Karachi, August 1, 2023: The State Bank of Pakistan (SBP) on Tuesday issued foreign exchange rates for August 1, 2023.
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Pakistan Extends Interbank Dollar Purchases for Card Payments
Karachi, August 1, 2023 – The State Bank of Pakistan (SBP) announced to extend the settlement of card-based cross-border transactions through interbank for an additional five months.
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SBP Keeps Benchmark Policy Rate Unchanged at 22% Amid Easing Economic Uncertainties
Karachi, July 31, 2023 – The State Bank of Pakistan (SBP) has announced its decision to maintain the benchmark policy rate at 22 percent, citing a decrease in economic uncertainties.
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State Bank of Pakistan issues foreign exchange rates for July 31, 2023
Karachi, July 27, 2023: The State Bank of Pakistan (SBP) on Monday issued foreign exchange rates for July 31, 2023.
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SBP’s Regulatory Crackdown: 11 Banks Slapped with Rs 575 Million in Fines
Karachi, July 27, 2023 – The State Bank of Pakistan (SBP) has taken a firm stance against regulatory violations in the banking sector, imposing a total monetary penalty of Rs 575 million on 11 banks during the first half (January – June) of calendar year 2023.
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Pakistan Sees $530 Million Decline in Foreign Exchange Reserves
Karachi, July 27, 2023 – Pakistan’s foreign exchange reserves experienced a significant decline of $530 million for the week ended July 21, 2023, according to a report by the State Bank of Pakistan (SBP).
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SBP Ready to Unveil Interest Rate Fate Following IMF Deal
Karachi, July 27, 2023 – The State Bank of Pakistan (SBP) is poised to make a crucial decision on the benchmark interest rate following the successful conclusion of a loan deal with the International Monetary Fund (IMF).
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Karachi Interbank Offered Rates KIBOR – July 27, 2023
KARACHI: State Bank of Pakistan (SBP) on Thursday issued the Karachi Interbank Offered Rates (KIBOR) as on July 27, 2023.
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State Bank of Pakistan issues foreign exchange rates for July 27, 2023
Karachi, July 27, 2023: The State Bank of Pakistan (SBP) on Thursday issued foreign exchange rates for July 27, 2023.
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Foreign Investment Woes: Profit Repatriation from Pakistan Plunges by 80% in FY23
Karachi, July 27, 2023 – The repatriation of profit and dividends from Pakistan has seen a significant plummet of 80 percent, amounting to $331 million in fiscal year 2022-23, as reported by official data released by the State Bank of Pakistan (SBP).
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