Pakistan’s exports surge by 20% in FY 2023-24
Pakistan’s exports to seven regional countries increased by 20% during FY 2023-24 compared to the previous year. According to the State Bank of Pakistan (SBP), these exports amounted to $4,334.467 million, making up 13.94% of Pakistan’s total exports of $31,090.229 million for the fiscal year. Moreover, China was the top
State Bank of Pakistan admits mistakes in new currency notes
Khanewal-based researcher Shahzad Faizi has identified six spelling and grammatical errors in Pakistan’s currency notes. Following the discovery of these mistakes, the State Bank of Pakistan (SBP) has been ordered to rectify them within a 60-day period. The federal ombudsman heard Shahzad Faizi’s complaint, during which representatives from the State
Bank borrowings hit Rs6.2 tr in just 10 months
WEB DESK: Pakistan’s government surpassed its treasury bills auction target, raising Rs640 billion on Wednesday, while simultaneously reducing the cut-off yields for various tenors by up to 49 basis points. Despite a target of Rs450 billion, the overwhelming response saw bids totaling over Rs1.8 trillion, indicating investors’ preference for risk-free
Pakistan’s headline inflation in April dips to 17.3 pc, lowest in nearly two years
Despite challenges, committee expressed confidence in downward trajectory of inflation, aiming to reach target range of 5–7 % by Sep 2025.
SBP keeps interest rate unchanged at 22 pc for seventh consecutive meeting
MPC underscored stable commodity prices amid robust global growth, but recent geopolitical events inject uncertainty into future prospects
