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SBP simplifies account opening for individuals and businesses

KARACHI: The State Bank of Pakistan (SBP) has introduced a consolidated customer onboarding framework aimed at simplifying and standardizing the account opening process for...

Fact-check: No truth to claims of new Rs1,000 note by SBP

Pakistan's central bank, which has sole authority to print currency in the country, has dismissed baseless claims about a new 1,000-rupee note. The circulating visuals...

Pakistan’s foreign exchange reserves stand at US$ 19.95bn

KARACHI: Pakistan’s total foreign exchange reserves stood at $19.95 billion during the week ended on July 11, ARY News reported on Thursday, citing the...

Pakistan’s remittances surge to $3.4 billion in June 2025

KARACHI: The State Bank of Pakistan (SBP) reported a significant rise in remittances during June 2025, with a total inflow of $3.4 billion. According to...

Pakistan pays off debt worth Rs500b owed to SBP

ISLAMABAD: Pakistan has achieved a significant fiscal milestone by successfully retiring 500 billion rupees in debt owed to the State Bank of Pakistan, four...

SBP’s foreign exchange reserves surged by US$ 5.12bn in FY25-26

KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves surged by US$ 5.12 billion during the fiscal year 2024-25 ended on June 30,...

SBP to announce last monetary policy of FY 2024-25 today

KARACHI:The State Bank of Pakistan (SBP) to announce the last monetary policy of the financial year 2024-25 on Monday (today). The Monetary Policy Committee (MPC)...

SBP to announce monetary policy on June 16

KARACHI: The State Bank of Pakistan will announce the Monetary Policy on Monday, June 16, 2025, ARY News reported quoting SBP. “The Monetary Policy Committee...

Pakistan’s foreign exchange reserves stand at US$ 15.61bn

KARACHI: Pakistan’s total foreign exchange reserves stood at US$15.61 billion during the week ended on May 9, ARY News reported on Thursday, citing the...

Pakistan ‘receives’ second IMF loan tranche

ISLAMABAD: Pakistan has received the second tranche under the ongoing loan programme from the International Monetary Fund (IMF), ARY News reported on Wednesday, citing...

State Bank of Pakistan Cuts Policy Rate by 100 Basis Points to 11%

Karachi, May 5, 2025 — The State Bank of Pakistan (SBP) announced a 100-basis point reduction in its key policy rate, bringing it down...

SBP to announce monetary policy for next two months today

KARACHI: The State Bank of Pakistan's Monetary Policy Committee (MPC) meeting has been scheduled for Monday (today) to decide the monetary policy for the...

SBP likely to drop interest rate today in new monetary policy

The State Bank of Pakistan (SBP) will announce the Monetary Policy on Monday (today), ARY News reported. The MPC will review overall financial and fiscal...

Pakistan’s bank deposits soar to new historic high

KARACHI: Pakistan’s bank deposits have soared to a new historic high, reaching Rs. 31,626 billion in March 2025, ARY News reported quoting State Bank...

Pakistan’s remittances cross record $4bln mark in March 2025: SBP

State Bank of Pakistan (SBP) on Monday said Pakistan received a record $4.1 billion in workers’ remittances in March 2025, a significant boost to...

Pakistan’s foreign exchange reserves stand at US$ 15.75bn

KARACHI: Pakistan’s total foreign exchange reserves were recorded at US$15.75 billion during the week ended on April 4, ARY News reported on Thursday, citing...

Workers’ remittances hit $3.1bln in February

KARACHI: Pakistan has received $3.1 billion in remittances from overseas workers in February 2025, ARY News reported, citing the State Bank of Pakistan (SBP). While...

SBP to announce monetary policy tomorrow

KARACHI: The State Bank of Pakistan will announce its second monetary policy of the current year on Monday March 10 (tomorrow). The Monetary Policy Committee...

SBP to unveil monetary policy on Monday

The State Bank of Pakistan (SBP) will announce the second Monetary Policy of the year 2025 on Monday, March 10. The Monetary Policy Committee (MPC)...

Banks to remain closed in Pakistan on THIS date 

KARACHI: The State Bank of Pakistan, commercial banks and other financial institutes to remain closed for public dealing on Monday, March 3, 2025, which...
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