SBP

Pakistan Records $1.1B Current Account Deficit in First Half FY26

Pakistan Records $1.1B Current Account Deficit in First Half FY26

Pakistan’s External Current Account Balance recorded a deficit of US$ 1,174 million during the first half of fiscal year 2025-26 in comparison to a surplus of $957 million during July-December 2024-25.

SBP injects Rs 358.5 billion in the market

SBP injects Rs 358.5 billion in the market

The State Bank of Pakistan (SBP), on Thursday, injected Rs 358.5 billion through Reverse Repo Purchase and Shariah Compliant Mudarabah based Open Market Operations (OMO) to maintain liquidity in the market.

Pakistan Customs enforces official bank exchange rates on shipping charges

Pakistan Customs enforces official bank exchange rates on shipping charges

Pakistan Customs has achieved a major industry-wide breakthrough by ensuring the application of official bank exchange rates on shipping charges, effectively ending the long-standing practice of arbitrary and excessive billing by international shipping lines and providing relief to traders and exporters.

Workers’ Remittances Surge 10.6% to $19.7 Billion in First Half of FY26

Workers’ Remittances Surge 10.6% to $19.7 Billion in First Half of FY26

The overseas workers’ remittances witnessed an increase of 10.6 per cent during the first half of the current fiscal year 2025-26, the State Bank of Pakistan (SBP) reported.

Banks to Remain Shut on Thursday, SBP Announces

Banks to Remain Shut on Thursday, SBP Announces

All the banks and financial institutions will remain closed for public dealing across the country on the first day of the new year 2026 as Thursday, January 01 is declared a Bank Holiday by the banking sector regulator.

State Bank of Pakistan Pumps Rs.983 Billion Into Money Market

State Bank of Pakistan Pumps Rs.983 Billion Into Money Market

The State Bank of Pakistan (SBP) on Thursday injected Rs.983 billion through Reverse Repo Purchase and Shariah Compliant Mudarabah based Open Market Operations (OMO) to maintain liquidity in the market.

SBP Reduces Policy Rate by 50 Basis Points to Support Economic Growth

SBP Reduces Policy Rate by 50 Basis Points to Support Economic Growth

The State Bank of Pakistan (SBP) today announced a reduction of its key policy rate by 0.5%, bringing the benchmark interest rate down from 11% to 10.5%.

Pakistan Records 9.33% Growth in Workers’ Remittances to $16.145 Billion

Pakistan Records 9.33% Growth in Workers’ Remittances to $16.145 Billion

The inflow of $ 16.145 billion was recorded during July-November 2025-26 as compared to the inflow of $14.766 billion during July-November 2024-25, showing a growth of 9.33 per cent.