The State Bank of Pakistan (SBP) reports a weekly increase of $18 million in foreign exchange reserves, as shown in data released by the central…
The State Bank of Pakistan (SBP) has announced that all banking and financial institutions will remain closed on November 9th, 2024, in observance of Allama…
The Ministry of Information Technology and Telecom has put forward a set of proposals aimed at boosting Pakistan’s IT export potential while creating a more…
On November 6, 2024, the board of directors of Silkbank Limited (PSX: SILK) granted in-principle approval for a potential merger with United Bank Limited (PSX:…
The State Bank of Pakistan (SBP) has granted in-principle approval to Toko Lab Private Limited and Accept Technologies Private Limited (PayMob) for establishing their operations…
KARACHI: The State Bank of Pakistan (SBP) is anticipating $500 million from the Asian Development Bank (ADB) this week, and higher foreign inflows are expected…
The Monetary Policy Committee (MPC) of the State Bank of Pakistan decided to cut the policy rate by 250 basis points to 15 percent, effective…
The federal government has proposed amendments to the State Bank of Pakistan (SBP) Act aimed at legalizing digital currencies such as Bitcoin and cryptocurrency in…
KARACHI: The Pakistan Stock Exchange’s (PSX) KSE-100 Index reached a record high on Wednesday, fueled by optimism in the capital market. Expectations of a reduction…
The 26th Constitutional Amendment Bill, 2024, passed today in the early hours has provided a time frame of 1st January 2028 for the eradication of…
KARACHI: Pakistan has seen a significant shift toward digital payment solutions, with citizens transacting Rs1 trillion in just 16 days through the instant payment system…
Getting its own CBDC (Central Bank Digital Currency) would give Pakistan a number of benefits including easier digital payment, easier remittance, higher efficiency and increased…
The State Bank of Pakistan remains firm in its decision to prohibit cryptocurrency exchange in Pakistan. Despite the increasing global interest in digital assets, Pakistan…
