SBP

RDA inflows rise to $10.003 Billion in March 2025

RDA inflows rise to $10.003 Billion in March 2025

The inflow of remittances under Roshan Digital Account (RDA) has risen to US $10.003 billion by the end of March 2025 as compared to US $9.768 billion by February (2025) end.

PSX Launches Pakistan Financial Literacy Week 2025 with Gong Ceremony to Empower Financial Inclusion

PSX Launches Pakistan Financial Literacy Week 2025 with Gong Ceremony to Empower Financial Inclusion

Pakistan Stock Exchange (PSX) proudly launched Pakistan Financial Literacy Week 2025 (PFLW 2025) with a Gong Ceremony, marking the start of a nationwide initiative to promote financial literacy and inclusion.

Pakistan’s Liquid Foreign Reserves Rise to $15.75 Billion

Pakistan’s Liquid Foreign Reserves Rise to $15.75 Billion

The total liquid foreign reserves of Pakistan rose to US$ 15,752.7 million during the week ended on April 04, 2025 while the State Bank of Pakistan held reserves increased to $ 10,699.4 million.

Retail Transactions Surge by 11%, Volume Hits 2,143 Million

Retail Transactions Surge by 11%, Volume Hits 2,143 Million

The State Bank of Pakistan (SBP) has released its Quarterly Payment Systems Review for Q2 FY25,providing summary on payment systems and presenting notable changes in country’s digital payments. Pakistan’s digital payment landscape strengthens as transactions continue to increase in Q2-FY25 aswell. Retail transactions witnessed an 11% increase in volume, reaching 2,143 million, while the valueof…

RDA Inflows Soar to $9.768 Billion Mark in February 2025

RDA Inflows Soar to $9.768 Billion Mark in February 2025

The inflow of remittances under Roshan Digital Account (RDA) has risen to US $9.768 billion by the end of February 2025 as compared to US $9.564 billion by January (2025) end.

State Bank of Pakistan Keeps Interest Rate Unchanged at 12%

State Bank of Pakistan Keeps Interest Rate Unchanged at 12%

The State Bank of Pakistan (SBP) announced on Monday that it has decided to keep the policy rate steady at 12%, citing inflationary trends and the external account’s position as key considerations in its decision-making process.

Interest Rates Set to Decline Further as Inflation Continues to Fall

Interest Rates Set to Decline Further as Inflation Continues to Fall

The State Bank of Pakistan (SBP) is expected to reduce its key interest rate by up to 50 basis points (bps) in its upcoming Monetary Policy Committee (MPC) meeting on Monday, marking its seventh consecutive cut as inflation continues to decline.

RDA inflows rise to $9.564 Billion in Jan 2025

RDA inflows rise to $9.564 Billion in Jan 2025

The inflow of remittances under Roshan Digital Account (RDA) has risen to US $9.564 billion by the end of January 2025 as compared to US $9.342 billion by December  (2024) end.

KCCI Condemns State Bank’s Token Interest Rate Cut as Ineffectual

KCCI Condemns State Bank’s Token Interest Rate Cut as Ineffectual

President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Jawed Bilwani, while expressing strong disappointment over the State Bank of Pakistan’s (SBP) decision to implement a nominal reduction of just 1 percent in the policy interest rate, criticized the move as insufficient to address the prevailing economic challenges and unlock the country’s growth potential.

SBP Monetary Policy Committee Announces 100 bps Rate Cut to 12%

SBP Monetary Policy Committee Announces 100 bps Rate Cut to 12%

The Monetary Policy Committee (MPC) decided to cut the policy rate by 100 bps to 12 percent, effective from January 28, 2025.