State Bank of Pakistan has announced a three-day public holiday schedule from May 26 to May 28, 2026, in observance of Eid-ul-Adha across the country. The central bank confirmed that all its offices will remain closed from Tuesday to Thursday as part of the official holiday arrangements issued ahead of the religious occasion. According to […]
State Bank
Foreign investors pull funds amid Gulf tensions
KARACHI — Rising tensions in the Gulf region have triggered a noticeable withdrawal of foreign investment from Pakistan, with millions of dollars exiting domestic bond markets in recent days, according to data released by the State Bank of Pakistan. Read More: Russia, China urge diplomacy amid Gulf tensions The central bank’s figures show that approximately $20 […]
Pakistan balances reforms and growth amid economic challenges
ISLAMABAD: Pakistan is navigating a complex path toward sustainable and inclusive development as policymakers try to balance economic growth with macroeconomic stability. The State Bank of Pakistan (SBP) recently cut its policy rate by 50 basis points to 10.5 percent, signaling an effort to support growth despite persistent external pressures and global trade challenges. Read […]
Pakistan’s current account deficit rises to $733m in FY26
Pakistan’s current account deficit has widened sharply to $733 million in the first four months of FY26, a staggering 256pc increase from last year. Fresh State Bank data shows that the deficit is being fuelled not by productive investment but by soaring imports and weakening investor confidence. Read More: Pakistan’s Import Pressure Deepens Economic Trouble Imports of […]
Pakistan loses $600m to illegal crypto trades
KARACHI: Pakistan has lost an estimated $600 million to illegal cryptocurrency transactions, sharply reducing the flow of dollars into the country’s banking system, industry officials said on Friday. The money, mostly routed through foreign currency accounts and then invested in cryptocurrencies, has gone untraced, raising concerns among regulators. Malik Bostan, Chairman of the Exchange Companies […]
SBP branches open Saturday for Haj dues collection
KARACHI: The State Bank of Pakistan (SBP) has announced that its designated branches will remain open on Saturday, November 15, to collect the second instalment of Haj dues for the next year’s pilgrimage. The decision comes at the request of the Ministry of Religious Affairs and Interfaith Harmony to facilitate intending pilgrims in completing their […]
Government raises Rs 492.9 billion from treasury bill auction
ISLAMABAD: The government has raised Rs 492.9 billion through the latest treasury bill auction, the State Bank of Pakistan reported. The auction aimed to generate Rs 550 billion in total. Bids worth Rs 1,621.7 billion were received from investors across the country. According to the State Bank, the one-month treasury bills saw a profit rate […]
Foreign inflows into T-bills surge in October
KARACHI: Foreign investments in Pakistan’s treasury bills (T-bills) saw a significant rise in October, reflecting growing investor confidence amid a mix of regional and domestic developments. According to the State Bank of Pakistan, T-bills attracted $118.6 million last month, marking the highest monthly inflow of the current fiscal year. Most of the foreign investments came […]
Muhammad Lodhi appointed SBP deputy governor
Muhammad Amin Khan Lodhi was appointed as the Deputy Governor of SBP by the Federal Government on October 30, 2025 for a period of 5 years. He assumed his responsibilities on the same day. Mr Lodhi is a seasoned central banker, with a diversified experience of over 26 years in both formulation and implementation of […]
LCCI urges urgent interest rate cut to prevent further economic instability
LAHORE, October 28 —President of the Lahore Chamber of Commerce & Industry (LCCI), Faheem-ur-Rehman Saigol, has said that the State Bank’s decision to keep the interest rate at 11% is harmful for the economy. He said that the rate should have been reduced by at least 2% to boost business activities in the country. In […]