Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $152 million on a weekly basis, clocking in at $11.10 billion as of March 7, data released on Thursday showed.

The State Bank of Pakistan (SBP) made it mandatory for Islamic banking Institutions (IBIs) to pledge collateral for availing Sharia-compliant Mudarabah-based Standing Ceiling Facility and Open ...

The State Bank of Pakistan (SBP) has introduced a ‘Service Desk System,’ an end-to-end complaint management portal, to address complaints from Regulated Entities (REs) regarding SBP-hosted ...

KARACHI: To ensure enhanced security with the rising digitisation of the financial system, the State Bank of Pakistan (SBP) has decided to transition from web-based to Virtual Private Network (VPN ...

Not in line with expectations, the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has maintained the policy rate stable at 12%. “At its meeting today, the MPC decided to ...

KARACHI: To reduce cash transactions through digitalisation, the State Bank of Pakistan (SBP) issued a criterion on Saturday to enhance the technical capabilities of participant banks involved in ...

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Monday decided to keep the policy rate unchanged at 12%, citing expectations of a temporary rise in inflation between ...

The State Bank of Pakistan has announced that Monday, March 3, 2025, will be observed as a bank holiday across the country. The closure coincides with the first day of Ramadan and is designated ...

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California Dreams was better than Saved by the Bell. There, I said it.