Articles by Shahid Iqbal
KARACHI: Although the government raised over Rs24 trillion through borrowing and enhanced revenues during the past two and a half years, heavy bank borrowing reduced the availability of credit for the...
KARACHI: In a major move to facilitate overseas Pakistanis, the State Bank of Pakistan (SBP) has allowed exchange companies to use the Raast payment system to receive remittances instantly.
The exchan...
тАв Banks receive 30pc fewer dollars in 1HFY26тАв Untraceable outflows raise questions over currency flows
KARACHI: Banks received 30 per cent fewer US dollars from exchange companies in the first hal...
KARACHI: Growth in remittances could face a decline or may not show any significant growth particularly from the Middle Eastern countries, said multiple sources.
While securing visas for Arab countrie...
KARACHI: The State Bank of Pakistan (SBP) increased its foreign exchange reserves by $4.2 billion during calendar year 2025, though the pace of accumulation slowed in the yearтАЩs second half.
Officia...
KARACHI: The State Bank of Pakistan (SBP) has introduced a set of shocks covering climate-related risk measures to protect the financial institutions as the threat has been increasing with climate cha...
тАв Experts say exchange rate still тАШmanagedтАЩ, warn pressures may return in 2026тАв Insist PKRтАЩs path shaped by politics, financing, oil and not just valuation models
KARACHI: The first half of ...
тАв Experts say exchange rate still тАШmanagedтАЩ, warn pressures may return in 2026тАв Insist PKRтАЩs path shaped by politics, financing, oil and not just valuation models
KARACHI: The first half of ...
KARACHI: The governmentтАЩs borrowing from banks in the first half of FY26 has marked a sharp reversal from last yearтАЩs pattern, with Rs672 billion raised against net debt retirement during the same...
KARACHI: Another step towards PakistanтАЩs virtual assets framework was taken on Thursday, as the State Bank of Pakistan (SBP) held a meeting with the chairman of the Pakistan Virtual Assets Regulator...
.png)