On September 29, 2020, the US Federal Reserve Board announced the termination of enforcement actions with Habib Bank Limited Pakistan and Habib Bank Limited New York Branch, dating from 2015 as per the Federal Reserve Board Press Release. Earlier this year, in February, Habib Bank Limited (HBL) ...

TOKYO: Asian shares touched a 10-year high on Thursday after the US Federal Reserve expressed optimism about the economy, virtually cementing the case for a year-end rate hike as investors awaited the formal nomination of the next head of the central bank.But investors were nervous as they awaited ...

ISLAMABAD: State Bank of Pakistan SBP has decided to keep policy rate unchanged at 6% for next two months. The policy rate is the benchmark interest rate that helps determine the general cost of borrowing in the economy. The interest rate is not changed to support Pakistani currency Rupee. The ...