SBP

Banking Sector spread inched up by 1.4% on YoY basis in Dec

As per the data released by the SBP the Banking sector spread for the month of December 2023 has decreased by 1 basis points...

SBP has sold T-bills worth Rs185bn and yields drop by up to 62bps

The State Bank of Pakistan (SBP) conducted an auction on Wednesday in which it sold Market Treasury Bills (MTBs) worth Rs184.66 billion for 3,6 and...
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Business
News Desk

Banking Sector spread inched up by 1.4% on YoY basis in...

As per the data released by the SBP the Banking sector spread for the month of December 2023 has decreased by 1 basis points...
News Desk

SBP has sold T-bills worth Rs185bn and yields drop by up...

The State Bank of Pakistan (SBP) conducted an auction on Wednesday in which it sold Market Treasury Bills (MTBs) worth Rs184.66 billion for 3,6 and...
News Desk

Pakistan’s IT Exports Hit All Time High of $303Mn In December

Pakistan earned USD 303 million by providing different Information Technology (IT) services in various countries during the month of December 2023, according to data...
News Desk

MPC of the SBP has raised Policy rate to 22%

MPC of SBP convened an emergency meeting today, where it noted that potential upside risks to the inflation outlook have increased from the last...
News Desk

Pakistan economy: State Bank of Pakistan to continue with monetary tightening

Although there is a strict prohibition against charging interest, a significant number of Islamic banks still rely on interest-based benchmarks like Karachi Interbank Offered...
News Desk

SBP has raised the Interest rate by 100BPS to 17%

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) in its meeting has decided to raise the policy rate by 100 basis...