SBP
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SBP governor says hike in inflation expected after 3-4 months
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SBP Governor Jameel Ahmad addresses a press conference in this undated picture. — AFP/File State Bank of Pakistan Governor Jameel Ahmed said on Monday that the inflation would stay low for the next three to four months due to some…
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SBP receives $500m from ADB under climate resilience programme
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Children stand as their family takes refuge along a damaged road amid a flood, following rains and floods during the monsoon season in Bajara village, at the banks of Manchar lake, in Sehwan, September 6, 2022. — Reuters In a…
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SBP: Banks to remain closed on Nov 9
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An undated image of a State Bank of Pakistan building. — SBP Website/File KARACHI: The State Bank of Pakistan (SBP) has announced that all the banks will remain shut on November 9 owing to the birth anniversary of Dr Allama…
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SBP slashes policy rate by 250bps, extending its hawkish monetary stance for 4th time
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The State Bank of Pakistan’s (SBP) old building in Karachi. — AFP/File The State Bank of Pakistan (SBP) on Monday eased its monetary policy for fourth time in a row, lowering the key interest rate by 250 basis points to…
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Market rallies as investors anticipate SBP rate cut
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Pakistani stockbrokers watch the latest share prices on a digital board during a trading session at the PSX in Karachi on May 28, 2013. — AFP The Pakistan Stock Exchange (PSX) rallied strongly as the beginning of the week, with…
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CPI stats trigger off over 1,800-point rally at PSX ahead of SBP meeting
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A stock broker looks at a computer during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on July 31, 2023. — AFP Stocks rallied on Friday, spurred by October’s mild inflation data, strengthening expectations for the central…
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Inflation up at 7.2% in Oct as SBP gets ready for policy rate decision
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People look at handbags on display outside shops in a market, ahead of Eid al-Fitr celebrations in Karachi, Pakistan April 19, 2023. — Reuters Pakistan’s annual inflation edged up to 7.2% in October 2024, registering an increase from 6.9% in…
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SBP report points out improved economic indicators in FY24
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A labourer bends over as he carries packs of textile fabric on his back to deliver to a nearby shop in a market in Karachi on June 24, 2022. — Reuters KARACHI: Amid the government’s efforts to steer the country…
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IMF engagement boosts Pakistan’s macroeconomic conditions: SBP
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A brass plaque of the State Bank of Pakistan is seen outside of its wall in Karachi, Pakistan December 5, 2018. — Reuters Pakistan’s macroeconomic conditions saw improvement in the fiscal year 2023-24, driven by several factors, including effective collaboration…
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Forex reserves strengthen to 2-month import cover: SBP chief
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Governor of State Bank of Pakistan Jameel Ahmad. — SBP website. Pakistan’s foreign exchange reserves jumped to a two-month import cover after receiving the first installment from the International Monetary Fund’s $7 billion Extended Fund Facility, State Bank Governor Jameel…
