SBP Archives - Page 14 of 372

Bank deposits cross Rs37 trillion mark for first time in Pakistan

January 29, 2026January 29, 2026Faisal Shahnawaz

Karachi, January 29, 2026 — Bank deposits in Pakistan have crossed the Rs37 trillion mark for the first time in the country’s history, underscoring strong public confidence in the banking system despite a sharp decline in key interest rates over the past year.

Daily Interbank Foreign Exchange Rates in Pakistan – January 28, 2026

January 28, 2026January 28, 2026Faisal Shahnawaz

Karachi, January 28, 2026 — The State Bank of Pakistan (SBP) on Wednesday released the official daily interbank foreign exchange rates to provide guidance to banks, businesses, and currency market participants across the country.

Interbank Foreign Exchange Rates in Pakistan – January 27, 2026

January 27, 2026January 27, 2026Faisal Shahnawaz

Karachi, January 27, 2026 – The State Bank of Pakistan (SBP) on Tuesday released the latest interbank foreign exchange rates, providing updated buying and selling rates for major currencies. These rates are aimed at facilitating banking consumers, traders, and businesses engaged in international transactions.

SBP cuts cash reserve requirement to boost bank lending

January 26, 2026January 26, 2026Faisal Shahnawaz

Karachi, January 26, 2026 – The State Bank of Pakistan (SBP) on Monday announced a reduction in cash reserve requirements (CRR) for banks, aiming to improve liquidity and enhance credit flow to the private sector amid an improving macroeconomic environment.

SBP keeps interest rate at 10.5% citing inflation and trade deficit concerns

January 26, 2026January 26, 2026Shahnawaz Akhter

Karachi, January 26, 2026 – The State Bank of Pakistan (SBP) on Monday decided to maintain the policy rate at 10.5%, citing concerns over rising inflation and a widening trade deficit.

SBP releases daily interbank forex rates for January 26, 2026

January 26, 2026January 26, 2026Faisal Shahnawaz

Karachi, January 26, 2026 — The State Bank of Pakistan (SBP) on Monday published the latest daily interbank foreign exchange (forex) rates to facilitate banks, businesses, importers, exporters, and general banking customers across the country.

How Much Interest Rate Cut Can We Expect in Today’s MPC Meeting?

January 26, 2026January 26, 2026Shahnawaz Akhter

Karachi, January 26, 2026: Sentiments are running high as Pakistan awaits the Monetary Policy Committee (MPC) meeting of the State Bank of Pakistan (SBP) today. Market participants and analysts are closely monitoring expectations for a potential benchmark interest rate cut.

SBP revokes license of prominent exchange company over major regulatory breaches

January 23, 2026January 23, 2026Faisal Shahnawaz

Karachi, January 23, 2026 – In a decisive enforcement action, the State Bank of Pakistan (SBP) on Friday cancelled the license of a well-known exchange company, citing serious violations of regulatory requirements governing the foreign exchange sector.

SBP Releases Updated Interbank Forex Rates: January 23, 2026

January 23, 2026January 23, 2026Faisal Shahnawaz

Karachi, January 23, 2026 – The State Bank of Pakistan (SBP) has released the latest daily interbank foreign exchange rates for Friday, January 23, 2026, providing critical guidance for banks, traders, businesses, and the general public.

SBP tightens export rules; new undertakings required for payments

January 23, 2026January 23, 2026Shahnawaz Akhter

Karachi, Jan 23, 2026 – The State Bank of Pakistan (SBP) has introduced stricter rules for exporters, requiring them to submit a new Undertaking/Declaration through the Pakistan Single Window (PSW) system for receipt of payments via Authorized Dealers (ADs).

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