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#SBP

Will Rs5,000 note be discontinued in Pakistan?

KARACHI (Web Desk) – State Bank of Pakistan Governor Jameel Ahmad, while briefing a parliamentary committee, said that the proposal to issue newly designed currency notes has been sent to the federal cabinet. He said the new notes will…

SBP announces public holiday on Feb 5

KARACHI (Web Desk) – The State Bank of Pakistan has announced a public holiday on the occasion of Kashmir Solidarity Day. In a statement, the State Bank said that in line with the Government of Pakistan’s announcement, banks will remain…

SBP keeps policy rate unchanged at 11%

KARACHI – State Bank of Pakistan (SBP) decided to maintain the policy rate at 11 percent, citing inflationary pressures and the economic impact of recent floods. In a statement shared on social media platform X, the central bank said,…