Pakistan Suspends Operations of Exchange Companies
Karachi, February 13, 2024 – In a significant move, Pakistan has suspended the operations of several foreign exchange companies for serious violations of regulations.
Karachi, February 13, 2024 – In a significant move, Pakistan has suspended the operations of several foreign exchange companies for serious violations of regulations.
Karachi, 13 February 2024 – Today, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions on 13 February 2024.
Karachi, February 12, 2024 – Pakistan’s economic landscape is grappling with a significant challenge as the State Bank of Pakistan (SBP) reveals that the country’s public debt has surged to 74.8 percent of the Gross Domestic Product (GDP) by the end of December 2023.
Karachi, 12 February 2024 – Today, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions on 12 February 2024.
Karachi, February 12, 2024 – The State Bank of Pakistan (SBP) reported on Monday that the inflow of workers’ remittances has witnessed a decline to $15.82 billion during the first seven months (July – January) of the fiscal year 2023-24.
Karachi, February 12, 2024 – Unclaimed prize bonds worth a staggering Rs 4.77 billion are still up for grabs as the State Bank of Pakistan (SBP) extends the deadline for conversion until June 30, 2024.
Karachi, February 11, 2024 – In a bid to strengthen its human resource foundation, the State Bank of Pakistan (SBP) has announced the initiation of hiring for assistant directors under the Officers Training Scheme (SBOTS) – 26th Batch.
Karachi, February 11, 2024 – In a significant development, the State Bank of Pakistan (SBP) has imposed a monetary penalty of Rs 136 million on Bank Alfalah for various regulatory violations during the calendar year 2023, according to official documents.
Karachi, February 9, 2024 – Pakistan’s economic landscape is under scrutiny as the State Bank of Pakistan (SBP) revealed a significant decline of $165 million in the country’s foreign exchange reserves for the week ended February 2, 2024.
Karachi, February 9, 2024 – Today, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions on February 9, 2024.