State Bank Of Pakistan

Under crisis, Pakistan has received USD 700 million from the International Monetary Fund (IMF) as part of its ballout programme, Geo News reported quoting State Bank of Pakistan (SBP) governor Jameel Ahmed on Wednesday.

Pakistan's state bank coffers were further boosted Wednesday by a $1 billion deposit from the United Arab Emirates, officials said, ahead of a key International Monetary Fund (IMF) board meeting to approve new funding.

In a major relief to the cash-strapped country, Pakistan received USD 1 billion from China, ARY News reported citing the State Bank of Pakistan.

Companies choosing to enter Pakistan despite the ongoing forex crisis are troubled by the erratic policies of the government and the State Bank of Pakistan, reported Asian Lite International.

The State Bank of Pakistan has increased the interest rate by a massive 300 basis points (bps) taking it to a record-high level of 20 per cent, in accordance with the conditions set by the International Monetary Fund.

Pakistan is accelerating efforts to roll-out its CBDC in the next two years, by 2025. The development was confirmed by the nation’s finance minister, Asad Umar. The State Bank of Pakistan (SBP) has called the country’s initiative to test its CBDC has been called a ‘testament’ to the nation’s openness towards newer technologies.

A call threatening to blow up the State Bank of India office in Mumbai's Nariman Point and kill the bank chairman was received at the branch, police said on Friday.

According to documents seen by a reputed newspaper, Pakistan’s federal government has formed three sub-committees to decide the future of cryptocurrency and related enterprises in the nation.

The Imran Khan government's recent bid to raise funds for the new rulers in Kabul has been shot down by the State Bank of Pakistan amid fears that financing of the Taliban regime could invite international sanctions, according to a media report.

Pakistan, that houses the third largest number of crypto users in the world, is deciding if it should ban the crypto sector all-together. The country’s central bank has told the Sindh High Court that cryptocurrencies are illegal and unusable as trade assets.

An United Arab Emirates-based trading and investment firm has filed a lawsuit worth around Rs 74 billion against the State Bank of Pakistan (SBP) and a private bank, local media reported.

Foreign exchange reserves held by Pakistan's Central Bank fell 0.61 per cent on a weekly basis, according to State Bank of Pakistan's data on Thursday.

A Pakistani economist working for the International Monetary Fund (IMF) has been appointed as the governor of the State Bank of Pakistan (SBP), as the cash-strapped country seeks to finalise a multi-billion dollar bailout package from the global lender.

The State Bank of Pakistan (SBP) received $1 billion from the United Arab Emirates (UAE) following an agreement with the Abu Dhabi Fund for Development (ADFD), to help bridge Islamabad's current account deficit.

Pakistan has invited a team of IMF experts to visit the country by the end of this month as its economy faced a balance-of-payments crisis, a media report said today

Under crisis, Pakistan has received USD 700 million from the International Monetary Fund (IMF) as part of its ballout programme, Geo News reported quoting State Bank of Pakistan (SBP) governor Jameel Ahmed on Wednesday.

Pakistan's state bank coffers were further boosted Wednesday by a $1 billion deposit from the United Arab Emirates, officials said, ahead of a key International Monetary Fund (IMF) board meeting to approve new funding.

In a major relief to the cash-strapped country, Pakistan received USD 1 billion from China, ARY News reported citing the State Bank of Pakistan.

Companies choosing to enter Pakistan despite the ongoing forex crisis are troubled by the erratic policies of the government and the State Bank of Pakistan, reported Asian Lite International.

The State Bank of Pakistan has increased the interest rate by a massive 300 basis points (bps) taking it to a record-high level of 20 per cent, in accordance with the conditions set by the International Monetary Fund.

Pakistan is accelerating efforts to roll-out its CBDC in the next two years, by 2025. The development was confirmed by the nation’s finance minister, Asad Umar. The State Bank of Pakistan (SBP) has called the country’s initiative to test its CBDC has been called a ‘testament’ to the nation’s openness towards newer technologies.

A call threatening to blow up the State Bank of India office in Mumbai's Nariman Point and kill the bank chairman was received at the branch, police said on Friday.

According to documents seen by a reputed newspaper, Pakistan’s federal government has formed three sub-committees to decide the future of cryptocurrency and related enterprises in the nation.

The Imran Khan government's recent bid to raise funds for the new rulers in Kabul has been shot down by the State Bank of Pakistan amid fears that financing of the Taliban regime could invite international sanctions, according to a media report.

Pakistan, that houses the third largest number of crypto users in the world, is deciding if it should ban the crypto sector all-together. The country’s central bank has told the Sindh High Court that cryptocurrencies are illegal and unusable as trade assets.

An United Arab Emirates-based trading and investment firm has filed a lawsuit worth around Rs 74 billion against the State Bank of Pakistan (SBP) and a private bank, local media reported.

Foreign exchange reserves held by Pakistan's Central Bank fell 0.61 per cent on a weekly basis, according to State Bank of Pakistan's data on Thursday.

A Pakistani economist working for the International Monetary Fund (IMF) has been appointed as the governor of the State Bank of Pakistan (SBP), as the cash-strapped country seeks to finalise a multi-billion dollar bailout package from the global lender.

The State Bank of Pakistan (SBP) received $1 billion from the United Arab Emirates (UAE) following an agreement with the Abu Dhabi Fund for Development (ADFD), to help bridge Islamabad's current account deficit.

Pakistan has invited a team of IMF experts to visit the country by the end of this month as its economy faced a balance-of-payments crisis, a media report said today