Shoaib Ansari
The State Bank of Pakistan on Wednesday issued instructions for the banks to promote and increase the share of islamic banking in the country. “Keeping in view the significant potential of Islamic Banking Windows (IBWs)
Shoaib Ansari
The dollar recorded stellar gains to reach the fiscal year high against the rupee as despite falling demand for the greenback in the interbank as well as the open market. On Tuesday, the dollar was
Shoaib Ansari
Pakistan’s current account deficit in the fiscal year 2019-20 shrank by nearly 78 percent to $2.96 billion compared to $13.434bn in the corresponding fiscal year, data released by the State Bank of Pakistan showed on
Shoaib Ansari
The State Bank of Pakistan (SBP), in a surprise monetary policy committee (MPC) meeting on Thursday, cut the interest rate by 100 basis points to seven per cent. Thursday’s cut is fifth in the last
