HBL Manufacturing PMI Drops to 52.9 as Regional Conflict Strains Industrial Output
The HBL Pakistan Manufacturing PMI fell to 52.9 in March 2026, signaling a slowdown in industrial growth due to rising inflation and the impact of the US-Iran conflict.
SBP Governor Jameel Ahmad Says New Currency Notes Not Expected This Eid, Shares Outlook on Economy and Digital Finance
SBP Governor Jameel Ahmad has confirmed that new currency notes will not be available this Eid-ul-Fitr while highlighting updates on interest rates, remittances, exports, foreign banks, and digital finance initiatives.
Why the State Bank Must Resist Pressure to Tinker with Currency and Rates
The State Bank of Pakistan faces pressure to cut rates and appreciate the rupee, but experts warn these conflicting goals could trigger another economic crisis. Analysts say the SBP must maintain independence, keep real rates high, and avoid policy missteps that risk undermining stability.