SBP Launches Electronic FX Trading Platform for Interbank Trading
Karachi, January 23, 2024 – The State Bank of Pakistan (SBP) announced the launch of a cutting-edge Centralized Foreign Exchange (FX) Trading Platform called ‘FX Matching.’
Karachi, January 23, 2024 – The State Bank of Pakistan (SBP) announced the launch of a cutting-edge Centralized Foreign Exchange (FX) Trading Platform called ‘FX Matching.’
Karachi, January 23, 2024 – The Pakistani Rupee (PKR) concluded on a stronger note against the US dollar, closing at PKR 279.79 in the interbank foreign exchange market on Tuesday.
Islamabad, January 22, 2024 – Raqami Islamic Digital Bank has taken a significant leap towards revolutionizing the digital banking landscape by entering an exclusive agreement with Codebase Technologies.
Karachi, January 22, 2024 – In a positive turn of events, the Pakistani Rupee (PKR) closed at PKR 279.85 against the US dollar in the interbank foreign exchange market on Monday, marking a gain of PKR 0.05 from last Friday’s closing rate of PKR 279.90.
Karachi, January 22, 2024 – In a strategic move, Pakistan has announced its plans to introduce an online trading platform for foreign exchange by the end of January 2024, marking a significant step toward enhancing transparency and efficiency in the country’s FX market.
Karachi, January 21, 2024 – The International Monetary Fund (IMF) has advised Pakistan to exercise caution and avoid imposing restrictions on foreign exchange, emphasizing the importance of supporting a return to a market-determined exchange rate.
Islamabad, January 21, 2024 – President Dr. Arif Alvi has taken a firm stand against banking fraud, ordering the blocking of banking services to fraudsters.
Karachi, January 19, 2024 – The Pakistani Rupee (PKR) demonstrated resilience on the last trading day of the week, making a modest gain of PKR 0.08 against the US dollar.
Karachi, January 18, 2024 – The Pakistani Rupee (PKR) demonstrated its resilience in the interbank foreign exchange market on Thursday, reaching PKR 279.98 against the US dollar.
Karachi, January 17, 2024 – The US Dollar faced a decline against the Pakistani Rupee (PKR) on Wednesday, settling at PKR 280.10 in the interbank foreign exchange market.