SBP Expands RAAST Payment System to Provincial Accountant Generals for Broader Digital Integration
The State Bank of Pakistan (SBP) is advancing its digital transformation agenda by extending its RAAST payment system to the…
SBP to Mark Women Entrepreneurship Day with Nationwide Celebrations and Awards
The State Bank of Pakistan (SBP) is set to celebrate Women Entrepreneurship Day (WED) on November 19, 2024, in an…
Banking Mohtasib Grants Rs. 1 Billion Relief to Customers in 2024
The Banking Mohtasib of Pakistan has extended significant monetary relief to banking customers, providing over Rs. 1.06 billion during the…
Rupee Declines Further Against US Dollar, Closes at 278 in Interbank Market
The Pakistani rupee (PKR) faced another challenging trading session, posting losses against the US Dollar (USD) for the second consecutive…
NBP Sells Entire Stake in Agritech Limited, Completes Divestment Process
The National Bank of Pakistan (NBP) has completed the divestment of its entire stake in Agritech Limited (PSX: AGL), marking…
Pakistan and China Sign Currency Swap Agreement to Boost Bilateral Ties
Pakistan and China have taken a significant step to enhance their economic collaboration by signing a currency swap agreement on…
Fauji Fertilizer Acquires Agritech Shares from National Bank of Pakistan
On October 15, 2024, Fauji Fertilizer Company Limited (FFC), listed on the Pakistan Stock Exchange under the ticker PSX: FFC,…
PSX Closes in Red, Loses 222 Points Amid Bearish Trend
ISLAMABAD: The Pakistan Stock Exchange (PSX) experienced a bearish trend on Monday, with the benchmark KSE-100 index shedding 222.02 points.…
Pakistani Rupee Slightly Weakens, Closes at Rs277.66 Against US Dollar
ISLAMABAD: The Pakistani rupee experienced a minor depreciation against the US dollar in the interbank market on Monday, shedding 3…
World Bank Report Highlights Debt Crisis for 26 Poorest Nations Since 2006
The World Bank’s latest report reveals that the world’s 26 poorest countries are facing their worst economic conditions since 2006,…