Tag: SBP
Stay informed with SBP announcements, interest rates, banking policies, exchange rates, financial regulations, and economic updates.
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Pakistan’s forex reserves dip to $16.55 billion
KARACHI: Pakistan’s foreign exchange reserves fell by $115 million to $16.553 billion by week ended April 30, 2022, according to data released by the State Bank of Pakistan (SBP) on Friday. The foreign exchange reserves of the country were $16.668 billion a week ago i.e. April 30, 2022. READ MORE: SBP forex reserves shrink to…
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SBP issues KIBOR rates – May 06, 2022
KARACHI: State Bank of Pakistan (SBP) on Friday issued the Karachi Interbank Offered Rates (KIBOR) as on May 06, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 12.27 12.77 2 – Week 12.35 12.85 1 – Month 12.78 13.28 3 – Month 14.42 14.67 6 – Month 14.62 14.87 9 – Month 14.59 15.09…
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SBP’s customer exchange rates – May 06, 2022
KARACHI, May 06, 2022 – The State Bank of Pakistan (SBP) has issued the official exchange rates for customers on Friday, May 06, 2022.
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Dr. Murtaza assumes acting SBP governor charge
KARACHI: Dr. Murtaza Syed, being the most senior deputy governor, has assumed the charge of acting governor of the State Bank of Pakistan (SBP), a statement said on Thursday. Dr. Murtaza assumed the charge with effect from May 5, 2022. It may be mentioned here that the term of Dr. Reza Baqir (former Governor SBP)…
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Murtaza Syed takes over SBP governor charge
KARACHI: Dr. Murtaza Syed, most senior deputy governor of the State Bank of Pakistan (SBP), has taken over the charge as governor of the central bank. Dr. Murtaza Syed takes over the charge after Dr. Reza Baqir completed his three-year tenure as the governor of the SBP. READ MORE: Banks to remain closed during May…
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SBP issues KIBOR rates – April 30, 2022
The State Bank of Pakistan (SBP) on Saturday released the latest Karachi Interbank Offered Rates (KIBOR) as of April 30, 2022. KIBOR is a benchmark rate for lending and borrowing between banks, influencing a wide range of financial products and transactions in the market.
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SBP’s customer exchange rates – April 30, 2022
KARACHI, April 30, 2022 – The State Bank of Pakistan (SBP) has issued the official exchange rates for customers on Saturday, April 30, 2022.
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Banks to remain closed during May 2 – 5, 2022
KARACHI: All banks and financial institute will remain closed during holidays announced by federal government for Eid-ul-Fitr. A statement of the State Bank of Pakistan (SBP) said that it will remain closed from May 02 to May 05, 2022 (Monday to Thursday) on the occasion of Eid-ul-Fitr. The SBP also informed about the holidays to…
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SBP issues KIBOR rates – April 29, 2022
KARACHI: The State Bank of Pakistan (SBP) released the latest Karachi Interbank Offered Rates (KIBOR) for April 29, 2022, on Friday.
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SBP’s customer exchange rates – April 29, 2022
KARACHI, April 29, 2022 – The State Bank of Pakistan (SBP) has issued the official exchange rates for customers on Friday, April 29, 2022.
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