SBP launches riyal, dirham Naya Pakistan Certificates
State Bank has announced it will issue Naya Pakistan Certificates in Saudi riyal and UAE dirham, but the returns are slightly lower than those for US dollar investments. The central…
Govt eyes $10bn rice exports, assures support to exporters
Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has urged rice exporters to set an ambitious target of $10 billion in rice exports and assured them of full support…
Pakistan remittances reach $3.8bn in March; Saudi Arabia and UAE lead inflows
Saudi Arabia remains the largest source, sending $918.4m in workers’ remittances in March 2026 Pakistan received $3.83 billion in workers’ remittances in March 2026, State Bank of Pakistan (SBP) data…
Pakistan: Rupee remains stable despite regional war pressures
Despite 19 days of war in the Middle East, Pakistan’s exchange rate remained stable, encouraging stakeholders, including the State Bank of Pakistan (SBP) and the government. The exchange rate has…
Pakistan: Reserves climb to $21.7b
Gold crashes from Rs24,300 to Rs499,462 per tola amid global sell-off The central bank said in its latest weekly update on Thursday that the country’s foreign exchange reserves, held by…
Pakistan: ICCI for adopting proactive trade diplomacy to boost exports
President Islamabad Chamber of Commerce and Industry (ICCI), Sardar Tahir Mehmood, has urged the government to formulate a comprehensive National Export Strategy coupled with proactive trade diplomacy to enhance Pakistan’s…