The State Bank’s Monetary Policy Committee (MPC) meeting has been scheduled for Monday, with a possible cut in the policy rate expected. According to an announcement issued by the State bank, the MPC of the State Bank of Pakistan will convene on Monday, May 5, 2025, to decide on the monetary policy for the next … Read more
Business leaders have called for a 6% cut (600 basis points) in the interest rate in one go to accelerate economic growth and business activities in the country. Most analysts predict a seventh consecutive rate cut by the State Bank of Pakistan (SBP) on Monday, amid the first International Monetary Fund (IMF) review of 7 … Read more
This marks a slight increase compared to Friday’s rates, where the selling rate was Rs74.19 and the buying rate was Rs74.06. Despite this minor change, the value of the Saudi Riyal against the Pakistani Rupee has largely remained stable over the weekend. The partnership between Pakistan and Saudi Arabia is marked by a long-established and … Read more
The central bank of pakistan issued first digital retail bank licence to Easypaisa Bank on Tuesday. In a ceremony held at the central bank, Governor Jameel Ahmad awarded the licence to Easypaisa Bank Ltd, formerly Telenor Microfinance Bank Ltd, authorising it to commence commercial operations. Moreover In In a recent announcement, Irfan Wahab Khan, CEO … Read more
