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Tag: SBP

State Bank of Pakistan Report

SBP Releases Customer Exchange Rates – July 31, 2025

July 31, 2025July 31, 2025Faisal Shahnawaz

Karachi, July 31, 2025 – The State Bank of Pakistan (SBP) has issued the latest weighted average customer exchange rates for Thursday, July 31, 2025. These exchange rates reflect the average buying and selling rates quoted by commercial banks for foreign currency transactions with their customers.

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SBP report on banking sector

SBP issues regulatory framework for bank recovery planning

July 30, 2025July 30, 2025Shahnawaz Akhter

Karachi, July 30, 2025 – The State Bank of Pakistan (SBP) has issued a comprehensive regulatory framework to guide banks in developing robust recovery planning mechanisms aimed at safeguarding financial stability during periods of distress.

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Jazz

JazzCash Makes Biometric Verification Mandatory for Transactions

July 30, 2025July 30, 2025Hamza Shahnawaz

JazzCash has implemented a new regulation requiring biometric verification for all cash deposit and withdrawal transactions conducted through agents.

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State Bank of Pakistan Report

SBP Issues Customer Exchange Rates for July 30, 2025

July 30, 2025July 30, 2025Faisal Shahnawaz

Karachi, July 30, 2025 – The State Bank of Pakistan (SBP) on Wednesday released the weighted average customer exchange rates for July 30, 2025. These rates are provided for informational purposes and reflect the buying and selling exchange rates quoted by commercial banks to their customers for various foreign currencies.

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SBP maintains 11% policy rate amid inflation concerns

July 30, 2025July 30, 2025Shahnawaz Akhter

Karachi, July 30, 2025 – The State Bank of Pakistan (SBP) has decided to keep the benchmark policy rate unchanged at 11%, citing mounting inflation risks and a shifting macroeconomic landscape.

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State Bank of Pakistan Report

SBP Issues Customer Exchange Rates for July 29, 2025

July 29, 2025July 29, 2025Faisal Shahnawaz

Karachi, July 29, 2025 – The State Bank of Pakistan (SBP) has officially released the Weighted Average Customer Exchange Rates for Tuesday, July 29, 2025.

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State Bank of Pakistan Report

SBP issues customer exchange rates for July 28, 2025

July 28, 2025July 28, 2025Faisal Shahnawaz

Karachi, July 28, 2025 – The State Bank of Pakistan (SBP) has issued the daily weighted average exchange rates for customer transactions on Monday, July 28, 2025.

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SBP directs banks to open accounts within two days

July 25, 2025July 25, 2025Shahnawaz Akhter

Karachi, July 25, 2025 – The State Bank of Pakistan (SBP) has issued comprehensive instructions to banks and regulated entities (REs), mandating that the account opening process for the general public be completed within two working days.

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SBP report on banking sector

SBP likely to cut policy rate to 10.5% on July 30

July 25, 2025July 25, 2025Shahnawaz Akhter

Karachi, July 25, 2025 – The State Bank of Pakistan (SBP) is expected to reduce the policy rate by 50 basis points to 10.5% in its upcoming monetary policy announcement on July 30, 2025.

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State Bank of Pakistan Report

SBP Releases Average Exchange Rates for July 25, 2025

July 25, 2025July 25, 2025Faisal Shahnawaz

Karachi, July 25, 2025 – The State Bank of Pakistan (SBP) has officially released the average exchange rates for major foreign currencies as of July 25, 2025.

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