On May 2, 2025, the State Bank of Pakistan (SBP) announced the official foreign exchange rates for customers. These rates, based on the weighted averages of commercial banks, act as a key reference for cross-border transactions, facilitating international trade and commerce.
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SBP releases foreign currency rates for April 30, 2025
On April 30, 2025, the State Bank of Pakistan (SBP) announced the official foreign exchange rates for customers. These rates, based on the weighted averages of commercial banks, act as a key reference for cross-border transactions, facilitating international trade and commerce.
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SBP questions FBR performance as sales tax ATL shrinks
Karachi, April 30, 2025 – The State Bank of Pakistan (SBP) has expressed concern over the performance of the Federal Board of Revenue (FBR), particularly in relation to the declining number of sales tax filers on the Active Taxpayers List (ATL).
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SBP to announce monetary policy on May 5, 2025
Karachi, April 30, 2025 – The State Bank of Pakistan (SBP) has officially scheduled the announcement of its next monetary policy statement for Monday, May 5, 2025.
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Higher property taxes slow housing loan demand: SBP Report
Karachi, April 30, 2025 – The State Bank of Pakistan (SBP) has revealed that increased taxation on property transactions has significantly impacted housing finance, dampening the demand for home-building loans despite a reduction in borrowing costs.
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SBP releases foreign currency rates for April 29, 2025
On April 29, 2025, the State Bank of Pakistan (SBP) announced the official foreign exchange rates for customers. These rates, based on the weighted averages of commercial banks, act as a key reference for cross-border transactions, facilitating international trade and commerce.
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SBP declares bank holiday on May 1, 2025 for Labor Day
KARACHI, April 29, 2025 — The State Bank of Pakistan (SBP) has officially announced a public holiday on Thursday, May 1, 2025, in observance of Labor Day.
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SBP expected to trim policy rate on May 5, 2025
KARACHI, April 29, 2025 – The State Bank of Pakistan (SBP) is widely expected to lower its benchmark policy rate by 50 basis points, bringing it down to 11.5% during its next monetary policy announcement scheduled for May 5.
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SBP advocates reducing tax burden on salaried individuals
KARACHI, April 29, 2025 — The State Bank of Pakistan (SBP) has strongly recommended that the government prioritize policies aimed at broadening the tax base and reducing the tax burden on salaried individuals and other documented sectors of the economy.
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Refining tax policy essential to reducing cash circulation: SBP
Karachi, April 28, 2025 — The State Bank of Pakistan (SBP) has emphasized the urgent need to refine tax policy to avoid unintended consequences that fuel higher cash circulation (CiC) in the economy.
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