State Bank of Pakistan

SBP forex reserves plummet to lowest level since April 2014

The State Bank of Pakistan’s (SBP) foreign currency reserves have dropped to levels worth just eight weeks of imports, t...

SBP's unexpected interest rate hike takes toll on PSX

The State Bank of Pakistan's unexpected increase in the interest rate shook investors' confidence on the opening day of...

SBP rebuts reports of holding payments to Google

The State Bank of Pakistan (SBP) has rejected media reports as “baseless and misleading” about holding certain payments...

On spiking inflation, SBP raises interest rate to highest-ever rate of 16%

With inflation spiking to highest-ever levels, the State Bank of Pakistan (SBP) Monetary Policy Committee (MPC) on Frida...

SBP receives $1.5bn from ADB Says Finance Minister

The Asian Development Bank (ADB) on Wednesday released $1.5 billion for Pakistan under BRACE program to support the econ...

Rupee continues upward gains against dollar in interbank

The Pakistani rupee continued its rally against the US dollar, extending its gains in the interbank market for the 13th...

SBP revises GDP growth rate downwards to 2% due to flood impact

Despite expectations from certain quarters, the central bank decided to keep the policy rate unchanged at 15% as it soug...

Rs.75 banknote issued on 14 August is now available for public Says SBP

The commemorative banknote of Rs75, issued by State Bank of Pakistan (SBP) on 14th August to mark Pakistan’s 75th Indepe...

Rupee Extends Losses Against Us Dollar In Interbank

The Pakistani rupee continued to lose its value for the tenth consecutive session, falling by Rs0.68 against the US doll...

SBP clarifies reports of banks rejecting flood donations

The State Bank of Pakistan (SBP) on Wednesday rejected complaints on social media claiming that the banks are not accept...

PSX soars over 500 points in early trade after SBP keeps policy rate unchanged

After opening the week in the red, stocks recovered on Tuesday, gaining more than 500 points in early morning trade.

Alarm bells: Pakistan’s forex reserves plunge to lowest since Oct 2019

Owing to increasing current account and trade deficits, higher external debt payments, Pakistan’s foreign exchange reser...

Rupee will appreciate in next few months: SBP & finance ministry

The State Bank of Pakistan (SBP) and Ministry of Finance have issued a joint statement stating important facts pertainin...

Pakistan's current account deficit swells to $17.4bn

The current account deficit (CAD) swelled to $17.4 billion in FY22, which could be the most painful shock for an economy...

Sustainable growth is our goal Says Reza Baqir

State Bank of Pakistan (SBP) Governor Dr Reza Baqir said on Friday that with the news of Saudi aid, our exchange rate ha...

SBP Announces To Raise Interest Rate By 150 Bps To 8.75pc

State Bank of Pakistan (SBP) Friday announced to raise the interest rate by 150 basis points to 8.75 percent for the nex...


State Bank of Pakistan - Most Viewed

State Bank lifts pre-approval condition on import of raw materials for medicines

In a bid to avert the impending medicines’ crisis, the centr...

State Bank of Pakistan issues Rs50 coin

The State Bank of Pakistan (SBP) on Friday issued a commemor...

Acute Petrol Shortage to Hit Pakistan Next Week

Refineries warned on Thursday that a petrol crisis could hit...

SBP receives IMF’s first tranche of $991.4 million

SBP receives IMF’s first tranche of $991.4 million

SBP debunks ‘fake news’ of change in currency design

The State Bank of Pakistan (SBP) has debunked fake rumors fl...

State Bank takes back prior-approval condition for imports

The central bank has withdrawn the condition of prior approv...

SBP seeks details for clearance of stuck-up containers

The State Bank of Pakistan (SBP) has sought details of stuck...

SBP instructs banks to not take service fees for internet, mobile banking

KARACHI: To promote digitisation in the banking sector, the...