Governor has awarded the first restricted license for pilot operations to Mashreq Bank Pakistan Limited (MBPL) in a special ...

The State Bank of Pakistan (BPS) injected Rs1,754 billion in the market through reverse repo purchase and Shariah Compliant Mudarabah based Open Market Operations (OMO) on Friday. The SBP conducted ...

The repatriation of profits and dividends from foreign investments in Pakistan increased to $1,317.5 million in July-January ...

The SBP has expressed its willingness to facilitate PayPal’s potential entry into Pakistan, aligning with ongoing efforts led ...

The State Bank of Pakistan has slashed rates from an all-time high of 22% last June, one of the most aggressive moves among central banks in emerging markets and exceeding its 625 bps of rate cuts ...

The country recorded a current account deficit of $420 million in January, marking the highest level in seven months. The ...

The BoK has officially started its transition to a fully Islamic bank, aligning with Pakistan’s goal of a Shariah-compliant ...

The State Bank of Pakistan has slashed rates by 1,000 bps from an all-time high of 22% in June 2024, one of the most aggressive moves among central banks in emerging markets and exceeding its 625 bps ...

No definitive timeline or process was revealed, but central bank officials indicate they expect to introduce a new series of Pakistani rupee notes beginning sometime after mid-2025.

KARACHI (Reuters) -Pakistan's central bank cut its key policy rate by 100 basis points to 12% on Monday, the governor told reporters, for a sixth straight reduction since June as the country ...