Karachi, December 27, 2024 – The State Bank of Pakistan (SBP) has introduced a fresh regulatory framework for exchange companies to strengthen governance and streamline operations.
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Bank Holiday Declared in Pakistan on New Year
Karachi, December 27, 2024 – The State Bank of Pakistan (SBP) has officially declared a bank holiday across the country to mark the beginning of the New Year 2025. This announcement was made on Friday, bringing clarity to banking operations for the first day of the upcoming year.
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SBP Issues Foreign Exchange Rates for December 27, 2024
Today, December 27, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
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Pakistan’s Forex Reserves Dip by $262M Due to Debt Servicing
Karachi, December 26, 2024 – Pakistan’s net foreign exchange (forex) reserves have witnessed a significant decline of $262 million within a week, according to the State Bank of Pakistan (SBP). The country’s overall forex reserves stood at $16.371 billion as of December 20, 2024, compared to $16.633 billion recorded a week earlier, on December 13, 2024.
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SBP Issues Foreign Exchange Rates for December 26, 2024
Today, December 26, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
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SBP Issues Foreign Exchange Rates for December 24, 2024
Today, December 24, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
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Bank Holiday Notice for December 25, 2024
Karachi, December 24, 2024 – The State Bank of Pakistan (SBP) has officially issued a bank holiday notice for December 25, 2024. The announcement confirms that all banks across the country, including the central bank, will remain closed on this date in observance of two significant national and religious occasions: Quaid-e-Azam Day and Christmas.
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SBP Issues Foreign Exchange Rates for December 23, 2024
Today, December 23, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
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Banks Push Rs 1.35 Trillion Loans Amid ADR Crisis
Karachi, December 22, 2024 – Banks have extended loans to private sector amounting Rs 1.35 trillion during the period between July 1, 2024 to December 6, 2024 in desperation to meet Asset to Deposit Ratio (ADR).
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SBP Declares Bank Holiday for Quaid-e-Azam Day and Christmas
Karachi, December 21, 2024 – The State Bank of Pakistan (SBP) has officially declared a bank holiday on Wednesday, December 25, 2024, to observe Quaid-e-Azam Day and Christmas, in line with the public holiday declaration made by the Government of Pakistan.
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