KARACHI: State Bank of Pakistan (SBP) on Monday raised benchmark policy rate by 100 points to 17 per cent to check inflationary pressure.
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SBP allows one-time facilitation to importers for consignment clearance
KARACHI: State Bank of Pakistan (SBP) on Monday allowed one-time facilitation to importers who arrange funds to settle pending import payments.
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Karachi Interbank Offered Rates KIBOR – January 23, 2023
KARACHI: State Bank of Pakistan (SBP) on Monday issued the Karachi Interbank Offered Rates (KIBOR) as on January 23, 2023.
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SBP’s weighted average customer exchange rates on January 23, 2023
KARACHI: The State Bank of Pakistan (SBP) on Monday issued foreign exchange rates for January 23, 2023. The exchange rate is on the basis of weighted average rates of commercial banks.
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Pakistan’s renowned novelist becomes victim of online bank fraud
Pakistan’s renowned novelist Mirza Athar Baig has become victim of online bank fraud and lost Rs 1.1 million from his bank account.
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SBP issues instructions to banks for sugar export
KARACHI: State Bank of Pakistan (SBP) on Saturday issued instructions to banks regarding export of sugar that was allowed by the government.
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Karachi Interbank Offered Rates KIBOR – January 20, 2023
KARACHI: State Bank of Pakistan (SBP) on Friday issued the Karachi Interbank Offered Rates (KIBOR) as on January 20, 2023.
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SBP to issue policy announcement on Jan 23; another hike of 100bps likely
KARACHI: State Bank of Pakistan (SBP) is scheduled to issue a monetary policy announcement on January 23, 2023 as the market is expecting another hike of 100 basis points to bring the benchmark rate to 17 per cent.
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SBP’s weighted average customer exchange rates on January 20, 2023
KARACHI – In a statement released on Friday, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for January 20, 2023.
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Pakistan’s total forex reserves inch up to $10.44 billion
KARACHI: Pakistan’s total foreign exchange reserves inched up by $256 million by week ended January 13, 2023, State Bank of Pakistan (SBP) said on Thursday.
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