KARACHI: The State Bank of Pakistan (SBP) has announced that the key interest rate will remain unchanged at 11 percent for the next two months. Addressing a press conference, SBP Governor Jameel Ahmad said the decision was made after reviewing all key economic indicators. He noted that inflation reached its lowest point in April but … Read more
The State Bank of Pakistan (SBP) plans to issue new currency notes starting in the second half of 2025, as announced by Governor Jameel Ahmad. The new series of notes will feature enhanced security measures and will gradually replace the current currency. The rollout will be conducted one denomination at a time, rather than introducing … Read more
ISLAMABAD: The federal government has appointed Mr Jameel Ahmad as the new governor of the State Bank of Pakistan (SBP). He was previously serving as the central bank’s deputy governor since October 2018. A notification has been issued in this regard on the appointment of Jameel Ahmad for a period of five years. “In exercise … Read more
