State Bank of Pakistan Announces Significant Interest Rate Cut
In a landmark move, the State Bank of Pakistan (SBP) has reduced the interest rate by 150 basis points to 20.5%, effective June 11, 2024. This decision marks a departure…
State Bank of Pakistan Denies Issuance of Polymer Banknotes: Clarification Statement
The State Bank of Pakistan (SBP) asserted on Saturday that there is no truth to the news reports claiming the introduction of the Polymer Banknotes Series. In a notification, the…