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Pakistan foreign reserves decrease due external debt payment

News Desk
2017-12-22

ISLAMABAD: The country’s total liquid foreign reserves held by the country stood at US$20.383 billion on December 15, as compared...

Pakistan Non-Performing loans move down to 9.2pc, lowest since 2008: Report

News Desk
2017-12-18

ISLAMABAD: The Non- Performing Loans (NPLs) to gross advances (infection) ratio has moved down to 9.2 by end of September...

Federal Cabinet approves maximum limit of retail prices of drugs

News Desk
2017-11-09

PM Shahid Khaqan Abbasi chairs meeting of the cabinet in Islamabad. The federal cabinet has allowed the State Bank of...

State Bank of Pakistan to raise Rs 4.375 trillion through treasury bills

News Desk
2017-11-04

KARACHI: State Bank of Pakistan (SBP) on Friday disclosed the government intends to raise Rs4.375 trillion from banks through sale of...

SBP releases Ist annual performance review for financial year 17

News Desk
2017-11-01

KARACHI: The State Bank of Pakistan (SBP) on Tuesday released its Annual Performance Review for Financial Year2016-17 A statement of...

Internet banking, Mobile Banking on rise in Pakistan

News Desk
2017-10-31

ISLAMABAD: The adaptation of internet and mobile banking has witnessed a remarkable growth as the number of users and their...

Pakistan Foreign direct investment jumped 56pc in FY 2017-18

News Desk
2017-10-20

ISLAMABAD: Foreign direct investment (FDI) increased 56 per cent year-on-year in the first quarter of 2017-18, the State Bank of...

SBP revises cash carrying limit for outward – inward travels

News Desk
2017-09-06

KARACHI: State Bank of Pakistan has revised per person per visit outward/inward cash carrying limits of Pakistan currency notes (PKR). The...

Ishaq Dar – State Bank of Pakistan at odds with Finance Minister over Rupee devaluation

News Desk
2017-07-06

ISLAMABAD – Pakistan Finance Minister Ishaq Dar clashed with the central bank on Thursday over a 3.1 percent plunge in...

State Bank of Pakistan issues fresh currency notes worth Rs 342 billion

News Desk
2017-06-23

State Bank of Pakistan has issued fresh currency notes worth 342 billion rupees this Ramadan. According to a statement issued...

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