Pakistan Central Bank
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Iran War Delivers Fresh Shockwave To Global Economy
The conflict is driving up energy and fertiliser prices, threatening food shortages in poor countries, destabilising fragile states such as Pakistan, and complicating options for the inflation fighters at central banks like the Federal Reserve.
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"Russian Oil Wasn't An Issue": Raghuram Rajan's Take On US Tariffs On India
The import of Russian oil was not the central reason for the Donald Trump administration's imposition of a hefty 50 per cent tariff on Indian goods in the United States, according to former Reserve Bank Governor Raghuram Rajan.
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China Rolls Over $3.4 Billion Of Commercial Loans To Pakistan: Report
China has rolled over $3.4 billion in loans to Islamabad, which together with other recent commercial and multilateral lending will boost Pakistan's foreign exchange reserves to $14 billion, a finance ministry source said.
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IMF's Debt Dilemma Looms After Pak Election: Central Bank's Ex Governor
The International Monetary Fund faces tough choices on how to deal with Pakistan after the February election and how to assess the country's debt situation, a former central bank governor of the South Asian nation said.
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Pakistan Banks Turn to Blockchain Technology to Update Customers' KYC Details Amid Economic Turmoil
Banks in Pakistan have decided to develop a know-your-customer (KYC) platform using blockchain technology in order to strengthen the country’s efforts to curb money-laundering. With a blockchain-based KYC platform, financial institutions will be able to minimise onboarding costs for bank users.
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Pakistan Central Bank Hikes Interest Rate To Record High Level Amid Inflation
The State Bank of Pakistan has increased the interest rate by a massive 300 basis points (bps) taking it to a record-high level of 20 per cent, in accordance with the conditions set by the International Monetary Fund.
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Pakistan To Get $700 Million Loan From China: Finance Minister
Pakistan's all-weather ally China has approved a loan of USD 700 million and the funds will be transferred to the central bank this week, Finance Minister Ishaq Dar announced today as the cash-strapped country tried to avert a financial crisis.
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Cash-Strapped Pakistan To Repay $1 Billion Next Week, 3 Days Before Deadline
Pakistan's central bank chief said on Friday that the cash-strapped country would repay a USD 1 billion international bond on December 2, three days before its due date.
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"Looks Like UFO": Video Of Pakistan Groom With Currency Garland Shocks Internet
Years ago, India's central bank had said that bank notes should be respected as they are a symbol of the sovereign and people should not misuse them.
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Cash-Strapped Pakistan Gets $2.3 Billion From China
Pakistani Finance Minister Miftah Ismail said on Friday that a loan of USD 2.3 billion from a Chinese consortium of banks had been credited to the central bank's account.
-
Iran War Delivers Fresh Shockwave To Global Economy
The conflict is driving up energy and fertiliser prices, threatening food shortages in poor countries, destabilising fragile states such as Pakistan, and complicating options for the inflation fighters at central banks like the Federal Reserve.
-
"Russian Oil Wasn't An Issue": Raghuram Rajan's Take On US Tariffs On India
The import of Russian oil was not the central reason for the Donald Trump administration's imposition of a hefty 50 per cent tariff on Indian goods in the United States, according to former Reserve Bank Governor Raghuram Rajan.
-
China Rolls Over $3.4 Billion Of Commercial Loans To Pakistan: Report
China has rolled over $3.4 billion in loans to Islamabad, which together with other recent commercial and multilateral lending will boost Pakistan's foreign exchange reserves to $14 billion, a finance ministry source said.
-
IMF's Debt Dilemma Looms After Pak Election: Central Bank's Ex Governor
The International Monetary Fund faces tough choices on how to deal with Pakistan after the February election and how to assess the country's debt situation, a former central bank governor of the South Asian nation said.
-
Pakistan Banks Turn to Blockchain Technology to Update Customers' KYC Details Amid Economic Turmoil
Banks in Pakistan have decided to develop a know-your-customer (KYC) platform using blockchain technology in order to strengthen the country’s efforts to curb money-laundering. With a blockchain-based KYC platform, financial institutions will be able to minimise onboarding costs for bank users.
-
Pakistan Central Bank Hikes Interest Rate To Record High Level Amid Inflation
The State Bank of Pakistan has increased the interest rate by a massive 300 basis points (bps) taking it to a record-high level of 20 per cent, in accordance with the conditions set by the International Monetary Fund.
-
Pakistan To Get $700 Million Loan From China: Finance Minister
Pakistan's all-weather ally China has approved a loan of USD 700 million and the funds will be transferred to the central bank this week, Finance Minister Ishaq Dar announced today as the cash-strapped country tried to avert a financial crisis.
-
Cash-Strapped Pakistan To Repay $1 Billion Next Week, 3 Days Before Deadline
Pakistan's central bank chief said on Friday that the cash-strapped country would repay a USD 1 billion international bond on December 2, three days before its due date.
-
"Looks Like UFO": Video Of Pakistan Groom With Currency Garland Shocks Internet
Years ago, India's central bank had said that bank notes should be respected as they are a symbol of the sovereign and people should not misuse them.
-
Cash-Strapped Pakistan Gets $2.3 Billion From China
Pakistani Finance Minister Miftah Ismail said on Friday that a loan of USD 2.3 billion from a Chinese consortium of banks had been credited to the central bank's account.
