Cabinet Reviews Dual Nationals’ Eligibility for Key SBP Positions Under New Amendment
The Federal Cabinet has formed a special committee to review proposed amendments to the State Bank of Pakistan (SBP) Act,…
State Bank of Pakistan Releases Foreign Exchange Rates for December 17, 2024
The State Bank of Pakistan (SBP) has released the official foreign exchange rates for December 17, 2024, providing a critical…
Pakistan Stock Exchange Hits Record High as KSE-100 Index Surges Past 116,000
The Pakistan Stock Exchange (PSX) achieved a historic milestone on Monday, with the KSE-100 Index crossing the 116,000-point mark for…
SBP Cuts Key Policy Rate by 200bps to 13%, Marking Fifth Consecutive Reduction
The State Bank of Pakistan (SBP) has announced a reduction in the key policy rate by 200 basis points, bringing…
KCCI Criticizes SBP’s Modest Policy Rate Cut to 13%
The Karachi Chamber of Commerce and Industry (KCCI) has expressed disappointment over the State Bank of Pakistan’s (SBP) recent policy…
Rupee Remains Resilient Despite Marginal Decline to PKR 278.17
The Pakistani rupee showed resilience despite a minor dip against the US dollar in the interbank foreign exchange market on…
CBUAE and National Bank of Tajikistan Strengthen Ties with New MoU for Financial Cooperation
In a significant step toward enhancing financial cooperation, the Central Bank of the UAE (CBUAE) and the National Bank of…
SECP Delegation Visits China to Strengthen Capital Market Collaboration
A high-level delegation from Pakistan, led by Securities & Exchange Commission of Pakistan (SECP) Chairman Akif Saeed, is currently visiting…
SBP Likely to Take Cautious Approach to Interest Rate Cuts Amid Economic Challenges
The State Bank of Pakistan (SBP) is expected to adopt a measured approach to reducing the policy rate, despite significant…
ECB and EIOPA Unveil Proposal to Mitigate Economic Impact of Natural Disasters in the EU
In an effort to address the growing economic challenges posed by natural catastrophes, the European Central Bank (ECB) and the…