SBP reduces Special Cash Reserve Account remuneration rate for February 2026
State Bank of Pakistan cuts remuneration rate on Special Cash Reserve Account (US$) to 2.67% for February 2026 in line with the SOFR-linked mechanism.
Pakistan FX Reserves Hold Firm as SBP Reserves Increase to $16.10bn
Pakistan’s foreign exchange reserves showed a modest rise as SBP holdings increased to $16.10 billion, taking total liquid reserves to $21.29 billion by January 23, 2026.
SBP Directs Banks to Remain Open on January 31 for Government Tax Payments
The State Bank of Pakistan has instructed all commercial banks to remain open on January 31 to support government tax and duty collection, ensuring uninterrupted OTC and digital payment services nationwide.
SBP to Print New-Design Currency Notes in 2026 After Cabinet Approval
State Bank of Pakistan will start printing new-design currency notes of multiple denominations in 2026 after cabinet approval, with phased circulation planned.
Pakistan SBP Maintains Benchmark Interest Rate at 10.5% Amid Stable Growth Outlook
The State Bank of Pakistan keeps its policy rate unchanged at 10.5% in its first 2026 MPC meeting, citing steady inflation, improving economic growth, and resilient external accounts.
SBP Keeps Policy Rate Unchanged at 10.5%, Projects Up to 4.75% GDP Growth in FY26
State Bank of Pakistan keeps policy rate at 10.5% in January 2026 MPC meeting, citing improving growth outlook, easing inflation and containing external pressures.
Pakistan FX Reserves Edge Up as SBP Holdings Reach $16.09 Billion
Pakistan’s foreign exchange reserves held by the State Bank of Pakistan increased by $16 million to $16.09 billion in the week ending January 16, 2026, marking the second consecutive weekly rise.
SBP Simplifies Overseas Remittance Rules to Cut Delays and Improve Banking Efficiency
State Bank of Pakistan relaxes foreign remittance rules, allowing banks to send salaries and professional fees abroad without prior SBP approval, aiming to improve efficiency and ease compliance.
6th AlBaraka Forum Explores Digital Islamic Finance and Pakistan’s Role in Asia
The 6th AlBaraka Forum Regional Conference in Karachi convened policymakers, financial leaders, and scholars to discuss digital transformation, Shari’ah-compliant finance, and Pakistan’s emerging role as a hub for the Islamic digital economy.
SBP Injects Rs2.199 Trillion via Reverse Repo and Shariah-Compliant OMOs
The State Bank of Pakistan injected Rs2.199 trillion into the banking system through reverse repo and Shariah-compliant Modarabah-based open market operations to address liquidity needs.