SBP

An undated file image of the State Bank of Pakistan building. — AFP/FileIn line with the provincial authorities’ measures to combat smog, the State Bank of Pakistan (SBP) on Wednesday announced that all bank branches would remain…

The facade of the State Bank of Pakistan's building in Karachi. — AFP/FileIn line with the market expectations, the State Bank of Pakistan (SBP) Monday decided to hold the key policy rate at 22%.In a statement, the central bank said:…

SBP Governor Jameel Ahmad addressing a press conference in this undated picture. — AFP/FileState Bank of Pakistan (SBP) Governor Jameel Ahmad on Friday informed global investors that Pakistan was “on track" to address the…

A representational image of containers. — AFP/File Pakistan’s exports to China witnessed an increase of 5.16% during the first two months of the current fiscal year 2023-24 as compared to the exports of the corresponding period of…

An image of the State Bank of Pakistan building. — Online/FileThe State Bank of Pakistan (SBP) has categorically rejected reports claiming deposits over Rs500,000 are unsafe in the banking system and clarified that the customers'…

A currency exchange dealer counts $100 bills in this undated picture. — AFP/FileThe State Bank of Pakistan (SBP) held reserves shot past the $8 billion mark on Thursday after a gap of nine months as Pakistan received inflows from the…

An undated picture of the State Bank of Pakistan's building. — AFP/FileThe State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) on Monday raised the policy rate by 100bps to a record high of 22% in an emergency meeting as…

State Bank of Pakistan building. — APP/FileThe commercial bank branches that remain open on Saturday will observe normal banking hours on June 24 (Saturday) until 5:30pm, the State Bank of Pakistan (SBP) announced on Monday.In a…

An undated image of the State Bank of Pakistan building in Karachi. — AFPThe Monetary Policy Committee — established under the State Bank of Pakistan's (SBP) Amendment Act — is expected to keep the benchmark interest rate unchanged…

A Pakistani dealer counts US dollars at a currency exchange shop in Karachi on October 9, 2018. — AFPThe central bank’s reserves recorded a decline for sixth week in a row, falling to $3.91 billion due to external debt payments amid…