Tag: state bank

Currency notes being sold illegally outside State Bank

Black marketing of new currency notes was witnessed out the State Bank of Pakistan (SBP) for Eid on Friday, City42 reported. According to the channel,...

State Bank dominates Corporate T20 Cup

State Bank defeated Candyland with a large margin of 83 runs in the Advance Telecom 2nd Corporate T20 Cup played at the DHA Sports...

Workers remit history

Remittances sent home by overseas Pakistani workers crossed $13 billion mark for the first time in country’s history during the last fiscal year (2011-12)....

Another feather in SBP’s cap

The cash-strapped federal government has increased its budgetary reliance on the central bank as the prices of commodities, specially the oil, on international market...

Banks celebrate a decade of nonpayment

The commercial banks for over a decade have not surrendered to the State Bank any amounts pertaining to the federal and provincial governments and...

SBP changes rules

The State Bank of Pakistan (SBP) has amended certain rules governing the primary dealer system to streamline and further strengthen this system. The purpose...

The govt knows how to break promises… and backs

The inflationary pressures in the poverty-hit country are expected to persist in the months ahead as the cash-strapped government is heavily relying on the...

SBP allows banks to exchange Rs 500 old design note till...

The State Bank of Pakistan (SBP) has allowed all commercial banks, microfinance banks (MFBs) and field offices of SBP Banking Services Corporation (SBP BSC)...

Get your lazy backsides out of the box!

Governor State Bank of Pakistan Yaseen Anwar has called upon the regional central bankers to fully understand the nature of their economies and go...

SBP governor vies to erase the writing on the wall

Governor State Bank of Pakistan Yaseen Anwar Thursday said Pakistan would not face any risk in making repayments to the International Monetary Fund (IMF)....

Asghar Khan petition: SC directs Governor SBP to assist court

The Supreme Court (SC) on Thursday adjourned hearing of Asghar Khan Case regarding misuse of public money for political purposes till 4th June. Hearing...

SBP invites applications for appointment of primary dealers

The State Bank of Pakistan (SBP) has invited applications from interested financial institutions for appointment as Primary Dealers (PDs) of Government Securities i.e. Pakistan...

Dollar reserves inch up to $16.434 billion

Country’s dollar reserves witnessed a slight increase of 0.07 percent or $ 12 million during the week that ended on April 27 on the...

Pakistan forex reserves flat at $16.39 bln

Pakistan's foreign exchange reserves were $16.39 billion in the week ended March 16, unchanged from the previous week, the central bank said on Thursday. Reserves...

Inflation will remain within target: SBP governor

State Bank of Pakistan Governor Yaseen Anwar has said inflation will remain in the targeted limit and the issue of circular debt can be...

Total expansion in debt, liabilities increases 7.2pc

The share of the domestic component was 76.3 percent of total expansion in debt and liabilities during first five months of current fiscal year...

Time for the central bank to believe in omens

Pakistan’s central bank announced on Saturday that it would keep the policy rate unchanged at 12 per cent for the next few months in...