The Pakistan Banks Association has launched the Pasban Remittance Rewards Scheme, offering Rs16 billion in annual cash prizes to recipients of overseas remittances. State Bank of...
Pakistan’s outstanding auto loans increased for the 21st consecutive month, reaching Rs393.3 billion in August from Rs386.3 billion in July, according to State Bank of Pakistan...
Prime Minister Shehbaz Sharif praised Finance Minister Muhammad Aurangzeb and his economic team after Pakistan’s foreign exchange reserves reportedly reached a record $21.4 billion. The prime...
The State Bank of Pakistan (SBP) has rejected social media rumours claiming that the Rs10 banknote is being phased out or faces a discontinuation deadline. The...
The State Bank of Pakistan’s foreign exchange reserves have reportedly reached a record $21.4 billion following Eurobond inflows. Pakistan raised approximately $3 billion through a dual-tranche...
The State Bank of Pakistan has kept its key policy rate unchanged at 11.5%, maintaining a cautious stance amid rising inflation and elevated global oil prices....
Pakistan has amended the Income Tax Ordinance, 2001, by introducing Section 165AB. The provision empowers the State Bank of Pakistan to establish and operate a secure,...
