Search For "pakistan state bank"
Pakistan SC starts hearing election body's plea to reconsider Punjab poll
Updated : 3 years ago IST
The ECP, in the 14-page petition, had asked the apex court to review its decision as the judiciary "doesn't have the authority to give the date of elections."
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State Bank of Pakistan likely to raise interest rate to unlock IMF loan pr
Updated : 3 years, 1 month ago IST
The staff-level agreement between the International Monetary Fund (IMF) and Pakistan was scheduled to take place on February 9.
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Pakistan's central bank increases interest rate by 300 basis points to 20
Updated : 3 years, 2 months ago IST
Pakistan's Central Bank increased the interest rate by 300 bps taking the total increase to 1,050 bs since January 2022 to counter rising inflation.
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Pakistan: SBP forex reserves reach USD 4.34 billion, Islamabad left with t
Updated : 3 years, 4 months ago IST
The foreign exchange held by the State Bank of Pakistan reached a low of USD 4.343 billion.
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Pak central bank says govt failed to achieve financial, price stability de
Updated : 3 years, 5 months ago IST
The State Bank of Pakistan has estimated that growth in FY23 would be less than the low range set for the year.
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State Bank of Pakistan's foreign exchange reserves fall to four-year low o
Updated : 3 years, 5 months ago IST
The central bank data noted that the State Bank of Pakistan's reserves were recorded below this level during the week that ended on January 18, 2019,
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Pakistan's FDI plunges 52 per cent in four months
Updated : 3 years, 6 months ago IST
On Monday, the Pakistan State Bank issued the latest data, showing the FDI fell to USD 348.3 million in July-October FY23 from USD 726.5 million during the same period of the last fiscal year (FY22), the Dawn newspaper reported.
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Floods in Pakistan cause economic loss to the tune of USD 12.5 billion
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], September 5 (ANI): The estimated economic loss to Pakistan from floods has increased from USD 10 billion to USD 12.5 billion.
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Assurance from friendly countries needed for IMF-Pakistan loan deal
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], August 3 (ANI): Amid dwindling foreign reserves, the International Monetary Fund (IMF) on Tuesday announced the approval of USD 1.2 billion in loans on the condition that Pakistan should timely secure adequate assurances from friendly countries in order to tackle the wi
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Macroeconomic imbalances likely to affect Pakistan's growth prospects
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], June 30 (ANI): Pakistan achieved economic growth of 5.97 per cent in FY2022, but the underlying macroeconomic imbalances associated with domestic and international risks might affect the growth prospects, Pakistan media reported.
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Pak PM directs country's State Bank to hold meet with Chinese banks for tr
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], June 6 (ANI): Amidst Pakistan's failure to address the financial issues concerning the CPEC projects, Prime Minister Shehbaz Sharif has directed the country's State Bank to hold meetings with the Chinese banks for bilateral trade using China's Renminbi (RMB) and Paki
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Pakistani rupee continues downward slide, US dollar climbs over 189-mark
Updated : 4 years, 1 month ago IST
Karachi [Pakistan], April 7 (ANI): The Pakistani rupee continued its free fall, selling at above Rs 189 against the US dollar on Thursday.
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