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Tag: remittances

Remittances see ‘record increase’ in December with $3.1bn inflows – SUCH TV

Posted on January 10, 2025 By Admin No Comments on Remittances see ‘record increase’ in December with $3.1bn inflows – SUCH TV
Remittances see ‘record increase’ in December with $3.1bn inflows – SUCH TV

The State Bank of Pakistan on Friday said remittances from overseas Pakistanis recorded inflows of $3.1 billion in December which Prime Minister Shehbaz Sharif hailed as a “record increase”. A statement issued today said the growth in workers’ remittances was 29.3 per cent compared to the same month last year and a 5.6pc increase in…

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State Bank of Pakistan slashes policy rate by 200 BPS amid falling inflation | The Express Tribune

Posted on September 12, 2024 By Admin No Comments on State Bank of Pakistan slashes policy rate by 200 BPS amid falling inflation | The Express Tribune
State Bank of Pakistan slashes policy rate by 200 BPS amid falling inflation | The Express Tribune

The State Bank of Pakistan (SBP) reduced its policy rate by 200 basis points to 17.5% on Thursday, as headline and core inflation saw a sharper-than-expected decline over the last two months. The rate cut will be effective from September 13, 2024. The Monetary Policy Committee (MPC) of the SBP attributed this decision to falling…

Read More “State Bank of Pakistan slashes policy rate by 200 BPS amid falling inflation | The Express Tribune” »

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