Search For "sbp"
Int'l investors perceive Pakistan as country with high debt default risk
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], May 26 (ANI): Pakistan is now perceived by the International investors as a country with high default risk at a time when the foreign exchange reserves by the State Bank of Pakistan (SBP) are down from USD 20 billion in August 2021 to USD 10.1 billion in nine months.
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Sharif government refuses extension for Governor of State Bank of Pakistan
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], May 4 (ANI): The three-year tenure of Reza Baqir as the Governor of the State Bank of Pakistan (SBP) is set to expire on Thursday as the government decided not to extend his term.
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High interest rate by State Bank of Pakistan to wreck country's economy
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 10 (ANI): After the State Bank of Pakistan "surprisingly" increased the interest rate by 250 basis points, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Irfan Iqbal Sheikh said, this will put a halt to the economic and commercial activ
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State Bank of Pakistan hikes interest rate by 250 basis points to 12.25 pe
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 7 (ANI): The State Bank of Pakistan has increased the interest rate by 250 basis points to 12.25 per cent, reported the local media on Thursday.
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Reserves of State Bank of Pakistan decreases by massive USD 2.915 billion
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 1 (ANI): Amid Pakistan's continuing economic woes, reserves held by the State Bank of Pakistan (SBP) decreased by a massive USD 2.915 billion, revealed the data released by the central bank on Thursday.
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Cosmofeed raises US$1.5 Million in seed round led by growx ventures, Wavef
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 16 (ANI/PR Newswire): Cosmofeed, a dynamic content monetization and consumption platform that enables creators to digitally and seamlessly optimize, monetize, and manage their audiences has announced raising US $1.5 million in seed funding. The round was c
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Delhi man held for duping government employees, others of over Rs 14 crore
Updated : 4 years ago IST
New Delhi [India], February 28 (ANI): A man was arrested for allegedly duping over 60 people including government and public sector employees of over Rs 14 crore by assuring them possession of a flat in housing project in Greater Noida, Delhi Police said.
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State Bank of Pakistan emphasizes country's challenges in tackling inflati
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 4 (ANI): State Bank of Pakistan (SBP) governor's Dr Reza Baqir on Thursday emphasized controlling inflation and current account deficit as economic growth may slow down to 4.5 per cent.
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Pakistan Peoples Party leader resigns as Senate opposition leader
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], January 31 (ANI): Pakistan Peoples Party (PPP) leader Yousuf Raza Gilani resigned from the post of leader of opposition in the Senate on Monday.
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Pakistan Opposition to move court against SBP amendment bill
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], January 30 (ANI): Pakistan opposition has decided to challenge the State Bank of Pakistan (Amendment) Bill 2022 in the court a day after the Senate approved it with a one-vote majority, local media reported.
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Imran Khan's bid to collect relief fund for new govt in Afghanistan faces
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], January 26 (ANI): The Imran Khan government's recent bid to raise funds for the new rulers in Kabul has been shot down by the State Bank of Pakistan (SBP) amid fears that financing of the Taliban regime could invite international sanctions, according to a media report.
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Pakistan govt, opposition lock horns over SBP amendment bill
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], January 23 (ANI): Pakistan Tehreek-i-Insaf (PTI) led coalition government and opposition are expected to lock horns next week over the State Bank of Pakistan (Amendment) Bill 2021 in Senate.
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