Search For "sbp"
Pakistani rupee further weakens against US dollar, touches Rs 178 mark
Updated : 4 years, 3 months ago IST
Islamabad [Pakistan], December 10 (ANI): The Pakistani rupee continues to fall against the US dollar and on Friday it touched a fresh low record of Rs 178 to the greenback, reported local media.
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IMF rejects Pakistan's borrowing request
Updated : 4 years, 3 months ago IST
Islamabad [Pakistan], November 25 (ANI): The International Monetary Fund (IMF) has rejected Pakistan's request to keep a door open for borrowing from the central bank amid the ongoing financial woes in the country.
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Jump in services import, higher commodity prices increase Pakistan's curre
Updated : 4 years, 3 months ago IST
Karachi [Pakistan], November 20 (ANI): In the wake of a spike in imports and higher international commodity prices, Pakistan's current account deficit - higher foreign expenditure compared to income - swelled to USD 5.08 billion in the first four months (July-October) of the current fiscal y
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UAE firm files lawsuit worth around Rs 74 billion against State Bank of Pa
Updated : 4 years, 3 months ago IST
Islamabad [Pakistan], November 20 (ANI): An United Arab Emirates-based trading and investment firm has filed a lawsuit worth around Rs 74 billion against the State Bank of Pakistan (SBP) and a private bank, local media reported.
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IMF demands five major prior actions to resume loan facility: Pakistan fin
Updated : 4 years, 3 months ago IST
Islamabad [Pakistan], November 17 (ANI): Pakistani Finance Adviser Shaukat Tarin has said that IMF gave Pakistan a list of five major prior actions for the resumption of its six billion dollars Extended Fund Facility (EFF), local media reported.
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Pakistan's exports to India plunged to 90.4 pc in 2021: Report
Updated : 4 years, 4 months ago IST
Islamabad [Pakistan], November 15 (ANI): Pakistan's exports to India plunged 90.4 per cent to USD 0.099 million this year from USD 1.035 million in Financial Year 2021, according to latest data released by the State Bank of Pakistan (SBP).
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State Bank of Pakistan raises Cash Reserve Requirement of banks by 1 pc to
Updated : 4 years, 4 months ago IST
Karachi [Pakistan], November 14 (ANI): The State Bank of Pakistan (SBP) on Saturday raised Cash Reserve Requirement (CRR) by one percentage point for scheduled banks for the first time in 13 years in a bid to curb rising inflation in the country.
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Pakistan's IMF programme stirs controversy as government violates due legi
Updated : 4 years, 4 months ago IST
Islamabad [Pakistan], November 13 (ANI): The due legislation procedure was bypassed in haste for the State Bank of Pakistan (SBP) Amendment Bill that has landed the International Monetary Fund programme in Pakistan into deeper controversy, reported The News International.
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Inflation in Pakistan will continue to rise for next 6 months: Report
Updated : 4 years, 4 months ago IST
Islamabad [Pakistan], November 6 (ANI): The inflation will remain high in Pakistan for the next six months and the rupee is likely to continue on a depreciatory path despite a support package from Saudi Arabia, local media reported citing the Economist Intelligence Unit (EIU).
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Former Pak Finance Minister Dar express concern over reduction of oil defe
Updated : 4 years, 4 months ago IST
Islamabad [Pakistan], November 1 (ANI): Pakistan former Finance Minister Ishaq Dar on Monday expressed concerns over the reduction of oil deferred payment facility by Saudi Arabia.
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As Pakistani rupee continues to drop, its central bank injects USD 1.2 bn
Updated : 4 years, 6 months ago IST
Islamabad [Pakistan], September 15 (ANI): The State Bank of Pakistan (SBP) has injected nearly USD1.2 billion into the inter-bank market in three months to defend the weakening rupee, local media reported on Wednesday.
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Pakistani rupee registers all-time low against US dollar
Updated : 4 years, 6 months ago IST
Islamabad [Pakistan], September 13 (ANI): Pakistani rupee neared an all-time low after another fall against the US dollar.
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