHI: Foreign investment in domestic bonds has recorded net outflows during the first two months of the current fiscal year, despite moderate...

KARACHI: The government surpassed its target in Wednesday’s treasury bill auction, raising Rs515.2bn, with banks offering more than three times the...

KARACHI: The State Bank of Pakistan (SBP) has projected GDP growth between 3.25 and 4.25 per cent for FY26, based on improved macroeconomic...

KARACHI: The government plans to borrow approximately Rs4.8 trillion through banks and capital markets during the September-November period to...

KARACHI: The Pakistani rupee is under increasing pressure as demand for dollars rises, while exchange companies are struggling with a severe shortage...

KARACHI: Currency dealers in the banking market have reported a sharp 50 per cent decline in dollar sales by money changers this month, amid concerns...

KARACHI: Thousands of banking transactions, valued in the hundreds of millions, were delayed or stuck due to power outages caused by heavy rains...

KARACHI: Currency dealers in the banking market have reported a sharp 50 per cent decline in dollar sales by money changers this month, amid concerns...
