November 06, 2024 02:35 (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.

State Bank of Pakistan receives $2.3bn from Chinese banks, tweets Pakistani Finance Minister

State Bank of Pakistan receives $2.3bn from Chinese banks, tweets Pakistani Finance Minister

Islamabad: Pakistan Finance Minister Miftah Ismail on Friday confirmed a Chinese consortium loan of RMB 15 billion (roughly $2.3 billion) has been credited into the State Bank of Pakistan's (SBP) account.

Pakistan's SBP forex reserves hit 23-month low

Pakistan's SBP forex reserves hit 23-month low

Islamabad: Pakistan's foreign exchange reserves has now moved down to touch its lowest level since December 2019 at USD 16.4 billion.

State Bank of Pakistan refuses to open Afghanistan Relief Fund

State Bank of Pakistan refuses to open Afghanistan Relief Fund

Islamabad/UNI: The State Bank of Pakistan (SBP) has refused to open the Afghanistan Relief Fund and also urged Prime Minister Imran Khan to review his decision, expressing the fear that the Financial Action Task Force (FATF) might impose sanctions against Islamabad.