Karachi, September 1, 2023 – The State Bank of Pakistan (SBP) has officially dismissed rumors of an unscheduled monetary policy committee (MPC) meeting and reaffirmed that the next review of interest rates will take place on September 14, 2023.
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Stay informed with SBP announcements, interest rates, banking policies, exchange rates, financial regulations, and economic updates.
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Pakistan’s Weekly Foreign Exchange Reserves Drop by $77 Million
Karachi, August 31, 2023 – Pakistan’s foreign exchange reserves have witnessed a decline of $77 million in just one week, according to a statement by the central bank on Thursday.
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State Bank Issues Foreign Exchange Rates in Pakistan for August 31, 2023
Karachi, August 31, 2023: The State Bank of Pakistan (SBP) on Thursday issued foreign exchange rates for August 31, 2023.
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State Bank Issues Foreign Exchange Rates in Pakistan for August 30, 2023
Karachi, August 30, 2023: The State Bank of Pakistan (SBP) on Wednesday issued foreign exchange rates for August 30, 2023.
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State Bank of Pakistan Suspends Authorization of Money Link Exchange Company
Karachi, August 29, 2023 – The State Bank of Pakistan (SBP) has taken swift action by suspending the authorization of an Exchange Company, M/s Money Link Exchange Company (Private) Limited, with immediate effect.
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State Bank Issues Foreign Exchange Rates in Pakistan for August 29, 2023
The State Bank of Pakistan (SBP) released the official foreign exchange rates for August 28, 2023. These rates are determined based on the weighted average rates of commercial banks across the country, reflecting the most accurate and current values of foreign currencies in relation to the Pakistani Rupee (PKR).
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Foreign Investors Repatriate Only $2.1 Million in July 2023; Plunge by 87%
Karachi, August 28, 2023 – Foreign investors operating in Pakistan have repatriated a meager $2.1 million in July 2023, marking a staggering 87 percent plunge compared to the same month in the previous year.
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State Bank Issues Foreign Exchange Rates in Pakistan for August 28, 2023
Karachi, August 28, 2023: The State Bank of Pakistan (SBP) on Monday issued foreign exchange rates for August 28, 2023.
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State Bank Issues Foreign Exchange Rates in Pakistan for August 25, 2023
Karachi, August 25, 2023: The State Bank of Pakistan (SBP) on Friday issued foreign exchange rates for August 25, 2023.
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Pakistan Issues Commemorative Coin to Mark 75 Years of US Diplomatic Relations
The State Bank of Pakistan (SBP) marked the 75th anniversary of diplomatic relations between Pakistan and the United States by issuing a commemorative coin valued at 75 rupees.
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