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Tag: SBP

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Pakistan’s forex reserves cross $20 billion after three-year gap

July 10, 2025July 10, 2025Faisal Shahnawaz

Karachi, July 10, 2025 – Pakistan’s foreign exchange (forex) reserves have surged past the $20 billion threshold for the first time in over three years, marking a significant milestone in the country’s economic recovery.

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State Bank of Pakistan Report

SBP releases foreign currency rates for July 10, 2025

July 10, 2025July 10, 2025Faisal Shahnawaz

On July 10, 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 report on banking sector

SBP appoints primary dealers for FY2025–26

July 9, 2025July 9, 2025Faisal Shahnawaz

Karachi, July 9, 2025 – The State Bank of Pakistan (SBP) has officially announced the appointment of primary dealers for the fiscal year 2025–26, in line with its framework for managing government securities.

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Pakistan receives all-time high $38.3 billion in remittances

July 9, 2025July 9, 2025Shahnawaz Akhter

Karachi, July 9, 2025 – Pakistan has achieved a major milestone by receiving an all-time high of $38.3 billion in remittances during the fiscal year 2024–25, according to data released by the State Bank of Pakistan (SBP) on Wednesday.

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State Bank of Pakistan Report

SBP releases foreign currency rates for July 9, 2025

July 9, 2025July 9, 2025Faisal Shahnawaz

On July 9, 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.

Continue Reading
State Bank of Pakistan Report

SBP releases foreign currency rates for July 8, 2025

July 8, 2025July 8, 2025Faisal Shahnawaz

On July 8, 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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Govt eyes Rs5.57 trillion borrowing via Q1 auctions

July 8, 2025July 8, 2025Shahnawaz Akhter

Karachi, July 8, 2025 – The federal government is set to raise a record Rs5.57 trillion through borrowing via auctions of government securities during the first quarter (July–September) of the fiscal year 2025-26, as part of its ongoing efforts to manage the budget deficit and fund public expenditure.

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SBP vows reforms to boost sustainable growth

July 7, 2025July 7, 2025Faisal Shahnawaz

Karachi, July 7, 2025 — The State Bank of Pakistan (SBP) has reaffirmed its commitment to structural reforms aimed at promoting long-term, inclusive economic growth, with a renewed focus on empowering women entrepreneurs. Speaking at the launch ceremony of the Women Entrepreneurs Finance Code in Karachi, SBP Governor Jameel Ahmad emphasized that the central bank […]

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State Bank of Pakistan Report

SBP releases foreign currency rates for July 7, 2025

July 7, 2025July 7, 2025Faisal Shahnawaz

On July 7, 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.

Continue Reading
state bank of pakistan 03

How Many Mobile Phone Banking Users Are in Pakistan?

July 5, 2025July 5, 2025Hamza Shahnawaz

Karachi, July 5, 2025 – Have you ever wondered how many people in Pakistan are now using their phones to manage their money? The State Bank of Pakistan (SBP) has just released eye-opening figures that highlight a massive shift toward digital banking — especially through mobile devices.

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  • Swiatek, Rybakina storm into French Open second round as Wawrinka, Monfils bid farewell
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