The State Bank of Pakistan (SBP) said on Friday its Go Cashless campaign for Eidul Azha 2026 stood successful as more than 480,000 transactions valuing over Rs34 billion had been conducted using digital channels and instruments. The central bank said there was a significant increase in both the volume and value of digital transactions. “Compared […]
State Bank of pakistan
SBP reserves climb to $17.19 billion
Pakistan’s foreign exchange reserves held by the State Bank of Pakistan rose to $17.19 billion during the week ending May 29. The increase of $43 million signals a modest improvement in the country’s external financial position. Economists, investors, and policymakers closely track reserve levels as a measure of financial stability. According to data released by […]
SBP-held foreign reserves rise by $43m to $17.9bn
The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $43 million on a weekly basis, reaching $17.19 billion as of May 29, 2026, according to data released by the central bank on Thursday. The SBP said the country’s total liquid foreign reserves stood at $22.636 billion during the week under […]
SBP reserves rise by $43 million
Pakistan’s foreign exchange reserves increased by $43 million during the week ended May 29, 2026, according to data released by the State Bank of Pakistan. The rise pushed the central bank’s reserves to $17.19 billion, reflecting continued external sector stability. The development is significant for investors, policymakers and businesses monitoring the country’s financial position. The […]
Pakistan’s consumer inflation rises to 11.7pc in May
ISLAMABAD: Pakistan’s consumer inflation accelerated to 11.7 per cent year-on-year in May, increasing pressure on household budgets as higher energy costs, transport charges and food prices continued to drive up the cost of living across Pakistan. Read More: Pakistan’s inflation climbs to 23-month high in May According to data released by the Pakistan Bureau of Statistics, inflation […]
From Collapse to Comeback: The Rise of ABHI Bank
Some stories are about growth. Others are about survival. But once in a generation, a story emerges about resurrection. When TPL and Abhi came together to enter the banking space, we were not searching for an easy acquisition. We were stepping into one of the most difficult institutional recovery challenges in Pakistan’s financial sector. FINCA […]
SBP-held foreign reserves rise by $66 million to $17.15 billion
Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $66 million on a weekly basis, according to data released by the central bank on Friday. The SBP said the country’s total liquid foreign reserves stood at $22.65 billion as of May 22, 2026. According to the break-up, foreign reserves held by […]
SBP governor projects inflation to rise to 7 percent
Governor of the State Bank of Pakistan Jameel Ahmad has projected that Pakistan’s inflation rate could rise to 7 percent, while expressing optimism about medium-term economic stability and growth. مہنگائی کی شرح 7 فیصد تک جانے کا امکان ہے،گورنر اسٹیٹ بینکhttps://t.co/qBybnJRzs4 — Baaghi TV باغی ٹی وی (@BaaghiTV) May 16, 2026 Addressing the Karachi Chamber […]
IMF says Pakistan’s economic recovery holds despite regional risks
The International Monetary Fund (IMF) has said Pakistan’s economic recovery remains on track due to steady policy implementation, while warning that the ongoing conflict in the Middle East could create fresh risks for growth, inflation and external stability. Read More: IMF pressures Pakistan to tighten money laundering controls In its latest assessment released after completing the third review […]
Pakistan receives $1.3bn IMF tranche
Pakistan has received $1.3 billion from the International Monetary Fund under its ongoing financial assistance programmes, providing fresh support to the country’s foreign exchange reserves. In a statement, the State Bank of Pakistan confirmed the receipt of funds, saying the transfer was made under the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility […]