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Tag: SBP

State Bank of Pakistan Report

SBP releases foreign currency rates for July 4, 2025

July 4, 2025July 4, 2025Faisal Shahnawaz

On July 4, 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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Pakistan’s forex reserves cross $18 billion mark amid strong inflows

July 3, 2025July 3, 2025Shahnawaz Akhter

Karachi, July 3, 2025 – Pakistan’s foreign exchange (forex) reserves have surged past the $18 billion mark, signaling renewed confidence in the country’s external position.

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State Bank of Pakistan Report

SBP releases foreign currency rates for July 3, 2025

July 3, 2025July 3, 2025Faisal Shahnawaz

On July 3, 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
foreign exchange

SBP forex reserves surge to $14.51 billion, exceed IMF benchmark

July 2, 2025July 2, 2025Faisal Shahnawaz

KARACHI, July 2, 2025 — In a strong signal of macroeconomic stability, the State Bank of Pakistan (SBP) announced that its foreign exchange (forex) reserves surged to $14.51 billion by the close of fiscal year 2024-25, crossing the target set by the International Monetary Fund (IMF).

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State Bank of Pakistan Report

SBP releases foreign currency rates for July 2, 2025

July 2, 2025July 2, 2025Faisal Shahnawaz

On July 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.

Continue Reading

SBP ends promotion schemes for home remittances

July 1, 2025July 1, 2025Faisal Shahnawaz

Karachi, July 1, 2025 – In a major policy shift, the State Bank of Pakistan (SBP) has announced the discontinuation of existing marketing and promotion schemes related to home remittances, effective from July 1, 2025.

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state bank of pakistan 03

SBP declares bank holidays for Muharram 2025

July 1, 2025July 1, 2025Faisal Shahnawaz

Karachi, July 1, 2025 – The State Bank of Pakistan (SBP) has officially announced bank holidays across the country in observance of Muharram 2025, marking the sacred days of Ashura.

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State Bank of Pakistan Report

SBP releases foreign currency rates for June 30, 2025

June 30, 2025June 30, 2025Faisal Shahnawaz

On June 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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FBR Blue

Audit firms face FBR inspection over dubious tax certification

June 29, 2025June 29, 2025Shahnawaz Akhter

Karachi, June 29, 2025 – In a landmark move, the Federal Board of Revenue (FBR) will now subject audit firms to official inspection in cases involving questionable tax certifications. This significant development comes through the Finance Act, 2025, which aims to hold not just taxpayers, but also their auditors, accountable for misrepresentations in sales tax […]

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State Bank of Pakistan Report

SBP releases foreign currency rates for June 27, 2025

June 27, 2025June 27, 2025Faisal Shahnawaz

On June 27, 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

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