Pakistani Rupee Gains Nearly 3 Paisa Against US Dollar in Interbank Market
Pakistani rupee strengthened by 2.90 paisa against the US dollar to close at PKR 277.37 in the interbank market, while also gaining against most major currencies.
SBP’s Foreign Exchange Purchases Fall Sharply To $154 Million In May 2026
State Bank of Pakistan purchased $154 million from the interbank foreign exchange market in May 2026, marking a sharp monthly decline and the lowest purchase level since January 2025.
SBP Foreign Exchange Reserves Rise by $17 Million to $17.10 Billion
State Bank of Pakistan foreign exchange reserves increase by $17 million to $17.099 billion during the week ended August 20, 2026.
Pakistan’s Energy Independence Hinges on Renewables, Storage and Local Manufacturing
Pakistan faces a potential $4.5 billion energy import shock, highlighting the need for renewable power, battery storage, stronger SEZs and domestic clean tech manufacturing.
Pakistani Banks To Pay $256 Million For Receiving Foreign Remittances In FY27
Pakistani banks are expected to pay $256 million to overseas banks for processing workers’ remittances after the government ended its financial support scheme.
Senate Committee Reviews $800 Million Remittance Claim and New Pakistani Currency Notes
Senate committee reviews an alleged $800 million bank payment to money transfer operators, new currency notes, counterfeit cash and remittance costs.
Pakistan’s Refineries Cross $1 Billion Export Mark for First Time in FY26
Pakistan’s five major refineries generated an estimated $1.046 billion in exports during FY26, marking the first time the sector crossed the $1 billion export threshold.
SBP Foreign Exchange Reserves Rise $14 Million To $17.06 Billion
State Bank of Pakistan reserves increased by $14 million to $17.06 billion in the week ended August 7, 2026, while total liquid reserves reached $22.5 billion.
HBL Expects Net Interest Margins to Improve on Higher Lending Rates in 2026
Habib Bank Limited expects net interest margins to improve in Q3CY26 as lending rates reprice following the 100 basis point rate hike, while deposits continue to grow.
Roshan Digital Accounts Attract $282 Million in July 2026
Roshan Digital Accounts received $282 million in inflows during July 2026, taking cumulative inflows to $13.647 billion, while total accounts reached 956,790.