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Pakistan’s central bank unexpectedly halted its easing cycle on Monday, keeping its key policy rate at 12%, saying there could still be price risks including from an escalation in...
Pakistan’s total liquid foreign reserves increased to US$14.39 billion by 26th July 2024, the Associated Press of Pakistan (APP) reported. According to the statistics released by the State Bank of...
Pakistan’s central bank on Monday held its key interest rate at 22 per cent as expected for a sixth straight policy meeting as inflation risks continued to loom. The decision...
Pakistan’s central bank on Monday held its key rate at 22 per cent for the fifth policy meeting in a row due to elevated inflation levels, the governor of the...
The Arab Monetary Fund (AMF) announced that it has signed a Memorandum of Understanding (MoU) with the State Bank of Pakistan (SBP) to establish a framework for cooperation between the...
Pakistan’s central bank kept its key interest rate unchanged on Monday, in line with market expectations, and signaled that it would pause its tightening cycle as record-high inflation may have...
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. Including this...
Pakistan’s central bank on Monday kept its key policy rate unchanged at 15 per cent at a scheduled meeting of its monetary policy committee, the bank said in a statement....
Pakistan named Jameel Ahmad, a deputy governor of the State Bank of Pakistan (SBP), as the central bank's new governor on Friday, appointing him for a five-year term. The...
Pakistan named a deputy governor of the central bank as its new chief on Wednesday as the country restarts talks with the International Monetary Fund (IMF) on a stalled...