Karachi, July 3, 2025 – Pakistan’s foreign exchange (forex) reserves have surged past the $18 billion mark, signaling renewed confidence in the country’s external position.
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SBP releases foreign currency rates for July 3, 2025
On July 3, 2025, the State Bank of Pakistan (SBP) announced the official foreign exchange rates for customers. These rates, based on the weighted averages of commercial banks, act as a key reference for cross-border transactions, facilitating international trade and commerce.
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SBP forex reserves surge to $14.51 billion, exceed IMF benchmark
KARACHI, July 2, 2025 — In a strong signal of macroeconomic stability, the State Bank of Pakistan (SBP) announced that its foreign exchange (forex) reserves surged to $14.51 billion by the close of fiscal year 2024-25, crossing the target set by the International Monetary Fund (IMF).
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SBP releases foreign currency rates for July 2, 2025
On July 2, 2025, the State Bank of Pakistan (SBP) announced the official foreign exchange rates for customers. These rates, based on the weighted averages of commercial banks, act as a key reference for cross-border transactions, facilitating international trade and commerce.
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SBP ends promotion schemes for home remittances
Karachi, July 1, 2025 – In a major policy shift, the State Bank of Pakistan (SBP) has announced the discontinuation of existing marketing and promotion schemes related to home remittances, effective from July 1, 2025.
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SBP declares bank holidays for Muharram 2025
Karachi, July 1, 2025 – The State Bank of Pakistan (SBP) has officially announced bank holidays across the country in observance of Muharram 2025, marking the sacred days of Ashura.
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SBP releases foreign currency rates for June 30, 2025
On June 30, 2025, the State Bank of Pakistan (SBP) announced the official foreign exchange rates for customers. These rates, based on the weighted averages of commercial banks, act as a key reference for cross-border transactions, facilitating international trade and commerce.
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Audit firms face FBR inspection over dubious tax certification
Karachi, June 29, 2025 – In a landmark move, the Federal Board of Revenue (FBR) will now subject audit firms to official inspection in cases involving questionable tax certifications. This significant development comes through the Finance Act, 2025, which aims to hold not just taxpayers, but also their auditors, accountable for misrepresentations in sales tax matters.
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SBP releases foreign currency rates for June 27, 2025
On June 27, 2025, the State Bank of Pakistan (SBP) announced the official foreign exchange rates for customers. These rates, based on the weighted averages of commercial banks, act as a key reference for cross-border transactions, facilitating international trade and commerce.
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SBP issues banking schedule for fiscal year-end tax collection
Karachi, June 27, 2025 — The State Bank of Pakistan (SBP) has released a comprehensive banking schedule aimed at facilitating the collection of government duties and taxes at the end of the fiscal year 2024–25.
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