SBP

SBP Announces Eid Holidays: Banks Shut Friday to Monday

SBP Announces Eid Holidays: Banks Shut Friday to Monday

The State Bank of Pakistan (SBP) and all the banks and financial institutions will remain closed for 4 consecutive days from 20 to 23 March, 2026 on account of Eid-ul-Fitr, Sunday and Pakistan Day.

Current Account records $427 million surplus in February 2026: SBP

Current Account records $427 million surplus in February 2026: SBP

Pakistan’s External Current Account Balance recorded a surplus of US$ 427 million in February 2026 following to a surplus of $ 68 million in January 2026.

SBP allows import of crude oil, petroleum products on CIF basis

SBP allows import of crude oil, petroleum products on CIF basis

The State Bank of Pakistan (SBP), Wednesday, allowed import of crude oil and petroleum products on CIF (Cost, Insurance and Freight) basis for two months, in a bid to ease import of major fuel products for meeting the country’s requirements.

SBP Keeps Policy Rate Steady at 10.5% Amid Middle East Tensions

SBP Keeps Policy Rate Steady at 10.5% Amid Middle East Tensions

The incoming data, though, was largely consistent with the January 26 macroeconomic projections and initial assessment of the situation indicated that FY-26 outlook for key variables is within the earlier projected ranges; the Monetary Policy Committee (MPC), in its meeting here at SBP, deemed it appropriate to keep the policy rate unchanged at 10.5%, observing the uncertainties in the macroeconomic outlook ‘following the outbreak of the war in the Middle East’.

Pakistan’s total liquid foreign reserves increase to $ 21.43 billion

Pakistan’s total liquid foreign reserves increase to $ 21.43 billion

The total liquid foreign reserves of Pakistan rose to US$ 21,433.9 million as of February 27, 2026 while the reserves held by the State Bank of Pakistan also increased to $ 16,300 million.

Pakistan’s total liquid foreign reserves rise to $ 21.41 billion

Pakistan’s total liquid foreign reserves rise to $ 21.41 billion

The total liquid foreign reserves of Pakistan increased to US$ 21,407.7 million as of February 20, 2026 while the reserves held by the State Bank of Pakistan slightly rose to $ 16,212.9 million.

Ramazan Schedule: SBP Sets New Banking and Office Timings

Ramazan Schedule: SBP Sets New Banking and Office Timings

During the ensuing month of Ramazan-ul-Mubarak 1447 A.H., the business hours for public dealing in banks has been set from 09:00 am to 2:00 pm without break on all working days except of Friday with office hours shortened to 12:30 pm.

SBP Report: Accelerated GDP Growth Projected from FY-26 Onwards

SBP Report: Accelerated GDP Growth Projected from FY-26 Onwards

The State Bank of Pakistan (SBP), highlighting improvements in macroeconomic conditions, the outlook and economic prospects, stated that real GDP growth for FY26 was projected in the range of 3.75 – 4.75 percent and it is expected to increase further in the coming fiscal year.

State Bank of Pakistan Keeps Interest Rate Unchanged at 10.5%

State Bank of Pakistan Keeps Interest Rate Unchanged at 10.5%

State Bank of Pakistan (SBP) kept the policy rate unchanged at 10.5 percent owing to rising inflation expectations and widening trade gap and current account deficit.