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Read more about the article Current Account deficit witness a reduction to Six year low: SBP Report

Current Account deficit witness a reduction to Six year low: SBP Report

  • Post author:Admin
  • Post published:April 14, 2020
  • Post category:Pakistan News

According to SBP report, the current account deficit has reduced to a six-year low, foreign exchange reserves have increased, the primary budget has recorded a surplus. The Report also states…

Continue ReadingCurrent Account deficit witness a reduction to Six year low: SBP Report
Read more about the article State Bank of Pakistan slashed interest rate by 150 bps to 11 percent

State Bank of Pakistan slashed interest rate by 150 bps to 11 percent

  • Post author:Admin
  • Post published:March 25, 2020
  • Post category:Pakistan News

The State Bank of Pakistan (SBP) slashed the benchmark interest rate by 150 basis points to 11 percent in a bid to help businesses cope with the growing challenges posed…

Continue ReadingState Bank of Pakistan slashed interest rate by 150 bps to 11 percent
Read more about the article Payment limits for Freelancers increased by SBP

Payment limits for Freelancers increased by SBP

  • Post author:Admin
  • Post published:February 13, 2020
  • Post category:Pakistan News/Technology

In order to broaden the scope of business-to-customer transactions through home remittance channel, the State Bank of Pakistan (SBP) has enhanced payment limits against freelance services. According to an official…

Continue ReadingPayment limits for Freelancers increased by SBP
Read more about the article SBP Foreign Exchange Reserves witness a massive increase of $359 million

SBP Foreign Exchange Reserves witness a massive increase of $359 million

  • Post author:Admin
  • Post published:February 7, 2020
  • Post category:Pakistan News

Foreign exchange reserves held by the State Bank of Pakistan (SBP), during the week ending January 31, increased by $359 million. According to the data released by the central bank,…

Continue ReadingSBP Foreign Exchange Reserves witness a massive increase of $359 million
Read more about the article State Bank reserves witness an increase of $1.65 billion

State Bank reserves witness an increase of $1.65 billion

  • Post author:Admin
  • Post published:December 20, 2019
  • Post category:Pakistan News

The State Bank of Pakistan’s (SBP) net reserves increased by $1.65 billion to $10.89 billion during the week ending December 13. According to the data provided by State Bank of…

Continue ReadingState Bank reserves witness an increase of $1.65 billion
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