SBP

FY-2025: Overseas Remittances Hit $38.3 Billion, Up 26.6% Year-on-Year

FY-2025: Overseas Remittances Hit $38.3 Billion, Up 26.6% Year-on-Year

The workers’ remittances increased by 26.6 percent during the fiscal year 2025 as compared to the corresponding period of last year.

Financial Inclusion and Stable Economic Policies Key to Growth, Says SBP Governor at We Finance Code Debut

Financial Inclusion and Stable Economic Policies Key to Growth, Says SBP Governor at We Finance Code Debut

Governor State Bank of Pakistan (SBP), Mr. Jameel Ahmad said that SBP is fully committed to undertake structural reforms and lay the foundation for sustainable and inclusive economic growth. He was speaking at the launch ceremony of Women Entrepreneurs Finance Code in Karachi organized jointly by SBP and the Asian Development Bank (ADB). Governor Jameel…

RDA inflows rise to $10.381 Billion in May 2025

RDA inflows rise to $10.381 Billion in May 2025

The inflow of remittances under Roshan Digital Account (RDA) has risen to US $10.381 billion by the end of May 2025 as compared to US $10.180 billion by April (2025) end.

Pakistan’s Current Account Surplus Hits $1.8 Billion in FY25

Pakistan’s Current Account Surplus Hits $1.8 Billion in FY25

Pakistan’s External Current Account Balance recorded a surplus of US$ 1.812 billion during July to May 2024-25 as compared to a deficit of $ 1.572 billion during the first 11 months of previous fiscal year.

SBP’s Monetary Policy Committee Holds Interest Rate unchanged

SBP’s Monetary Policy Committee Holds Interest Rate unchanged

The State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged at 11% in its latest Monetary Policy Committee (MPC) meeting on June 16, 2025.

SBP’s Upcoming Monetary Policy Shift: What to Expect on June 16

SBP’s Upcoming Monetary Policy Shift: What to Expect on June 16

The State Bank of Pakistan will announce Monetary Policy on June 16 in a meeting of the Monetary Policy Committee (MPC).

SBP Declares Four-Day Eid-ul-Azha Holidays from June 6 to 9

SBP Declares Four-Day Eid-ul-Azha Holidays from June 6 to 9

The State Bank of Pakistan, announced 4-day Eid-ul-Azha holidays for the banking and financial sectors from June 6 to 9, 2025 and all the banks and financial institutions will remain closed for four days.

Pakistan’s Exports to US Surge 11.78% in 10 Months

Pakistan’s Exports to US Surge 11.78% in 10 Months

Pakistan’s export of goods and services to the United States (US) witnessed an increase of 11.78 percent during the first ten months of fiscal year (2024-25).

State Bank Announces Public Holiday on May 28 for Youm-e-Takbeer

State Bank Announces Public Holiday on May 28 for Youm-e-Takbeer

The State Bank of Pakistan will remain closed on May 28, 2025 (Wednesday) being public holiday on the occasion of “Youm-e-Takbeer”, as declared by the Government of Pakistan.

Pakistan’s foreign reserves surge to $16.65 Billion

Pakistan’s foreign reserves surge to $16.65 Billion

The total liquid foreign reserves of Pakistan surged to US$ 16,648.5 million as of May 16 while the reserves held by the State Bank of Pakistan increased to $ 11,446.5 million.