SBP

SBP data shows current account deficit for first 11 months of this fiscal year was much lower than last year's $3.76b

Central bank revises down mark-up by 150bps

The move aims to stimulate economic growth following a significant drop in retail inflation.

KSE-100 index loses 2,124 points, or 2.8% WoW, settles at 73,754

Experts see reduction of 100-200 bps reflecting inflation, IMF recommendation

Currency hits three-week high at Rs278.20 vs dollar

Currency has largely remained stable as it continued to move in range of Rs278-278.50/$ over the past several weeks

Pressure mounts on govt high-ups to seek rollovers, repay loans on time

Drops to 11.8%, prompts speculation about key rate adjustments

Govt will need tax reforms, tariff hikes, depreciation to get bailout

Treasury firm Tresmark recently described the Pakistani currency level of Rs278.21/$ as “overvalued”

Declared best performing currency in region as RDA inflows surge beyond $8b

Hopes to enable banks to access over Rs550-600b in cattle purchases via digital banking

The global lender has assumed that Pakistani currency will drop to Rs329/$ in the next 13 months till June 30, 2025

Says driver of inflation during ongoing episode has been fiscal policy

Sheds Rs0.09 to Rs278.30/$ amid surge in trade deficit

Suggest measures for reindustrialisation, call for halt to deindustrialisation

Currency gains Rs0.19 to Rs278.21 against US dollar

Currency depreciates Rs0.08 vs dollar on market speculation

Burden equals 3/4 of economy, surpassing statutory limit by 15%

Central bank projects 2-3% growth for FY23-24, calls for structural reforms

Catapults to 30-month high, now standing at Rs501.30 billion

Dips to 7-month low amid speculations of an emergency SBP MPC meeting

Central bank being urged to call emergency monetary policy meeting

KSE-100 index dips 592.49 points, settles at 71,102.55

With conclusion of standby arrangement, reserves rise to $9b

The amount shall be reflected in central bank’s foreign exchange reserves for week ending on May 3, says statement

KSE-100 index dives 1,047.71 points, settles at 71,695.03

Despite inflation at 20-month low, it maintains 22% rate amid IMF talks

Rules target trillions in public funds parked by ministries, departments in commercial banks

Services sector leads the way while industries’ BCI decreases to 49.9 reveals SBP survey

Key rate was last raised in June to fight persistent inflationary pressures

Private sector’s expertise, capital should be utilised to reform banks and power sector

Jameel Ahmad said "it is worth taking a step back and analyse where our economy is standing and where it is headed"

Analysts predict central bank is unlikely to cut rates before new IMF programme

Currency edges down just Rs0.02 at Rs278.39 vs dollar

Pakistan receives only $9.7b in foreign loans due to poor credit ratings

KSE-100 index declines 74.06 points, settles at 71,359.41

Some financial experts believe rupee will continue to appreciate

Reaches $619m via economic engineering, slowdown in industrial output

Closes at Rs278.31/$ as reserves show stability despite debt repayment

Imposes fines of Rs775.54m on financial entities amid low foreign reserves

SBP’s foreign currency reserves drop nominally to $8.04b

Riyadh to set up $14b oil refinery and $7b copper mine in Pakistan

Aims to provide direct crediting of financial assistance through all banks, MFBs nationwide

Stands at 1.32%, prompts calls for cut in SBP’s key monetary policy rate

KSE-100 index adds 1,853 points, or 2.84% WoW, settles at 67,005.11

Says central bank provided indirect loans to govt leading to high inflation

KSE-100 index rises 612.09 points, settles at 65,502.60

Cites caution amid ongoing IMF talks and inflation concerns