November 23, 2024 07:32 (IST)
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'Third World War has begun:' Ex-Ukraine military commander-in-chief Valery Zaluzhny | UK-India Free Trade Agreement negotiations to resume in early 2024 | UK can arrest Benjamin Netanyahu if he visits country based on ICC warrant | Centre to send over 10,000 additional soldiers to violence-hit Manipur amid fresh violence | Chhattisgarh: 10 Maoists killed during encounter with security forces in Sukma
State Bank of Pakistan massively hikes interest rate by 300bps

State Bank of Pakistan massively hikes interest rate by 300bps

The State Bank of Pakistan has moved up key interest rates by a massive 300 basis points (bps), the highest figure touched since 1996.

UAE firm files Rs 74 Bn lawsuit against State Bank of Pakistan for 'unlawful actions': Reports

UAE firm files Rs 74 Bn lawsuit against State Bank of Pakistan for 'unlawful actions': Reports

Islamabad/IBNS: A United Arab Emirates (UAE)-based trading and investment firm has filed a nearly Rs 74 billion suit for damages against the State Bank of Pakistan (SBP) and a private bank for allegedly freezing its bank accounts illegally nine years back, media reports said.

Pakistan: SBP reserves drop to $20,145.6 million

Pakistan: SBP reserves drop to $20,145.6 million

Islamabad: The  foreign exchange reserves held by Pakistan's central bank dropped by 0.61% on a weekly basis, as per the data released by  the State Bank of Pakistan (SBP) on Thursday.