Karachi, June 7, 2023 – The State Bank of Pakistan (SBP) has announced an extension of the facility that allows freelancers in the Information Technology (IT) sector to retain 35% of their export earnings in their foreign currency (FCY) accounts.
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State Bank of Pakistan Renews Recognition of Credit Rating Agencies VIS and PACRA
Karachi, June 6, 2023: The State Bank of Pakistan (SBP) has officially renewed the eligibility and recognition of two credit rating agencies, VIS Credit Rating Company Limited (VIS) and The Pakistan Credit Rating Agency Limited (PACRA), as External Credit Assessment Institutions (ECAIs) until December 31, 2023.
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Karachi Interbank Offered Rates KIBOR – June 06, 2023
KARACHI: State Bank of Pakistan (SBP) on Tuesday issued the Karachi Interbank Offered Rates (KIBOR) as on June 06, 2023.
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SBP’s weighted average customer exchange rates on June 06, 2023
KARACHI: The State Bank of Pakistan (SBP) on Tuesday issued foreign exchange rates for June 06, 2023. The exchange rate is on the basis of weighted average rates of commercial banks.
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Karachi Interbank Offered Rates KIBOR – June 05, 2023
KARACHI: State Bank of Pakistan (SBP) on Monday issued the Karachi Interbank Offered Rates (KIBOR) as on June 05, 2023.
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SBP’s weighted average customer exchange rates on June 05, 2023
KARACHI: The State Bank of Pakistan (SBP) on Monday issued foreign exchange rates for June 05, 2023. The exchange rate is on the basis of weighted average rates of commercial banks.
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Market Expects Status Quo in Policy Rate Amid Economic Crossroads
As the monetary policy committee prepares for its upcoming meeting on June 12, 2023, market expectations lean towards the State Bank of Pakistan (SBP) maintaining the policy rate at the current level of 21%.
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Karachi Interbank Offered Rates KIBOR – June 02, 2023
KARACHI: State Bank of Pakistan (SBP) on Friday issued the Karachi Interbank Offered Rates (KIBOR) as on June 02, 2023.
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Majority Expects Unchanged Policy Rate in Upcoming SBP Announcement
In a recent poll conducted by Topline Securities, market participants have expressed their expectations regarding the State Bank of Pakistan’s (SBP) upcoming monetary policy announcement.
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SBP’s weighted average customer exchange rates on June 02, 2023
KARACHI: The State Bank of Pakistan (SBP) on Friday issued foreign exchange rates for June 02, 2023. The exchange rate is on the basis of weighted average rates of commercial banks.
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