State Bank of Pakistan
More News
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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
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C/A deficit shrinks 79% over stagnant imports
Stands at $160 million as exports of goods and services improve
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SBP keeps policy rate unchanged at 22% against expectations
Bank says decision takes into account latest inflation outturn, reflecting continuous decline in trend
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Reserves down to $7.85b
SBP attributed dip in Pakistan’s forex reserves to debt repayments
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SBP for building resilience against climate change
Governor says rising temperature impacting agricultural output
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Dar says SBP lacks authority to release funds for polls
Minister says additional Rs14b would be needed for the exercise
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SBP expects IMF revival, $10b reserves by June
Projected CAD to be below $6b for FY2023 – had earlier projected CAD at $9b
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Analysts see 100-200 bps hike in policy rate
SBP’s monetary policy committee meeting today to decide on rate revision
