KARACHI – The State Bank of Pakistan has released a commemorative banknote of Rs75 to mark the 75th anniversary of Pakistan. In a recent post on Twitter, the central bank said the banknote is signed by former SBP governor Dr Raza Baqir and it would be available for public issuance on ...

LAHORE - The nostalgic memories of our mothers opening rustic family trunks and taking out hand-knitted khaees and dariyan made from indigenous cotton and proudly setting those for the frequent guests have faded away. Not only that, the budding fields of cotton have slowly been lost to concrete ...

KARACHI – The State Bank of Pakistan (SBP) Thursday announced a two-day holiday for banks across the country on the occasion of Ashura (Muharram 9-10). "The State Bank of Pakistan will remain closed on 8 and 9 August (Monday and Tuesday) being 9th and 10th Muharram-ul-Haram, 1444 AH on the ...

ISLAMABAD – State Bank of Pakistan Acting Governor Dr Murtaza Syed addressed the financial situation and also responded to the concerns about the country’s dilapidating economy. Speaking in a podcast conducted by the central bank, the newly appointed Governor dismissed the impression ...

KARACHI – The Pakistani rupee on Thursday dropped to another all-time of Rs230 against the US dollar in the interbank market. When the session opened today, the local currency depreciated Rs5.08 to 230 against the greenback, according to the Foreign Exchange Association of Pakistan ...