The International Monetary Fund logo is seen inside the headquarters at the end of the IMF/World Bank annual meetings in Washington, US, October 9, 2016. — Reuters$1.2bn disbursement expected to arrive on December 9.Tranche consists of $1bn EFF and $200m RSF.SLA reached on October 14…
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SBP permits bank accounts for licensed virtual asset providers
An undated image of the State Bank of Pakistan building in Karachi. — AFP/FileBanks may open accounts after PVARA verification.Separate client money accounts made mandatory.AML and compliance rules remain strict.
The State Bank of Pakistan has allowed financial institutions to open…
Gold, silver hit record highs as US Justice Dept probe targets Federal Reserve
Gold bars and gold Sovereign coins are displayed at Baird & Co in Hatton Garden in London, Britain on October 8, 2025. — ReutersFederal Reserve chief confirms Justice Dept probe.Gold surges 1.6% to nearly $4,600 per ounce.Silver approached $85 per ounce; dollar falls by 0.2%.<p…
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UAE tops remittance inflows to Pakistan in February, overtaking Saudi Arabia
A man counts Pakistani rupee notes at a currency exchange shop in Peshawar, Pakistan September 12, 2023. — Reuters
DUBAI: The United Arab Emirates emerged as the largest source of remittances to Pakistan in February, with overseas Pakistanis sending about $696 million, overtaking…