The State Bank of Pakistan (SBP) reduced its policy rate by 200 basis points to 17.5% on Thursday, as headline and core inflation saw a sharper-than-expected...
The State Bank of Pakistan (SBP) recent announced the winners of a competition to design new currency notes, has sparked an online debate. One of the...
KARACHI: Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $33 million, reaching a 26-month high of $9.43 billion for the...
KARACHI: State-owned National Bank of Pakistan (NBP) has paid Rs49 billion to pensioners on the directives of a court, which reduced its net profit by 99%...
KARACHI: The landscape of Pakistan’s economy has been significantly reshaped by the burgeoning freelance sector, which has emerged as a vital force in the nation’s economic...
LAHORE: Financial globalisation has eased the flow of capital across countries. Financial capitalists keep looking for profitable opportunities to earn quick bucks. They borrow in a...
The current account deficit for the first eleven months of this fiscal year stood at $464 million, according to the State Bank of Pakistan (SBP). The...