Speculations and artificial panic-buying forced Pak rupee to hit record low at Rs. 90.60 against the US dollar in the open market during last week over this week. (more…)  Read More →

The State Bank of Pakistan has once again advised the general public to exchange the old-design and bigger-size banknote of Rs 500/- from the field offices of SBP Banking Services Corporation and the branches... (more...)

KARACHI: The foreign exchange reserves of Pakistan have been recorded at dollars 16.743 billion as on Nov 27, 2010, according to a statement of State Bank of Pakistan (SBP) issued here on Thursday.  It... (more...)

KARACHI: State Bank of Pakistan on Friday mopped up Rs 26,000 million during its Open Market Operation under Repo Sale contract of Government of Pakistan MarketTreasury Bills. The bids offered for 6-day... (more...)

KARACHI: Pakistan’s total liquid foreign reserves rose to dollars 16.7889 billion, said statement issued by State Bank of Pakistan here on Thursday. On Sept. 24, 2010 the foreign reserves held by... (more...)

KARACHI: The following rates will be applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special U.S. Dollar Bonds and... (more...)

ISLAMABAD: The Supreme Court on Friday directed counsel for the State Bank of Pakistan to submit comprehensive details of the people who succeeded in getting their bank loans amounting to Rs256 billion... (more...)

ISLAMABAD: Pakistan’s Liquid Foreign Reserves have reached to US $ 15,709.3 million on June 11.  According to a statement of the State Bank of Pakistan (SBP) issued on Thursday, the total liquid... (more...)