Tag: SBP
Is Dr Shamshad Akhtar Violating the SOE Act 2023?
Serving as the finance minister (FM) of Pakistan since 17 August 2023, Dr Shamshad Akhtar is known for heading boards of companies, ...SBP increases interest rate to record high of 22 percent
“With this background, the MPC convened an emergency meeting to respond to these developments. The MPC decided to raise the policy rate ...FPCCI pens letter to Governor State Bank for opening of LCs
ISLAMABAD: The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has written a letter to the Governor of the State Bank ...Inexperienced bank staff put importers to face hazardous
LAHORE: The Pakistan Business Forum (PBF) has called on the Governor State Bank of Pakistan (SBP) to pay attention towards the difficulties ...SBP introduces Licensing and Regulatory Framework for Digital Banks
Lahore: With the start of 2022, the State Bank of Pakistan has set the stage for the dawn of a new era ...Who misrepresented the current account deficit statistics?
Islamabad: Who misrepresented the current account deficit statistics? According to reports, the misrepresentation of inaccurate data by the statistic team led to ...Record shortage of Pakistan marginally enlarges to $1.9bn
According to the post-data record by Arif Habib Limited on a year-on-year basis, the primary reason behind the deficit was a 57% ...SBP, SFD ink accord
Lahore: A deposit agreement between the Kingdom of Saudi Arabia, represented by the Saudi Fund for Development (SFD), and the ...Rise in Interest Rate Disastrous: EFP
KARACHI: President, Employers’ Federation Pakistan (EFP), Ismail Suttar, was completely bemused by the central bank’s actions towards the recent inflation rates. According ...PKR reaches new low, drops to 175.73 against USD
The Pakistani rupee (PKR) dropped to a record-breaking low of rupees 175.73 against the United States’ dollar (USD) in the bank market ...
