Shahid Iqbal

This reflects an improvement in economic activities when compared with a net debt retirement in the same period last year. Updated 17 Oct, 2021 09:46am

SBP advises banks to submit a roadmap of implementing measures within 30 days. Updated 16 Oct, 2021 10:32am

Around 98.9pc of total depositors of conventional and 98.5pc of Islamic banks eligible for deposit protection. Published 15 Oct, 2021 07:35am

Banks remain liquid during the last 12 months due to record growth in remittances which ultimately translated into local currency. Updated 14 Oct, 2021 08:34am

Bankers say further steps are required to bring down the import bill which is the main reason for the higher dollar demand. Updated 13 Oct, 2021 08:08am

Projects promising 1,082MW of energy supply have been financed since 2019. Updated 12 Oct, 2021 07:15am

“This is the 7th consecutive month when inflows recorded around $2.7bn on average,” says central bank. Updated 09 Oct, 2021 09:11am

As dollar hits all-time high at Rs171, central bank places new curbs from Oct 22. Updated 07 Oct, 2021 05:03pm

The rising debt creates higher debt servicing which eats up most of the tax revenue while it also reduces the development funds. Published 06 Oct, 2021 06:59am

SBP data shows that in Sept, the inflow of foreign investment in equity was $50.8m while the outflow was $136.8m. Updated 02 Oct, 2021 10:09am

Central bank says measure will discourage imports and support the balance-of-payments. Updated 01 Oct, 2021 07:54am

The dollar has surged by 11.5 per cent against the rupee since May 7. Updated 30 Sep, 2021 07:47am

Banker say the private sector has been chasing the annual economic growth target faster than anticipated by the govt and the SBP. Updated 29 Sep, 2021 09:43am

Currency dealers say the interbank market is full of speculative reports which affect the exchange rate negatively. Published 28 Sep, 2021 07:08am

Banking sources say 100pc cash margin is expected to curb imports which have severely shaken the exchange rate. Updated 26 Sep, 2021 11:12am

Maximum tenure of auto financing cut from seven to five years; minimum down payment for car financing raised from 15pc to 30pc. Published 24 Sep, 2021 07:54am

Investors welcome increase in cut-off yields. Published 23 Sep, 2021 07:37am

KARACHI: The State Bank of Pakistan (SBP) on Monday increased the policy rate by 25 basis points to 7.25 per cent... Published 21 Sep, 2021 07:30am

During the first two months of the current fiscal year it noted a net retirement of Rs170.8bn. Updated 19 Sep, 2021 09:10am

The deficit has increased by a whopping 81pc over a month. Updated 18 Sep, 2021 09:58am