Pakistan appoints new State Bank governor

Aug 28, 2022

Islamabad [Pakistan], August 28 : Amid dwindling foreign reserves and the country's ongoing deal with the International Monetary Fund (IMF), Pakistan appointed Jameel Ahmad...

As Pakistani rupee continues to drop, its central bank injects USD 1.2 bn into inter-bank market

Sep 15, 2021

Islamabad [Pakistan], September 15 : The State Bank of Pakistan (SBP) has injected nearly USD1.2 billion into the inter-bank market in three months to...

Economic distortions hold back economic growth of Pakistan, says World Bank

Oct 22, 2022

Islamabad [Pakistan], October 22 : The World Bank said that economic distortions hold back the economic growth of Pakistan.

Reserves of State Bank of Pakistan decreases by massive USD 2.915 billion

Apr 01, 2022

Islamabad [Pakistan], April 1 : Amid Pakistan's continuing economic woes, reserves held by the State Bank of Pakistan (SBP) decreased by a massive USD...

UAE firm files lawsuit worth around Rs 74 billion against State Bank of Pakistan

Nov 20, 2021

Islamabad [Pakistan], November 20 : An United Arab Emirates-based trading and investment firm has filed a lawsuit worth around Rs 74 billion against the...

Vice President of National Bank of Pakistan arrested over involvement in Dollar smuggling

Oct 17, 2021

Islamabad [Pakistan] October 17 : One of the Vice Presidents of the National Bank of Pakistan (NBP) has been arrested by the Federal Investigation...