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 – April 15, 2022
KARACHI: State Bank of Pakistan (SBP) on Friday issued the Karachi Interbank Offered Rates (KIBOR) as on April 15, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 12.22 12.72 2 – Week 12.26 12.76 1 – Month 12.30 12.80 3 – Month 12.49 12.74 6 – Month 12.92 13.17 9 – Month 12.90 13.40…
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SBP’s customer exchange rates – April 15, 2022
KARACHI, April 15, 2022 – The State Bank of Pakistan (SBP) has issued the official exchange rates for customers on Friday, April 15, 2022.
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Pakistan receives highest ever monthly remittances
KARACHI: Overseas Pakistanis workers have sent $2.8 billion during March 2022, which is the highest ever monthly remittances received, the State Bank of Pakistan (SBP) said on Thursday. “With $2.8 billion of inflows during March 2022, workers’ remittances continued their unprecedented run of remaining above $2 billion since June 2020. This is the highest ever…
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Pakistan’s forex reserves deplete to $17.03 billion
KARACHI: Pakistan’s total foreign exchange reserves fell by $447 million to $17.03 billion by week ended April 08, 2022, State Bank of Pakistan (SBP) said on Thursday. The foreign exchange reserves of the country were $17.477 billion a week ago i.e. April 01, 2022. READ MORE: Pakistan’s foreign exchange reserves shrink to $17.48 bn The…
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Banks approve Rs180 bn for low-cost housing loans
KARACHI: Banks have approved Rs180 billion as loan for low cost housing, the State Bank of Pakistan (SBP) said on Thursday. The SBP said building upon current momentum, banks have shown strong progress in approving and disbursing the financing under Mera Pakistan Mera Ghar Scheme against the manifold increase in applications by borrowers to avail…
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SBP issues KIBOR rates – April 14, 2022
KARACHI: State Bank of Pakistan (SBP) on Thursday issued the Karachi Interbank Offered Rates (KIBOR) as on April 14, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 12.23 12.73 2 – Week 12.26 12.76 1 – Month 12.31 12.81 3 – Month 12.46 12.71 6 – Month 12.86 13.11 9 – Month 12.87 13.37…
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SBP’s customer exchange rates – April 14, 2022
KARACHI, April 14, 2022 – The State Bank of Pakistan (SBP) has released the official exchange rates for customers on Thursday, April 14, 2022.
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SBP enhances transaction limits for Asaan accounts
KARACHI: The State Bank of Pakistan (SBP) on Wednesday enhanced transaction limits for Assan accounts to further expand outreach of low risk accounts. As per the new limits for Assan Account, total debit per month shall be Rs 1 million and total credit balance limit has also been increased to Rs1 million. Previously this limit…
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SBP issues KIBOR rates – April 13, 2022
KARACHI: State Bank of Pakistan (SBP) on Wednesday issued the Karachi Interbank Offered Rates (KIBOR) as on April 13, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 12.23 12.73 2 – Week 12.26 12.76 1 – Month 12.31 12.81 3 – Month 12.40 12.65 6 – Month 12.78 13.03 9 – Month 12.83 13.33…
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SBP’s customer exchange rates – April 13, 2022
KARACHI, April 13, 2022 – The State Bank of Pakistan (SBP) has released the official exchange rates for customers on Wednesday, April 13, 2022.
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