The State Bank of Pakistan is the central bank of Pakistan. Its constitution, as originally laid down in the State Bank of Pakistan Order 1948, remained basically unchanged until January 1, 1974, when the bank was nationalized and the scope of its functions was considerably enlarged. Read More
As Pakistan's economy continues to remain in doldrums, the country's foreign exchange reserves declined by over USD 2 billion during the first 5 weeks of this fiscal year due to massive external debt servicing. ...
