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  • SBP prepones meeting to hike key policy rate | The Express Tribune

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    [ad_1] KARACHI: The State Bank of Pakistan (SBP) on Tuesday preponed its meeting to Thursday regarding the matter of hiking up its key policy rate by 100-200 basis points on the recommendation of the International Monetary Fund (IMF). The policy…

  • SBP forex reserves register meagre rise

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    [ad_1] A person counts $100 banknotes. — AFP/File Foreign exchange reserves held by the State Bank of Pakistan (SBP) registered a meagre rise as the cash-bleeding country tries to woo the International Monetary Fund (IMF) for unlocking a much-needed $1.1…

  • SBP reserves rise by $66m to $3.258b | The Express Tribune

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    [ad_1] KARACHI: The foreign exchange reserves held by the central bank rose by $66 million to $3.258 billion in the week ending Feb 17, the State Bank of Pakistan (SBP) said on Thursday, while its total liquid foreign reserves stood…

  • SBP rubbishes claims of $3bn loss due to dollar cap

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    [ad_1] A file photo of a person holding US dollar bills. — AFP/File The dollar cap, which was earlier imposed to stabilise the rupee’s rate against the greenback, did not result in losses worth $3 billion to the national kitty,…

  • SBP raises key interest rate to 25-year high of 17%

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    [ad_1] State Bank of Pakistan Governor Jameel Ahmad addresses a press conference in Karachi on January 23, 2023. — AFP KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) Monday raised the key interest rate by…

  • SBP withdraws some import restrictions

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    [ad_1] This file photo taken on January 3, 2023 shows shipping containers stacked at Nanjing port in China’s eastern Jiangsu province. — AFP Following constant complaints from industry players and stakeholders, the State Bank of Pakistan (SBP) on Monday withdrew…

  • Monetary policy: SBP likely to raise interest rate today

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    [ad_1] A representational image of the State Bank of Pakistan (SBP) building. — AFP/File The State Bank of Pakistan (SBP) is scheduled to meet today (January 23) to assess developments on the economic front and announce its monetary policy for…

  • SBP directs banks to facilitate the release of imports | The Express Tribune

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    [ad_1] KARACHI: The State Bank of Pakistan (SBP) on Monday announced a one-time facility for import-driven businesses in crisis, as it directed commercial banks to process import documents to release the majority of goods stuck up at Karachi ports. The…

  • SBP set to raise policy rate to rein in inflation | The Express Tribune

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    [ad_1] KARACHI: Pakistan’s central bank is highly expected to jack up its key policy rate by 100 basis points (bps) to 17% at the monetary policy review on Monday (Jan 23) ahead of the revival of International Monetary Fund (IMF)…

  • SBP chief expects dollar inflows from next week

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    [ad_1] An undated image of State Bank of Pakistan Governor Jameel Ahmad. — Twitter/@StateBank_Pak State Bank of Pakistan (SBP) Governor Jameel Ahmad on Wednesday claimed that the country will start receiving inflows from next week giving the government much-needed breathing…

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