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 on February 25, 2022
KARACHI: State Bank of Pakistan (SBP) on Friday issued the Karachi Interbank Offered Rates (KIBOR) as of February 25, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 9.73 10.23 2 – Week 9.78 10.28 1 – Month 9.89 10.39 3 – Month 10.35 10.60 6 – Month 10.77 11.02 9 – Month 10.82 11.32…
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Customers’ exchange rates on February 25, 2022
KARACHI: The State Bank of Pakistan (SBP) on Friday issued customers’ exchange rates for February 25, 2022. The exchange rate is on the basis of weighted average rates of commercial banks. The SBP said the data is compiled and disseminated for information only. These exchange rates are estimates that quoted by various commercial banks to their clients. The banks provide their indicative exchange rates for commercial transactions with customers. CURRENCY BUYING SELLING AED…
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Current account deficit widens to $11.58 bn in 7MFY22
KARACHI: The current account deficit of the country widened to staggering $11.58 billion during the first seven months (July – January) 2021/2022 as compared with a surplus of $1.03 in the corresponding period of the last fiscal year, according to data released by the State Bank of Pakistan (SBP) on Thursday. READ MORE: Pakistan’s current…
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Pakistan’s foreign exchange reserves dip to $23.226 bn
KARACHI: The liquid foreign exchange reserves of Pakistan declined by $264 million to $23.226 billion by week ended February 18, 2022, State Bank of Pakistan (SBP) said on Thursday. The foreign exchange reserves of the country were $23.49 billion by week ended February 11, 2022. The official reserves of the State Bank fell by $289…
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SBP issues KIBOR rates on February 24, 2022
KARACHI: State Bank of Pakistan (SBP) on Thursday issued the Karachi Interbank Offered Rates (KIBOR) as of February 24, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 9.71 10.21 2 – Week 9.78 10.28 1 – Month 9.87 10.37 3 – Month 10.35 10.60 6 – Month 10.74 10.99 9 – Month 10.79 11.29…
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Customers’ exchange rates on February 24, 2022
Karachi, February 24, 2022: The State Bank of Pakistan (SBP) has issued the official exchange rates for February 24, 2022, offering insights into currency values against the Pakistani Rupee.
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SBP issues KIBOR rates on February 23, 2022
KARACHI: State Bank of Pakistan (SBP) on Wednesday issued the Karachi Interbank Offered Rates (KIBOR) as of February 23, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 9.74 10.24 2 – Week 9.79 10.29 1 – Month 9.89 10.39 3 – Month 10.23 10.48 6 – Month 10.60 10.85 9 – Month 10.67 11.17…
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Customers’ exchange rates on February 23, 2022
Karachi, February 23, 2022: The State Bank of Pakistan (SBP) has published the official exchange rates for February 23, 2022, shedding light on the currency values against the Pakistani Rupee.
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SBP launches electronic warehouse receipt financing
KARACHI: Dr. Reza Baqir, Governor State Bank of Pakistan (SBP), launched Electronic Warehouse Receipt Financing (EWRF) for Maize Crop on Tuesday at an event in Habibabad, District Kasur. During the event banks signed an agreement with a collateral management company to start operations under this newly developed system. READ MORE: SBP expands export finance scheme…
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SBP issues KIBOR rates on February 22, 2022
KARACHI: State Bank of Pakistan (SBP) on Tuesday issued the Karachi Interbank Offered Rates (KIBOR) as of February 22, 2022.
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