National
The Senate Standing Committee on Finance has raised questions about the salary of the State Bank of Pakistan (SBP) Governor. At a meeting chaired by Senator Muhammad Abdul Qadir, members asked for full details of the salaries and allowances of the Governor and Deputy Governor. Read more: Govt Approves New
Business
The State Bank of Pakistan has reported an increase in its foreign exchange reserves, which rose by 28 million dollars over the past week. As of August 29, 2025, the central bank’s reserves stand at 14.30 billion dollars, showing a steady upward trend. Read more: Gujrat Flooded After
Business
The Pakistani rupee recorded a modest rise against the US dollar in the inter-bank market during the previous week, appreciating by Re0.25, or 0.09 percent. State Bank of Pakistan (SBP) data showed the currency settled at 282.47 by the week’s close, compared to 282.72
National
ISLAMABAD – The State Bank of Pakistan (SBP) has directed 14 designated banks to keep their branches open on Saturday, August 9, 2025, from 9:00 a.m. to 2:30 p.m. to facilitate the collection of Hajj 2026 applications. The decision was made on the request of the Ministry
Business
The Economic Policy & Business Development (EPBD) think tank termed the decision of the State Bank of Pakistan (SBP) to maintain policy rate at 11 percent as very conservative. Gohar Ejaz Chairman EPBD said that with policy rates at 11 percent - nearly double the regional average, how can Pakistan realistically
Business
The Pakistani government is advancing plans to incorporate cryptocurrency into the financial sector, signalling a potential shift in how digital currencies are viewed and regulated in the country. Sources told Dawn that a top-level meeting held on Tuesday focused entirely on virtual assets. Senior officials, along with representatives from
Business
Former federal minister Gohar Ejaz said that State Bank of Pakistan is causing annual Rs3 trillion loss to national exchequer. In a post uploaded on X platform on Tuesday, Gohar Ejaz asked the central bank why it is not realizing the annual loss of Rs3 trillion it is causing to
Business
Binance Founder Changpeng Zhao, is also known as CZ, has been appointed as a strategic adviser to the Pakistan Crypto Council (PCC). The meeting was chaired by Finance Minister Muhammad Aurangzeb and brought together stakeholders, including the Securities and SECP chairman, the State Bank of Pakistan (SBP) governor and the