Karachi, Pakistan – The State Bank of Pakistan (SBP) has published the exchange rates for December 10, 2021, providing customers with valuable information based on the weighted average rates of commercial banks.
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SBP’s forex reserves increase to $18.658 billion
KARACHI: The foreign exchange reserves of the State Bank of Pakistan (SBP) have increased to $18.658 billion after a deposit of $3 billion from Saudi Fund for Development (SFD).
READ MORE: Pakistan’s import cover reduces to two months
The SBP on Thursday said during the week ended December 03, 2021a deposit of US$ 3,000.0 million was received from Saudi Fund for Development. After accounting for external debt and other official payments, SBP reserves increased by $2.648 billion to $18.658 billion, the SBP added.
The total foreign exchange reserves of the country have increased by $2.652 billion to $25.151 billion by week ended December 03, 2021. The foreign exchange reserves were at $22.499 billion by week ended November 26, 2021.
The foreign exchange reserves held by commercial banks registered a nominal increase by $4 million to $6.493 billion when compared with $6.489 billion a week ago.
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SBP issues KIBOR rates on December 09, 2021
KARACHI: State Bank of Pakistan (SBP) on Thursday issued the Karachi Interbank Offered Rates (KIBOR) as of December 09, 2021.
Following are the latest KIBOR rates:
Tenor BID OFFER 1 – Week 8.97 9.47 2 – Week 9.09 9.59 1 – Month 9.56 10.06 3 – Month 10.58 10.83 6 – Month 11.28 11.53 9 – Month 11.39 11.89 1 – Year 11.44 11.94 -
SBP governor highlights cybersecurity issues at IFSB
KARACHI: The governor of State Bank of Pakistan (SBP), Dr. Reza Baqir has highlighted issues related to cybersecurity faced by banking system at the Islamic Financial Services Board (IFSB), Malaysia organised the 13th Public Lecture Series on the theme of ‘Sustainability and Cyber Resilience’ on December 8, 2021 in Abu Dhabi, United Arab Emirates.
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Customers’ exchange rates on December 09, 2021
Karachi, Pakistan – The State Bank of Pakistan (SBP) has published the exchange rates for December 09, 2021, providing valuable insights for customers based on the weighted average rates of commercial banks.
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SBP issues KIBOR rates on December 08, 2021
KARACHI: State Bank of Pakistan (SBP) on Wednesday issued the Karachi Interbank Offered Rates (KIBOR) as of December 08, 2021.
Following are the latest KIBOR rates:
Tenor BID OFFER 1 – Week 8.99 9.49 2 – Week 9.11 9.61 1 – Month 9.55 10.05 3 – Month 10.62 10.87 6 – Month 11.30 11.55 9 – Month 11.40 11.90 1 – Year 11.45 11.95 -
Customers’ exchange rates on December 08, 2021
Karachi, Pakistan – The State Bank of Pakistan (SBP) has released the exchange rates for December 08, 2021, offering valuable information based on the weighted average rates of commercial banks.
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SBP issues KIBOR rates on December 07, 2021
KARACHI: State Bank of Pakistan (SBP) on Tuesday issued the Karachi Interbank Offered Rates (KIBOR) as of December 07, 2021.
Following are the latest KIBOR rates:
Tenor BID OFFER 1 – Week 8.96 9.46 2 – Week 9.03 9.53 1 – Month 9.49 9.99 3 – Month 10.56 10.81 6 – Month 11.26 11.51 9 – Month 11.36 11.86 1 – Year 11.42 11.92 -
Customers’ exchange rates on December 07, 2021
The State Bank of Pakistan (SBP) has released the exchange rates for December 07, 2021, offering valuable information based on the weighted average rates of commercial banks.
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SBP issues KIBOR rates on December 06, 2021
KARACHI: State Bank of Pakistan (SBP) on Monday issued the Karachi Interbank Offered Rates (KIBOR) as of December 06, 2021.
Following are the latest KIBOR rates:
Tenor BID OFFER 1 – Week 8.95 9.45 2 – Week 8.99 9.49 1 – Month 9.44 9.94 3 – Month 10.50 10.75 6 – Month 11.25 11.50 9 – Month 11.34 11.84 1 – Year 11.40 11.90