Committee unanimously passes the Banking Services Amendment Bill, 2020.
KARACHI: The State Bank of Pakistan kept the interest unchanged at seven per cent expecting the inflation to remain...
Existing framework does not share a comprehensive action plan to address the problems of migrant workers, the central bank says.
• SBP data shows CA was surplus with $382m in October against $59m in September • Hafeez says govt will continue efforts for
This year-on-year improvement is expected to come from a steady performance of agriculture and a recovery in the services sector.
During the week, dollar inflows remained high creating a surplus in the open market.
KARACHI: Overseas Pakistanis sent $2.28 billion in October, up 14.1 per cent year-on-year from $2.0bn in the same...
Circular issued after instructions from cabinet division.
A robust increase in investments, funded by a surge in deposits explains the growth, SBP says.
KARACHI: The rupee continued to strengthen against dollar on Tuesday hitting six-month high of Rs159.93 in the...
The dollar was traded at Rs161.37 losing 45 paisa after depreciating throughout the week.
KARACHI: Pakistan posted a $73 million current account surplus in September compared to $211m in August, which was...
On a cumulative basis, foreign direct investment fell 24pc in the first quarter of the current fiscal year.
The dollar was traded as low as Rs162.70 intraday.
KARACHI: Remittances sent by the overseas Pakistanis have jumped by 31 per cent to $7.147 billion during the first...
Open markets are doing almost one-sided business as buyers make up just 10 per cent of the trading while the rests are sellers.
Sharp fall in imports and exports led to reversal of current account deficit.
Growth projected at 2pc, inflation 7-9pc.
40pc jump in kerb selling of dollars, claim dealers.
Month-on-month, the FDI edged lower by $2m or 1.75pc from July’s figure of $114.3m.