Overall, record high inflows of workers’ remittances during FY21 have been driven by proactive policy measures by the government and SBP to encourage the use of official channels, restrictions cross-border travel, altruistic transfers to Pakistan amid the pandemic...
Pakistan has kept its main policy rate unchanged at 7 per cent, the central bank said on Monday, as consumer price index inflation remained close to 9 per cent. It is the second time that Pakistan has kept its main policy rate
The State Bank of Pakistan (SBP) is launching a new product “Roshan Apna Ghar” for non-resident Pakistanis for acquisition of property in Pakistan.
Workers’ remittances continued their strong trend, reaching $2.66 billion in August 2021, State Bank of Pakistan (SBP) reported on Friday.
Pakistan’s central bank raised its key policy rate by 100 basis points to 16% on Friday in an unexpected move to ensure high inflation does not get entrenched.