November 06, 2024 08:17 (IST)
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Union Minister HD Kumaraswamy booked for threatening cop probing into mining case | Supreme Court upholds validity of Uttar Pradesh Madrasa Education Act | Not all private properties are community resources that govt can take over: Supreme Court | Pakistan's Lahore has become world's most polluted city with an AQI of 1900 on Sunday | Indian Army 'successfully completes' patrolling to a key point in Ladakh's Depsang region
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.