Aaj News

Business & Economy

State Bank of Pakistan reduces policy rate by 200bps, fifth in a row

Monetary Policy Committee notes core inflation, at 9.7%, is proving to be sticky

Updated 16 Dec, 2024 05:19pm

Business & Economy

Big cut in interest rates on the cards

The Monetary Policy Committee (MPC) will meet on December 16

Published 15 Dec, 2024 11:22am

Business & Economy

Check the list as Rs25,000 prize bond winners for December 10 draw announced

It was this year’s fourth draw for Rs25,000

Published 11 Dec, 2024 01:02am

Business & Economy

Workers’ remittances increase by 33.6% to $14.8b in five months

On year-on-year basis, workers’ remittances during November 2024 recorded an inflow of $2.9b

Published 09 Dec, 2024 11:53pm

Business & Economy

PSX’s benchmark index settles at 93,291.68 points

KSE-100 index surpasses 94,000 points in intraday

Updated 11 Nov, 2024 10:57pm

Business & Economy

October remittances soar to $3.1 billion, highest in FY 24-25

Pakistan broke records with $3.24 billion remittances in May 2024

Updated 08 Nov, 2024 06:05pm

Business & Economy

SBP to announce monetary policy tomorrow, cut expected

The rate currently stands at 17.5%

Published 03 Nov, 2024 01:12pm

Business & Economy

Business leader calls for lowering interest rate by 5%

He argued that such a reduction is vital for enhancing trade activities in the country

Published 28 Oct, 2024 09:02am

Business & Economy

Pakistan requests additional $2b from IMF to tackle climate change challenges

Pakistan requested an additional $1.5 billion loan from IMF on Sept 27 due to climate issues

Published 21 Oct, 2024 03:49pm

Business & Economy

Structural impediments challenge macroeconomic stability: SBP

Central bank cites unfavourable business environment continue to constrain economy’s growth potential

Published 17 Oct, 2024 05:32pm

Business & Economy

Pakistan records lowest inflation rate in 4 years

Inflation falls to 6.9% year-on-year basis

Updated 01 Oct, 2024 04:49pm

Business & Economy

SBP extends date for imports of cash US dollar till June 30, 2025

Decision taken to ensure adequate supply of cash USD in open market

Published 24 Sep, 2024 12:43am

Business & Economy

State Bank of Pakistan cuts key rate by bigger than expected 200 bps

Decision based on inflation outlook

Updated 12 Sep, 2024 05:13pm

Pakistan

Designs from competition not actual planned notes, SBP clarifies

SBP says international firm will design new note

Published 12 Sep, 2024 03:40pm

Business & Economy

SBP expected to cut interest rate by up to 2.5%

Central bank set to announce new monetary policy on September 12

Published 08 Sep, 2024 05:23pm

Life & Style

Check out who won SBP competition for new currency notes design

Central bank shortlists two winners for every denomination design

Published 06 Sep, 2024 10:57pm

Business & Economy

People being defrauded in the name of Islamic Banking, Senate Committee finds

The meeting also saw the approval of the Deposit Protection Corporation Amendment Bill

Published 28 Aug, 2024 05:35pm

Business & Economy

Pakistan eyes $4b from Middle Eastern banks to plug financing gap, says SBP chief

Ahmad says recent interest rate cuts in Pakistan have had the desired effect

Updated 27 Aug, 2024 06:19pm

Pakistan

SBP working to introduce plastic currency notes, Senate committee told

Governor says Rs5,000 note cannot be discontinued

Updated 22 Aug, 2024 07:18pm

Business & Economy

Pakistan faces $162m current account deficit in July

July’s current account deficit was 48% higher than previous month

Published 19 Aug, 2024 03:23pm

Business & Economy

Pakistan’s total outstanding debt for FY25 stands at $26.2b, says SBP governor

SBP has already paid $1.5 billion towards the country’s external debt in 2024

Updated 08 Aug, 2024 06:31pm

Business & Economy

Pakistan shares climb 1% on rating upgrade

KSE-100 index closed at 78,827.74 levels after gaining 798.24 points

Published 29 Jul, 2024 09:37pm

Business & Economy

State Bank of Pakistan cuts key interest rate by 100 bps to 19.5%

The rate was cut by 150 basis points in June

Updated 29 Jul, 2024 05:14pm

Business & Economy

State Bank of Pakistan widely seen cutting rates

Only one analyst out of 14 predicted that rates would be held at 20.5%

Published 26 Jul, 2024 11:13pm

Business & Economy

State Bank of Pakistan cuts key rate to boost economy

Decision to cut key rate to 20.5% comes two days ahead of annual budget

Published 10 Jun, 2024 05:00pm

Pakistan

Monetary Policy Committee to meet today with rate cut on the cards

The SBP's monetary policy committee will meet on Monday

Updated 10 Jun, 2024 11:46am

Business & Economy

SBP could cut policy rate, global agency predict

Inflation has been lower than expected

Updated 09 Jun, 2024 12:09pm

Business & Economy

Workers remittance hit $2.80 billion in April

It is second highest in FY23-24

Published 10 May, 2024 09:29am

Business & Economy

Pakistan receives final $1.1 billion SBA tranche

International lender disbursed $1.1b, the last tranche of fun under SBA

Updated 30 Apr, 2024 06:28pm

Business & Economy

State Bank expected to hold rates on Monday ahead of IMF deal

Pakistan's Consumer Price Index (CPI) for March rose 20.7% from the year before

Published 26 Apr, 2024 08:33am