SBP Archives - Page 100 of 372

Pakistan’s Forex Reserves Witness Growth, Reach $13.44 Billion

April 15, 2024May 9, 2026Shahnawaz Akhter

Karachi – Pakistan’s foreign exchange reserves have seen a notable increase, rising by $62 million to $13.44 billion by the week ending April 5, 2024.

SBP Issues Foreign Exchange Rates as of April 15, 2024

April 15, 2024April 15, 2024Faisal Shahnawaz

Today, April 15, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.

Pakistan Repays $1 Billion Towards International Bonds

April 13, 2024April 13, 2024Faisal Shahnawaz

Pakistan has successfully completed the repayment of $1 billion towards its International Bond on April 12, 2024, as announced by the State Bank of Pakistan (SBP) on Saturday.

Pakistan Faces 4.8% Drop in Registered Prize Bond Investments

April 12, 2024April 12, 2024Shahnawaz Akhter

In a concerning development for Pakistan’s financial landscape, data released by the State Bank of Pakistan (SBP) reveals a notable 4.8 percent decline in registered prize bond investments by the end of February 2024 compared to the same period the previous year.

Govt Borrowing Skyrockets by 138% to Rs 4.84 Trillion in 9MFY24

April 11, 2024April 11, 2024Shahnawaz Akhter

Karachi, April 11, 2024 – Official data reveals a staggering surge in government borrowing from the banking system, soaring to Rs 4.84 trillion during the initial nine months (July – March) of the fiscal year 2023-24.

SBP Issues Foreign Exchange Rates as of April 9, 2024

April 9, 2024April 9, 2024Faisal Shahnawaz

Today, April 09, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.

Pakistan Remittances Surge by 31% MoM in March 2024

April 8, 2024April 8, 2024Shahnawaz Akhter

Karachi, April 8, 2024 – Pakistan has witnessed a significant surge of 31 percent in remittances on a month-on-month (MoM) basis in March 2024.

SBP Issues Foreign Exchange Rates as of April 8, 2024

April 8, 2024April 8, 2024Faisal Shahnawaz

Today, April 08, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.

SBP Directs Banks to Open Accounts for BISP Beneficiaries

April 8, 2024April 8, 2024Shahnawaz Akhter

Karachi, April 8, 2024 – The State Bank of Pakistan (SBP) has issued directives to banks to open bank accounts for beneficiaries of the Benazir Income Support Program (BISP), aiming to streamline the disbursement process of financial assistance directly into their accounts.

Banks Close 3 Days for Eid-ul-Fitr 2024: Plan Your Transactions

April 7, 2024April 7, 2024Shahnawaz Akhter

As the joyous occasion of Eid-ul-Fitr approaches, citizens in Pakistan are reminded to plan their financial transactions in advance due to the closure of banks for three consecutive days.

Tag: SBP