State Bank of Pakistan
More News
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SBP all set to replace currency notes in circulation to curb corruption
The plan includes introduction of new notes with significantly enhanced security features starting Feb 2024
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SBP maintains key rate at 22%, says inflation still high
Governor Jameel Ahmad says inflation currently at ‘elevated’ level but would ease from March
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Pakistan records $9m current account surplus in Nov
SBP says CAD dropped 64% or $1.6b in first five months of FY24
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SBP holds key rate at 22% for fourth straight meeting
Core inflation is still at an elevated level and is coming down only gradually, says policy statement
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Rupee largely stable at 285.37
Drop in forex reserves may put currency under pressure
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Economy showing early signs of improvement: SBP
Central bank keeps growth projection unchanged at 2-3% for FY24
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Bank deposits are perfectly safe: SBP
Clarification comes as media reported risks for deposits exceeding Rs500,000
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Forex reserves rise by $56.4m to $7.7b
No reason cited for increase in foreign currency assets
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SBP brings incentives to attract remittances
Offers cash reward, higher TT charges to banks and exchange firms
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Banks may continue to make robust profit
Major expansion in balance sheet likely to be driven by investment in govt’s debt securities
