Karachi, July 20, 2023: The State Bank of Pakistan (SBP) on Thursday issued foreign exchange rates for July 20, 2023.
(more…)Tag: SBP
-
SBP Commits Not to Launch New Refinancing Schemes, IMF Country Report States
Karachi, July 20, 2023 – The State Bank of Pakistan (SBP) has made a commitment not to introduce new refinancing schemes, according to the latest country report on Pakistan issued by the International Monetary Fund (IMF).
(more…) -
Market Divided on SBP’s Upcoming Monetary Policy Meeting
Karachi, July 20, 2023: Market participants are divided over the State Bank of Pakistan’s (SBP) decision on whether to raise the benchmark policy rate further in the upcoming monetary policy meeting.
(more…) -
State Bank of Pakistan issues foreign exchange rates for July 19, 2023
Karachi, July 19, 2023: The State Bank of Pakistan (SBP) on Wednesday issued foreign exchange rates for July 19, 2023.
(more…) -
Pakistan Plans New Trading Platform for Spot Transactions
Karachi, July 19, 2023 – Pakistan is set to establish a new trading platform for spot exchange rate transactions, as part of its commitment to the International Monetary Fund (IMF).
(more…) -
Karachi Interbank Offered Rates KIBOR – July 18, 2023
KARACHI: State Bank of Pakistan (SBP) on Tuesday issued the Karachi Interbank Offered Rates (KIBOR) as on July 18, 2023.
(more…) -
Foreign Direct Investment Plunges by 25% in Pakistan During FY23
Karachi, July 18, 2023 – Pakistan has experienced a significant decline of 25% in Foreign Direct Investment (FDI) during the fiscal year 2022-23, as revealed by data released by the State Bank of Pakistan (SBP) on Tuesday.
(more…) -
State Bank of Pakistan issues foreign exchange rates for July 18, 2023
Karachi, July 18, 2023: The State Bank of Pakistan (SBP) on Tuesday issued foreign exchange rates for July 18, 2023.
(more…) -
Pakistan’s Current Account Deficit Narrows Sharply by 85% to $2.56 Billion
Karachi, July 18, 2023 – Pakistan has made significant progress in reducing its current account deficit, which stood at $2.56 billion for the fiscal year 2022-23. This represents a substantial 85% decrease compared to the previous fiscal year.
(more…) -
Pakistan’s Salaried Class Witnesses Surge in Bank Deposits, Totaling Rs3.45 Trillion
Karachi, July 17, 2023 – Pakistan’s salaried class has shown remarkable financial prudence, depositing a staggering Rs3.45 trillion in banks by the end of June 2023. This surge in deposits is primarily attributed to the country’s highest rate of return on investments.
(more…)