SBP Bought $3.8 Billion From Banks in First 4 Months of FY25
The State Bank of Pakistan (SBP) bought $3.8 billion from the interbank market in June-October 2024 to increase forex reserves by $2.1 billion and meet ...
Business Recorder1d
Jun-Oct 2024: SBP buys $3.8bn from market to increase FX reserves
The State Bank of Pakistan (SBP) purchased $3.8 billion from domestic foreign exchange (FX) markets from June to October 2024 ...
Hosted on MSN1d
Inflation drops to near decade low
Pakistan's inflation rate fell to a nearly decade-low level of 2.4% in January, bringing the central bank under pressure to further reduce interest rates to single digits by abandoning its ...
The Express Tribune2d
Trade gap hits $2.3b as imports stay high
As a result, the seven-month trade deficit came in at $13.5 billion, up 3%, or $372 million. For a country having a little ...
Dawn4d
Slow and steady stability
A sharp fall in the headline consumer price index inflation and external account stability inspiring in the SBP the confidence to cumulatively slash the interest rates by 1,000bps to 12 per cent in ...
Dawn4d
Low interest rate fails to spur growth
The frequent declines in interest rates resulted in a massive outflow of liquidity from banks to the private sector and ...
The Nation UAE on MSN5d
SBP governor advises banks to promote climate resilient, technology based agri financing
The State Bank of Pakistan (SBP) convened the Agricultural Credit Advisory Committee (ACAC) meeting on Friday, reaffirming its commitment to boosting agriculture financing and driving sustainable ...