Islamabad, July 12, 2025 – Pakistan and Vietnam have taken a significant step toward strengthening bilateral financial ties, as senior officials from both countries agreed to renew and expand existing cooperation frameworks between their respective central banks.
(more…)Tag: SBP
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SBP releases foreign currency rates for July 11, 2025
On July 11, 2025, the State Bank of Pakistan (SBP) announced the official foreign exchange rates for customers. These rates, based on the weighted averages of commercial banks, act as a key reference for cross-border transactions, facilitating international trade and commerce.
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Pakistan’s forex reserves cross $20 billion after three-year gap
Karachi, July 10, 2025 – Pakistan’s foreign exchange (forex) reserves have surged past the $20 billion threshold for the first time in over three years, marking a significant milestone in the country’s economic recovery.
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SBP releases foreign currency rates for July 10, 2025
On July 10, 2025, the State Bank of Pakistan (SBP) announced the official foreign exchange rates for customers. These rates, based on the weighted averages of commercial banks, act as a key reference for cross-border transactions, facilitating international trade and commerce.
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SBP appoints primary dealers for FY2025–26
Karachi, July 9, 2025 – The State Bank of Pakistan (SBP) has officially announced the appointment of primary dealers for the fiscal year 2025–26, in line with its framework for managing government securities.
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Pakistan receives all-time high $38.3 billion in remittances
Karachi, July 9, 2025 – Pakistan has achieved a major milestone by receiving an all-time high of $38.3 billion in remittances during the fiscal year 2024–25, according to data released by the State Bank of Pakistan (SBP) on Wednesday.
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SBP releases foreign currency rates for July 9, 2025
On July 9, 2025, the State Bank of Pakistan (SBP) announced the official foreign exchange rates for customers. These rates, based on the weighted averages of commercial banks, act as a key reference for cross-border transactions, facilitating international trade and commerce.
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SBP releases foreign currency rates for July 8, 2025
On July 8, 2025, the State Bank of Pakistan (SBP) announced the official foreign exchange rates for customers. These rates, based on the weighted averages of commercial banks, act as a key reference for cross-border transactions, facilitating international trade and commerce.
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Govt eyes Rs5.57 trillion borrowing via Q1 auctions
Karachi, July 8, 2025 – The federal government is set to raise a record Rs5.57 trillion through borrowing via auctions of government securities during the first quarter (July–September) of the fiscal year 2025-26, as part of its ongoing efforts to manage the budget deficit and fund public expenditure.
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SBP vows reforms to boost sustainable growth
Karachi, July 7, 2025 — The State Bank of Pakistan (SBP) has reaffirmed its commitment to structural reforms aimed at promoting long-term, inclusive economic growth, with a renewed focus on empowering women entrepreneurs. Speaking at the launch ceremony of the Women Entrepreneurs Finance Code in Karachi, SBP Governor Jameel Ahmad emphasized that the central bank is prioritizing reforms to set the stage for sustainable growth in Pakistan.
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