Inflows during August mainly sourced from Saudi Arabia, UAE, the UK and US. KARACHI: In line…
Tag: SBP
Rupee surges as IMF bails Pakistan out of risk of slipping into default
The Pakistani rupee gained nominal ground against the US dollar Tuesday after the International Monetary Fund’s…
SBP keeps policy rate unchanged at 15 percent
The State Bank of Pakistan (SBP) on Monday decided to keep the interest rates unchanged at…
Obstacles to agreement between Pakistan, IMF removed
The sources in the Ministry of Finance have confirmed that all obstacles to the agreement between…
Rupee continues to fall, closes at 228.37 in interbank
The downward slide of the Pakistani rupee (PKR) continues as the currency has lost Rs1.56 in…
IMF confidence in Pakistan broke after no-confidence motion: SBP
The State Bank of Pakistan (SBP) on Wednesday said that the country’s situation is completely different…
Current account deficit spikes
It comes following slowdown in receipt of export earnings, worker remittances KARACHI: Pakistan’s current account deficit…