SBP

SBP receives $1.39bn from IMF under Rapid Financing Instrument

The IMF had approved disbursement for Pakistan under the Rapid Financing Instrument to address the… Read More

SBP exchange reserves record $252 million surge

Its reserves stood at 10.97 billion dollars Read More

SBP further cuts policy rate by 2pc to 9pc amid coronavirus crisis

In a month, the key interest rate has seen a cumulative reduction of 4.25 per… Read More

Current account deficit contracts to six-year low: SBP report

The report notes that the global and domestic spread of COVID-19 has brought an exceptional… Read More

SBP reserves dip $465mn

The foreign exchange reserves held by the State Bank of Pakistan (SBP) dropped by $465mn… Read More

SBP launches helpline to facilitate bank customers during lockdowns

They can call on 021-111-727-273 during office hours Read More

IMF says working ‘expeditiously’ to respond to Pakistan’s emergency coronavirus loan request

The Government of Pakistan requested financial assistance under the Fund's Rapid Financing Instrument (RFI) Read More

SBP rolls out relief package for businesses, households

The package is aimed at helping relevant stakeholders to manage their finances through this temporary… Read More

SBP reserves fall by $690mn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $690 million… Read More

SBP slashes key interest rate by 150bps to 11pc

'The outlook for growth and inflation in Pakistan is likely to be revised down further' Read More

SBP directs banks to provide disinfected cash to people

As part of preventive measures to contain the spread of novel coronavirus, the State Bank… Read More

All banks to remain open with minimum staff: SBP

All banks and their branches will stay open from 10 am till 4:30 pm Read More

SBP asks banks to waive all charges on online fund transfer

The central bank instructed banks to take specific measures to provide their services seamlessly taking… Read More

SBP reports $110 million drop in foreign reserves

The country's net reserves decreased by $160 million to $18.74 billion Read More

SBP cuts policy rate by 75 bps to tackle virus fallout

The central bank's Monetary Policy Committee (MPC) which met today took stock of "the dominant… Read More

SBP set to review monetary policy, decision on interest rate cut likely

Annual consumer inflation declined to 12.4 per cent in February Read More

SBP to review monetary policy next week, decision on interest rate cut likely

The central bank will issue the Monetary Policy Statement Read More

Pakistan’s foreign reserves reach US$18.86 bn

The State Bank of Pakistan (SBP) witnessed an increase in foreign reserves by US$166 million,… Read More

SBP records $74 million increase in foreign reserves

Total liquid foreign reserves held by the country stood at $18.74 billion Read More

SBP increases payment limits for freelancers, notification issued

In order to broaden the scope of business-to-customer transactions through home remittance channel, SBP has… Read More