Tag: SBP
Stay informed with SBP announcements, interest rates, banking policies, exchange rates, financial regulations, and economic updates.
-
Customers’ exchange rates on February 17, 2022
Karachi, February 17, 2022: The State Bank of Pakistan (SBP) has issued the official exchange rates for February 17, 2022, offering crucial information on currency values against the Pakistani Rupee.
Written by
-
SBP expands export finance scheme to improve inflows
KARACHI: The State Bank of Pakistan (SBP) on Wednesday expanded the export finance scheme (EFS) to facilitate exporters and encourage timely foreign inflows. The central bank said that it had enhanced the scope of EFS with a to further facilitate exporters and encourage timely inflow of export proceeds. READ MORE: Remittances increase to record $18…
Written by
-
SBP issues KIBOR rates on February 16, 2022
KARACHI: State Bank of Pakistan (SBP) on Wednesday issued the Karachi Interbank Offered Rates (KIBOR) as of February 16, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 9.78 10.28 2 – Week 9.82 10.32 1 – Month 9.87 10.37 3 – Month 10.20 10.45 6 – Month 10.56 10.81 9 – Month 10.64 11.14…
Written by
-
Customers’ exchange rates on February 16, 2022
KARACHI: The State Bank of Pakistan (SBP) on Wednesday issued customers’ exchange rates for February 16, 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…
Written by
-
SBP enhances agriculture credit limits
KARACHI: The State Bank of Pakistan (SBP) on Wednesday enhanced the indicative credit limits for agriculture financing by banks to farmers to align the amount of financing with agriculture input requirements. READ MORE: SBP imposes Rs1.45 billion penalty on 18 banks in 2021 The enhanced indicative credit limits for production and development loans of farm…
Written by
-
PM Imran launches 2nd phase of Raast payment system
KARACHI: Prime Minister Imran Khan on Tuesday launched the second phase of Raast, a Person-to-Person (P2P) instant payment system, in a ceremony held in Islamabad, the State Bank of Pakistan (SBP) said in a statement.
Written by
-
SBP issues KIBOR rates on February 15, 2022
KARACHI: State Bank of Pakistan (SBP) on Tuesday issued the Karachi Interbank Offered Rates (KIBOR) as of February 15, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 9.76 10.26 2 – Week 9.80 10.30 1 – Month 9.86 10.36 3 – Month 10.19 10.44 6 – Month 10.55 10.80 9 – Month 10.63 11.13…
Written by
-
Customers’ exchange rates on February 15, 2022
Karachi, February 15, 2022 – The State Bank of Pakistan (SBP) has published the latest exchange rates for various foreign currencies against the Pakistani Rupee (PKR) on Tuesday, February 15, 2022.
Written by
-
SBP issues KIBOR rates on February 14, 2022
KARACHI: State Bank of Pakistan (SBP) on Monday issued the Karachi Interbank Offered Rates (KIBOR) as of February 14, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 9.76 10.26 2 – Week 9.79 10.29 1 – Month 9.86 10.36 3 – Month 10.18 10.43 6 – Month 10.54 10.79 9 – Month 10.63 11.13…
Written by
-
Customers’ exchange rates on February 14, 2022
KARACHI: The State Bank of Pakistan (SBP) on Monday issued customers’ exchange rates for February 14, 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…
Written by