Pakistan’s current account ends FY21 in deficit
Pakistan’s current account balance reached at a deficit of $1.85 billion in fiscal year 2020-21.
European Central Bank inches closer to 'digital euro'
The European Central Bank (ECB) moved closer to a “digital euro” with the launch of a pilot…
Rupee Weakens Further Against Dollar
The Pak-rupee extended losses against the US-dollar on Wednesday, owing to the higher demand for…
State Bank Ready to launch collateral Free Loan Scheme for Cottage Industry
State Bank of Pakistan is ready to start a collateral free loan scheme for financing of up to Rs10…
Deposits in Roshan Digital Accounts crossed $800 million
Deposits in the newly launched Roshan Digital Accounts (RDA) have exceeded $ 800 million in seven…
SBP made it mandatory for all banks to issue Europay MasterCard Visa (EMV) cards
On Friday, the State Bank of Pakistan made it mandatory for all banks to issue new payment cards…
Non-textile sector DLTL refunds approved
To facilitate exporters, the Ministry of Commerce has approved Rs. 213 million under the ‘Draw…
'Raast' first instant digital payment system launched by Pakistan
Digital payment system ‘Raast’ will do the right thing by transacting and contributing…
The State bank of Pakistan launching a new payment system called ‘Raast’
SBP going to launch a new digital payment system ‘RAAST’ from next week.The State…
Cash paid for immovable property required to be reported under anti money laundering and counter terrorism financing : FBR
Every cash transaction for sale or purchase of housing units worth more than Rs. 2 million must be…
