KARACHI: State Bank of Pakistan (SBP) on Tuesday issued the Karachi Interbank Offered Rates (KIBOR) as on September 26, 2023.
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Pakistan Declares Bank Holiday on September 29
Karachi, September 26, 2023 – Pakistan has officially announced a bank holiday on September 29, 2023, in honor of Eid Milad-un-Nabi (Sallallahu Alayhi Wa-Sallam), a significant Islamic holiday that celebrates the birth of the Prophet Muhammad (Peace Be Upon Him).
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SBP Releases Foreign Currency Rates in Pakistan for September 26, 2023
Karachi, September 26, 2023: The State Bank of Pakistan (SBP) on Tuesday issued foreign currency rates for September 26, 2023.
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SBP Suspends Authorization of Two Exchange Companies for Regulatory Violations
KARACHI, September 25, 2023 – The State Bank of Pakistan (SBP) announced on Monday that it has suspended the authorization of two exchange companies for violations of regulatory guidelines.
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SBP Releases Foreign Currency Rates in Pakistan for September 25, 2023
Karachi, September 25, 2023: The State Bank of Pakistan (SBP) on Monday issued foreign currency rates for September 25, 2023.
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Pakistan’s Foreign Exchange Reserves Increase by $107 Million, Reach $13.186 Billion
Karachi, September 21, 2023 – Pakistan’s foreign exchange reserves have seen an increase of $107 million for the week ending September 15, 2023, according to official data released on Thursday by the State Bank of Pakistan (SBP).
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State Bank of Pakistan Introduces Cash Slabs to Promote Remittances
Karachi, September 21, 2023 – The State Bank of Pakistan (SBP) announced the introduction of cash slabs as part of incentive schemes to promote remittances and encourage domestic financial institutions (FIs) to increase their marketing efforts for mobilizing home remittances through formal channels.
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SBP Releases Foreign Currency Rates in Pakistan for September 21, 2023
Karachi, September 21, 2023: The State Bank of Pakistan (SBP) on Thursday issued foreign currency rates for September 21, 2023.
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Pakistan Raises Massive Rs 2.14 Trillion via Treasury Bill Auction
Karachi, September 20, 2023 – Pakistan secured a staggering Rs 2.14 trillion in funds through the sale of treasury bills during an auction conducted by the State Bank of Pakistan (SBP) on Wednesday.
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Pakistan Approves Establishment of Five Digital Retail Banks
Karachi, September 20, 2023 – The State Bank of Pakistan (SBP) has granted In-Principle Approval (IPA) for the establishment of five digital retail banks (DRBs), signaling a significant step in the country’s financial landscape.
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