Fresh Currency Notes Amounting Rs360BN Were Issued For Eid: SBP
KARACHI: State Bank of Pakistan (SBP) has revealed that it issued fresh currency notes amounting whopping Rs360 billion to citizens on occasion of Eid-ul-Fitr, AbbTakk...
Federal Cabinet Directs SBP To Control Surge In Dollar Rate
ISLAMABAD: The federal cabinet on Tuesday directed the State Bank of Pakistan (SBP) to control rapid surge in dollar price through strict measures. Prime Minister’s...
Governor SBP Can Not Be Removed Forcefully: Bilawal
ISLAMABAD: Chairman Pakistan Peoples’ Party (PPP) Bilawal Bhutto Zardari has said that the governor state bank cannot be removed forcefully as a manner the government...
Govt Appoints Dr Raza Baqir As Governor SBP
ISLAMABAD: Government of Pakistan has appointed Dr Reza Baqir as a governor State Bank of Pakistan. The government has issued a notification in this regard...
Federal Govt Returns Rs22 Trillion Loan To SBP
KARACHI: Federal government on Thursday returned a massive loan of about Rs22 trillion to the State Bank of Pakistan (SBP). International Monetary Fund (IMF) expressed...
Government To Discontinue Rs40,000 Bonds
KARACHI: Federal government on Friday announced its decision of discontinuing the Rs. 40,000 national prize bonds. State Bank of Pakistan (SBP) has said that it...
Pakistan Receives $1b from UAE, Confirms SBP
ISLAMABAD: Pakistan has received one billion dollar amount from brotherly country United Arab Emirates on Thursday, State bank of Pakistan has confirmed the move. The...
SBP Warns Citizens Against Scam Phone Calls
Karachi (November 14, 2018): Pakistan’s central bank has advised citizens to be on alert and refrain from providing personal information over fraudulent phone calls from...
Total Foreign Reserves Stand At $16,798 Mln: SBP
Islamabad (June 22, 2018): The State bank of Pakistan said that the total liquid foreign reserves held by the country stood at US$16,798.0 million on June...
China Gives Pakistan $1.6 bln To Boost Currency Reserves: Sources
Islamabad (May 25, 2018): China has given Pakistan a credit line worth $1.6 billion to stave off a balance of payments crisis, two Pakistani central...
Banks To Remain Closed Today Due To Zakwat Deductions
Karachi (May 17, 2018): All the banks including the State Bank of Pakistan will remain closed for public services today due to Zakwat deductions. The spokesman of...
SBP To Raise Interest Rate in New Monetary Policy
Karachi (March 27, 2018): The State Bank of Pakistan will announce monetary policy on Friday for two months through the press statement, an official said. The...
SBP Declared Best Central Bank For Promoting Islamic finance
Karachi (January 11,2018): The State Bank of Pakistan has been voted as the Best Central Bank in Promoting Islamic Finance. State Bank of Pakistan has...
Rupee Slide Against Dollar Continues
Karachi (December 12, 2017): The rupee slide against the US dollar continues to appreciate against PKR and hit Rs110 a dollar....
Overseas Pakistanis Remit $ 4.79bn in First Quarter of 2018: SBP
Karachi (October 11, 2017): Overseas Pakistani remitted $4,790.01 million in the first three months (July to September) of fiscal year 2018 (FY18), compared with $4,740.37...
Dar Signs Agreement To Allow Tax Payment Through ATMs
Islamabad (October 03, 2017): Finance Minister Muammad Ishaq Dar on Tuesday signed an agreement to allow payments of taxes through ATMs’ Machines among the Federal...
Plunge in Rupee’s Value to Be Investigate thoroughly: Dar
Islamabad (July 6, 2017): Finance Minister Ishaq Dar on Wednesday said that investigation into to what he said artificial raise in the value of US...
SBP to remain close on May 29 as Bank Holiday
Karachi (May 27, 2017): The State Bank of Pakistan (SBP) will remain closed for public dealings on May 29, 2017, which will be observed as...
Riaz Riazuddin appointed as SBP acting governor
ISLAMABAD (May 02, 2017): The government has appointed Riaz Riazuddin as acting governor of State Bank of Pakistan on Monday....
SBP issues special commemorative coin of Rs50 to honor Abdul Sattar Edhi
KARACHI: The State Bank of Pakistan (SBP) on Friday issued a special commemorative coin of Rs50 in honour of late humanitarian and Edhi Foundation Chairman...