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 08, 2022
KARACHI: State Bank of Pakistan (SBP) on Wednesday issued the Karachi Interbank Offered Rates (KIBOR) as on June 8, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 13.68 14.18 2 – Week 13.75 14.25 1 – Month 13.92 14.42 3 – Month 14.77 15.02 6 – Month 15.43 15.68 9 – Month 15.41 15.91…
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SBP lifts quarantine requirement for banknotes
KARACHI: State Bank of Pakistan (SBP) on Wednesday lifted the requirement of quarantine on banknotes, which was imposed to contain the spread of coronavirus pandemic. The central bank through past letters, advised banks to disinfect, seal and quarantine cash collected from its counters for fourteen (14) days or process such banknotes through Pakistan Council of…
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SBP’s customer forex rates – June 08, 2022
KARACHI: The State Bank of Pakistan (SBP) published the foreign exchange rates for customers on June 08, 2022, based on the weighted average rates of commercial banks.
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SBP issues KIBOR rates – June 07, 2022
KARACHI: State Bank of Pakistan (SBP) on Tuesday issued the Karachi Interbank Offered Rates (KIBOR) as on June 07, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 13.71 14.21 2 – Week 13.76 14.26 1 – Month 13.89 14.39 3 – Month 14.75 15.00 6 – Month 15.13 15.38 9 – Month 15.19 15.69…
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SBP’s customer forex rates – June 07, 2022
KARACHI: The State Bank of Pakistan (SBP) released the foreign exchange rates for customers on June 07, 2022.
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SBP issues KIBOR rates – June 06, 2022
KARACHI: State Bank of Pakistan (SBP) on Monday issued the Karachi Interbank Offered Rates (KIBOR) as on June 06, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 13.73 14.23 2 – Week 13.79 14.29 1 – Month 13.92 14.42 3 – Month 14.74 14.99 6 – Month 15.07 15.32 9 – Month 15.13 15.63…
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No plan to freeze foreign currency accounts: SBP
KARACHI: The State Bank of Pakistan (SBP) on Monday rejected rumors related to freezing foreign currency accounts. The SBP in a statement said the government of Pakistan and the State Bank assure all account holders maintaining Foreign Currency Accounts (FCA), Roshan Digital Accounts (RDA) and Safety Deposit Lockers in banks in Pakistan that their accounts…
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SBP’s customer forex rates – June 06, 2022
KARACHI: The State Bank of Pakistan (SBP) has published the foreign exchange rates for customers on June 06, 2022.
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SBP issues instructions on Hajj related outward remittances
KARACHI: State Bank of Pakistan (SBP) has issued instructions to banks related to issuance of remittances for Hajj expanses and their repatriation on non-utilization. The SBP issued a circular dated June 03, 2022 invited attention of banks to Para 45A, Chapter 17 of Foreign Exchange Manual in terms of which Authorized Dealers are allowed to…
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SBP issues KIBOR rates – June 03, 2022
KARACHI: State Bank of Pakistan (SBP) on Friday issued the Karachi Interbank Offered Rates (KIBOR) as on June 03, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 13.76 14.26 2 – Week 13.81 14.31 1 – Month 13.91 14.41 3 – Month 14.77 15.02 6 – Month 14.99 15.24 9 – Month 15.08 15.58…
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