KARACHI: State Bank of Pakistan (SBP) on Friday issued following Karachi Interbank Offered Rates (KIBOR) on July 02, 2021.
| Tenor | BID | OFFER |
| 1 – Week | 6.91 | 7.41 |
| 2 – Week | 6.95 | 7.45 |
| 1 – Month | 7.01 | 7.51 |
| 3 – Month | 7.20 | 7.45 |
| 6 – Month | 7.42 | 7.67 |
| 9 – Month | 7.51 | 8.01 |
| 1 – Year | 7.57 | 8.07 |
Islamabad, July 2, 2021 – The State Bank of Pakistan (SBP) has officially released the exchange rates for various currencies on July 2, 2021, providing a reference for banks and financial institutions for customer transactions. These rates serve as a benchmark for buying and selling different foreign currencies against the Pakistani Rupee (PKR).
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The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for various tenors on June 30, 2021.
(more…)KARACHI: The State Bank of Pakistan (SBP) on Wednesday issued customers’ exchange rates on the basis of weighted average rates of commercial banks.
The SBP said that the data is compiled and disseminated for information only. These Exchange Rates are an estimate of the Exchange Rates quoted by various Commercial Banks to their clients.
They are compiled from the Exchange Rate sheets issued daily by various Commercial Banks providing their indicative Exchange Rates for commercial transactions with customers.
| CURRENCY | BUYING | SELLING |
| AED | 42.8161 | 42.9103 |
| AUD | 118.1931 | 118.4502 |
| CAD | 126.8434 | 127.1192 |
| CHF | 170.5525 | 170.9182 |
| CNY | 24.3727 | 24.4233 |
| EUR | 187.0357 | 187.4509 |
| GBP | 217.6191 | 218.1011 |
| JPY | 1.4221 | 1.4253 |
| SAR | 41.9074 | 41.9981 |
| USD | 157.1288 | 157.4921 |
KARACHI: State Bank of Pakistan (SBP) on Tuesday issued following Karachi Interbank Offered Rates (KIBOR) on June 29, 2021.
| Tenor | BID | OFFER |
| 1 – Week | 6.89 | 7.39 |
| 2 – Week | 6.94 | 7.44 |
| 1 – Month | 7.01 | 7.51 |
| 3 – Month | 7.20 | 7.45 |
| 6 – Month | 7.43 | 7.68 |
| 9 – Month | 7.50 | 8.00 |
| 1 – Year | 7.57 | 8.07 |
KARACHI: The State Bank of Pakistan (SBP) on Tuesday issued customers’ exchange rates on the basis of weighted average rates of commercial banks.
The SBP said that the data is compiled and disseminated for information only. These Exchange Rates are an estimate of the Exchange Rates quoted by various Commercial Banks to their clients.
They are compiled from the Exchange Rate sheets issued daily by various Commercial Banks providing their indicative Exchange Rates for commercial transactions with customers.
| CURRENCY | BUYING | SELLING |
| AED | 43.0956 | 43.1891 |
| AUD | 119.5800 | 119.8363 |
| CAD | 128.1818 | 128.4549 |
| CHF | 171.9564 | 172.3258 |
| CNY | 24.5207 | 24.5713 |
| EUR | 188.5228 | 188.9393 |
| GBP | 219.3855 | 219.8765 |
| JPY | 1.4301 | 1.4333 |
| SAR | 42.1791 | 42.2707 |
| USD | 158.1534 | 158.5167 |
KARACHI: The State Bank of Pakistan (SBP) on Monday said that in order to facilitate the collection of duty and taxes, the banks will observe extended hours on June 30, 2021.
The government receipts / duties / taxes, it has been decided that the field offices of SBP Banking Services Corporation (SBP‐BSC) and authorized branches of National Bank of Pakistan (NBP) will observe extended banking hours till 8:00 P.M. on June 30, 2021 (Wednesday) for which purpose a special clearing has been arranged at 8:00 P.M. on the same day by the NIFT.
All banks are, therefore, advised to keep their concerned branches open on June 30, 2021 (Wednesday) till such time that is necessary to facilitate the special clearing for Government transactions by the NIFT.
KARACHI: State Bank of Pakistan (SBP) on Monday issued following Karachi Interbank Offered Rates (KIBOR) on June 28, 2021.
| Tenor | BID | OFFER |
| 1 – Week | 6.91 | 7.41 |
| 2 – Week | 6.95 | 7.45 |
| 1 – Month | 7.01 | 7.51 |
| 3 – Month | 7.20 | 7.45 |
| 6 – Month | 7.43 | 7.68 |
| 9 – Month | 7.50 | 8.00 |
| 1 – Year | 7.56 | 8.06 |
KARACHI: The State Bank of Pakistan (SBP) on Monday issued key details of banking infrastructure in the country as on March 31, 2021.
According to the details total 44 banks are operating in the country with 16,223 branches country-wide.
Commercial and specialized bank branches are 15,015. While Microfinance branches are 1,208.
Number of Real Time Online Branches (RTOBs) is 16,081.
Number of banks having ATM machines is 35.
Number of banks having open-looped POS machines is 5.
Number of banks having closed-looped POS machines is 4.
There are 27 banks providing Internet banking services in the country. Same number of banks is providing Mobile Phone Banking services.
Around 23 banks are providing Call Center Banking services.
Total Number of PRISM System Participants is 50.
Total number of ATMs Interoperable Switches is one.
Total number of Cash & Cheque Deposits Machines (CDMs) is 224.
Total number of Cash Deposits Machines with Cash Withdrawal facility is 20.
Multipurpose ATMs (With Cash & Cheque Deposit & Cash Withdrawal) is 35.
KARACHI: The State Bank of Pakistan (SBP) on Monday announced bank holiday on July 01, 2021 as all banks shall remained closed for public dealing.
According to a circular issued, the SBP will remained closed for public dealing on Thursday July 01, 2021 which shall be observed as bank holiday enabling bank to close its accounts.
All banks / Development Financial Institutions (DFIs)/ Microfinance Banks (MFBs) shall, therefore, remain closed for public dealing on the aforementioned date.
However, employees of the banks / DFIs / MFBs will attend the office as usual.