Tag: Sbp
Fresh IMF loan turns dearer as SBP doubts FBR can do...
The Federal Board of Revenue (FBR) is unlikely to achieve even the revised tax collection target of Rs 2.191 trillion for the current fiscal...
Political ‘intangibles’ driving Pakistan’s economic fate
Soft international commodity prices and the ever-burgeoning remittances are expected to rid the dollar-hungry economy of its current account woes in FY 13, but...
SBP caps forex exposure at Rs 3.5 billion
The central bank has decided to increase the maximum cap on aggregate Foreign Exchange Exposure Limit (FEEL) of the authorized dealers to Rs 3.5...
SBP keeps policy rate intact at 9.5% for two months
As expected, the central bank on Friday kept the discount rate intact at 9.5 percent for the next two months.
The decision was taken by...
SBP keeps policy rate intact at 9.5% for two months
As expected, the central bank on Friday kept the discount rate intact at 9.5 percent for the next two months.
The decision was taken by...
LHC lifts the bar of Wathra from working as SBP deputy...
The Lahore High Court (LHC) on Tuesday allowed State Bank of Pakistan (SBP) Deputy Governor Ashraf Wathra to continue his job, which he had...
Analysts foresee status quo in SBP’s monetary stance on Friday
The central bank, which is due to unveil its monetary policy stance for next couple of months coming Friday, is expected to maintain the...
Tareen responds to SBP’s allegations
The State Bank of Pakistan on Wednesday forwarded a list of loan defaulters to the Election Commission of Pakistan, which is currently scrutinizing the...
LHC bars SBP deputy governor from working
The Lahore High Court has barred State Bank of Pakistan Deputy Governor Ashraf Wahtra from working.
LHC Justice Mansoor remarked as to how the SBP...
Pakistan’s liquid foreign reserves stand at over $12b
The total liquid foreign reserves held by the country stood at $ 12,370.0 million on March 22, 2013. Giving a break-up of the...
SBP likely to keep policy rate unchanged despite rise in inflation
The economic observers expect the central bank to keep the discount rate intact at 9.5 percent for next couple of months despite foreseeing the...
SBP gives Rs 445b to cash-strapped banks to borrow back Rs43b
Having injected around Rs 445 billion into the banking system Friday, the central bank has announced to borrow for the Ministry of Finance Rs...
Dr Hafeez hindered appointments to SBP’s central board?
After years long delay the federal government has finally completed the quorum on the Central Board of Directors of the State Bank of Pakistan...
Minimum profit rate on saving bank accounts upped to 6pc
The State Bank of Pakistan (SBP) Friday directed the commercial banks to pay minimum annual profit rate of 6.0 percent on all Pak Rupee...
Sindh govt, SBP announce mark up subsidy, guarantee facility for rice...
The Sindh government, in collaboration with the State Bank of Pakistan (SBP), has offered interest subsidy of 6.25 percent and credit risk sharing facility...
State Bank injects Rs 489.95b in banking system
The State Bank of Pakistan on Friday injected Rs489.95 billion into the money market through a 7-day reverse repo to help banks meet their...
SBP moves to regulate exports to and via Afghanistan to CARs
In view of peculiar nature of trade with Afghanistan, the central bank Friday asked the authorized dealers to accept the cash convertible currencies brought...
