Economy
Pakistan Foreign Reserves drop further over foreign debt servicing: Report
KARACHI – Pakistan foreign reserves drop further to US$17,948.4 million on22March2018.The break-up of the foreign reserves position is as under:-...
Economy
Interest Rate likely to be increased by SBP: Report
KARACHI – The State Bank of Pakistan is likely to increase interest rate inthe range of 25 basis points or...
Politics
Is Rs.10,000 banknote in offing in Pakistan?
KARACHI – The rumours were rife on the social media of issuance of Rs10,000 banknote in Pakistan by the State...
EconomyPakistan
Foreign Currency Accounts: SBP proposes new amendments
ISLAMABAD- To control money laundering and illegal money transfers, StateBank of Pakistan has proposed amendments to limit tax-free foreignremittances to...
EconomyPakistan
Every new born Pakistani child is indebted to Rs 130,000 only: official Report
ISLAMABAD – State Bank of Pakistan released latest figures stating thatevery Pakistani is now indebted by Rs 130,000. The debt...
EconomyPakistan
Pakistan s Dollar Reserves rise surprisingly
KARACHI: Pakistan reserves held by commercial banks have risen by 24percent to $6.12 billion, latest data has revealed. This translates...
Pakistan
SBP unveils report on accounts of Zainab’s murderer Imran
LAHORE – The State Bank of Pakistan (SBP) on Friday found no bank accountsunder the name of the suspect in...
EconomyPakistan
Pakistan moves ahead with Chinese Yuan in bilateral trade, ditching US dollar
KARACHI: The State Bank of Pakistan (SBP), in the capacity of the policymaker of financial and currency markets, has taken...
EconomyPakistan
Pakistan Foreign Exchange Reserves register big increase
KARACHI: The foreign exchange reserves have jumped to $21 billion after the country received $2.5bn it raised through auction of...
EconomyPakistan
Pakistan’s public debt increased to Rs 21.7 trillion
ISLAMABAD – Pakistan’s public debt increased to Rs21.770 trillion in August, 11.23 per cent higher than that recorded a year...