NIBAF Concludes Islamic Banking Certificate Course to Strengthen Shariah-Compliant Finance
NIBAF Pakistan concluded the six-day Islamic Banking Certificate Course – IBCC-73 in Karachi, training SBP and commercial bank officers in Shariah-compliant financial practices to strengthen skills and support the growth of Islamic banking.
Pakistan Introduces PRISM+ to Strengthen Digital Payment and Settlement Infrastructure
The State Bank of Pakistan has launched PRISM+, its upgraded payment and settlement system built on ISO 20022 standards. Governor Jameel Ahmad highlighted its role in enhancing transparency, interoperability, and liquidity management while strengthening Pakistan’s digital payment ecosystem.
Roshan Digital Accounts Record USD 185 Million Inflows in July, Total Crosses USD 10.7 Billion
Roshan Digital Accounts (RDA) attracted USD 185 million inflows in July 2025, raising cumulative inflows to USD 10.748 billion. The scheme continues to provide overseas Pakistanis with secure investment options while supporting Pakistan’s financial stability.
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.
Pakistan’s Foreign Reserves Triple Without New Debt as SBP Charts Stability Path
Pakistan’s foreign exchange reserves have tripled to $14.5 billion without new debt, inflation has dropped to record lows, and the current account shows a surplus after 14 years, according to SBP Governor Jameel Ahmad, who also announced new digital finance initiatives to strengthen long-term stability.
SBP Enforces Mandatory H.S. Codes in Trade Transactions to Combat Money Laundering Risks
The State Bank of Pakistan has made H.S. Codes and detailed product information mandatory in all trade-linked financial instruments, aiming to combat trade-based money laundering, enhance transparency, and strengthen the country’s financial oversight framework.
State Bank of Pakistan’s Forex Reserves Edge Higher, Surpass IMF Targets
The State Bank of Pakistan’s foreign exchange reserves rose by $11 million to $14.243 billion in the week ending August 8, crossing IMF targets and lifting total liquid reserves to $19.496 billion, with commercial banks holding $5.253 billion.
SBP Launches Rs. 75 Commemorative Coin Honoring Marka-e-Haq and Independence Day
The State Bank of Pakistan has unveiled a Rs. 75 commemorative coin honoring the armed forces’ valor in Marka-e-Haq, set for public issuance from August 15, 2025.
State Bank Reports Economic Stabilization but Flags Risks Amid Global Uncertainty
The State Bank of Pakistan’s latest Monetary Policy Report signals economic stabilization following years of turbulence, but warns of persistent global and domestic risks that require sustained policy discipline and structural reforms.
Pakistani Rupee Gains Ground as State Bank Relaxes Export Rules
The Pakistani rupee strengthened to PKR 282.22 against the US dollar after the State Bank of Pakistan removed a key restriction on exporters, boosted by strong remittances but tempered by rising imports.