SBP Cancels Al-Rahim Exchange Company Licence With Immediate Effect
State Bank of Pakistan cancels Al-Rahim Exchange Company’s authorisation with immediate effect over serious regulatory violations, barring the company from all foreign exchange related activities.
SIFC Explores Pakistan’s Potential to Enter $704.8 Billion Medical Tourism Market
SIFC is exploring ways to position Pakistan as a medical tourism destination by leveraging lower treatment costs, skilled healthcare professionals, international qualifications and geographic advantages.
BIPL Exchange Company Commences Operations in Pakistan Following First Branch Launch in Karachi
BIPL Exchange Company Private Limited enters the currency market, opening its first branch on I.I. Chundrigar Road with fully Shariah compliant foreign exchange services.
SBP Reports Rise in Pakistan Foreign Exchange Reserves to 21.89 Billion Dollars
Pakistan’s total foreign exchange reserves climbed to 21.89 billion dollars for the week ending April 3, 2026, as SBP holdings reached 16.4 billion dollars.
BankIslami Exchange Company Receives State Bank Authorization for Business Commencement
BankIslami Pakistan announces that its subsidiary, BIPL Exchange Company, has received formal authorization from the SBP to commence foreign exchange operations.
Pakistan Foreign Exchange Reserves Rise to $21.79 Billion in Late March
State Bank of Pakistan reports a slight increase in foreign exchange reserves to $16.38 billion while total liquid reserves climb to $21.79 billion.
PakBanker Brief: Fuel, Fiscality & the Electric Shift — Pakistan’s Rs458 Moment
Pakistan’s record fuel prices are exposing deep fiscal dependencies and accelerating a shift toward electric mobility. As petrol hits Rs458 per litre, the economics of transport, taxation, and energy are entering a critical transition phase.
NBP exchange rates today: US dollar opens at Rs279.80 in Pakistan forex market
National Bank of Pakistan releases latest forex benchmark rates for March 5, 2026, with US dollar at Rs279.80 selling and Rs279.30 buying along with updated currency conversion values.
SBP Cancels Glaxy Exchange License for Serious Regulatory Violations
The State Bank of Pakistan has revoked the license of Glaxy Exchange with immediate effect due to serious regulatory violations, barring the company from conducting foreign exchange business nationwide.
Pakistan foreign exchange reserves increase to $21.19 billion in week ended January 2
Pakistan’s total liquid foreign exchange reserves rose to $21.192 billion by January 2, with SBP-held reserves increasing by $141 million, according to central bank data.