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Economic Conditions Improved in Pakistan During Last Fiscal Year, State Bank Report
The State Bank of Pakistan has issued its annual report for the 2023-24 fiscal year, highlighting improvements in Pakistan’s economic conditions. According to...
State Bank Reserves Strengthen Further, Up $100 Million in One Week
The foreign exchange reserves held by the State Bank of Pakistan (SBP) posted an increase of $106 million on a weekly basis according...
State Bank Increases Loan Limit for Small and Medium Businesses in Key Move
The State Bank of Pakistan (SBP) has taken a significant step to support small and medium businesses as well as industries by raising...
State Bank of Pakistan Announces Job Vacancies in Various Departments
The State Bank of Pakistan has opened applications for various positions, including Assistant Director (OG-2) in the Museum, Art Gallery & Archives Department...
State Bank Clarifies on New Banknote Designs
Karachi: The State Bank of Pakistan has clarified that the winning designs from the recent art competition are not shortlisted for the new...
State Bank of Pakistan Cuts Policy Rate by 2%
Pakistan’s central bank has reduced the policy rate by 2 percentage points to 17.5%, effective September 13, 2024. The Monetary Policy Committee (MPC)...
State Bank of Pakistan Announces Results of New Banknote Design Competition
The State Bank of Pakistan (SBP) has concluded its Art Competition for the new banknote series, recognizing local artists and designers for their...
Weekly Currency Market Report: US Dollar Gains in Interbank, Declines in Open Market
During the past week, the US dollar appreciated by 12 paisa in the interbank market, rising from Rs. 277.52 to Rs. 277.64. However,...
World Bank Report on Pakistan’s Economy Released
The World Bank has released a report highlighting key issues in Pakistan’s economy, noting a rise in the poverty rate. According to the...
Commercial Banks Earn 65 Billion Rupees by Selling Expensive Dollars, Senate Committee Reveals
The Senate Standing Committee on Economic Affairs, chaired by Senator Saifullah Abro, uncovered that commercial banks profited by selling dollars at inflated prices,...
