Tag: SBP
Stay informed with SBP announcements, interest rates, banking policies, exchange rates, financial regulations, and economic updates.
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SBP issues KIBOR rates – June 13, 2022
KARACHI: State Bank of Pakistan (SBP) on Monday issued the Karachi Interbank Offered Rates (KIBOR) as on June 13, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 13.69 14.19 2 – Week 13.75 14.25 1 – Month 13.91 14.41 3 – Month 14.57 14.82 6 – Month 15.38 15.63 9 – Month 15.43 15.93…
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SBP’s customer forex rates – June 13, 2022
KARACHI: On June 13, 2022, the State Bank of Pakistan (SBP) unveiled the foreign exchange rates for customers, based on the weighted average rates of commercial banks.
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SBP issues KIBOR rates – June 10, 2022
KARACHI: State Bank of Pakistan (SBP) on Friday issued the Karachi Interbank Offered Rates (KIBOR) as on June 10, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 13.71 14.21 2 – Week 13.77 14.27 1 – Month 13.90 14.40 3 – Month 14.58 14.83 6 – Month 15.39 15.64 9 – Month 15.43 15.93…
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Pakistan receives $28.41 billion as workers remittances in 11 months
KARACHI: The inflow of workers’ remittances recorded an increase of 6.25 per cent to $28.41 billion during the first 11 months (July – May) 2021/2022, State Bank of Pakistan (SBP) said on Friday. The country received an amount of $26.74 billion in the same period of the last fiscal year. READ MORE: SBP issues instructions…
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SBP’s customer forex rates – June 10, 2022
KARACHI: On June 10, 2022, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, based on the weighted average rates of commercial banks.
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Bitcoin to Pak Rupee on June 10, 2022
KARACHI: The exchange rate of Bitcoin (BTC) in Pak Rupee (PKR) is Rs6,091,173.84 on June 10, 2022 at 9:59 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs6,079,142.61 at closing on June 09, 2022. The rate of Bitcoin in US Dollar (USD) is $30,119.36 on June 10, 2022 at 9:59 AM…
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SBP jacks up policy rate by 6.75% to 13.75%
ISLAMABAD: The State Bank of Pakistan (SBP) has increased the key policy rate by 6.75 per cent during September 2021 to May 2022, according to Economic Survey of Pakistan 2021/2022 released on Thursday. The survey stated that Pakistan’s economy has witnessed a V-shaped recovery in 2020-2021 after witnessing a contraction of 0.9 percent in FY2020.…
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SBP’s forex reserves slip 2½-year low to $9.226 billion
KARACHI: The official foreign exchange reserves of the State Bank of Pakistan (SBP) have slipped 2½-year low to $9.226 billion by week ended June 03, 2022, according to official statistics released on Thursday. On weekly basis the official reserves of the central bank fell by $497 million to $9.226 billion by week ended June 03,…
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SBP issues KIBOR rates – June 09, 2022
KARACHI: State Bank of Pakistan (SBP) on Thursday issued the Karachi Interbank Offered Rates (KIBOR) as on June 09, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 13.68 14.18 2 – Week 13.74 14.24 1 – Month 13.94 14.44 3 – Month 14.77 15.02 6 – Month 15.49 15.74 9 – Month 15.50 16.00…
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SBP’s customer forex rates – June 09, 2022
KARACHI: On June 09, 2022, the State Bank of Pakistan (SBP) published the foreign exchange rates for customers based on the weighted average rates of commercial banks.
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