An undated picture of the State Bank of Pakistan’s building. — AFP/FileThe State Bank of Pakistan on Tuesday announced a bank holiday across the country on January 1, 2026.In a statement, the central bank said that all banks and financial institutions will remain closed for…
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FinMin says Pakistan’s economy stabilising, expects 3.5% GDP growth this year
An undated image of Finance Minister Muhammad Aurangzeb speaking during an interview. — AFP/FileSays inflation has fallen to single digits, policy rates have eased.Highlights forex reserves cover good for 2.5 months of imports.All 3 rating agencies have upgraded Pakistan’s…
SBP receives final $1bn from Saudi Arabia, fresh deposit reaches $3bn
A moneychanger counts $100 banknotes at an exchange company. — Reuters/FileSecond tranche follows earlier $2bn deposit inflow.Saudi support boosts reserves amid external financing pressures.IMF programme targets reserves above $18bn by June.
The State Bank of Pakistan has…
Iran war saddles global companies with $25 billion bill — and counting
Cargo ships in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, in the United Arab Emirates, March 11, 2026. — Reuters
The US-Israeli war on Iran has already cost companies around the world at…