Today, December 3, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
(more…)Tag: SBP
-
Banks experience over Rs 226 billion withdrawal in October 2024
Karachi, December 3, 2024 – Banks in Pakistan witnessed significant withdrawals in October 2024, as deposits fell by Rs 226.42 billion, according to data released by the State Bank of Pakistan (SBP).
(more…) -
SBP Issues Foreign Exchange Rates for December 2, 2024
Today, December 2, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
(more…) -
FBR Urges SBP to Ensure Tax Payment Saturday Arrangements
Islamabad, November 29, 2024 – The Federal Board of Revenue (FBR) has called on the State Bank of Pakistan (SBP) to make special arrangements for facilitating tax payments on Saturday, November 30, 2024.
(more…) -
SBP Issues Foreign Exchange Rates for November 29, 2024
Today, November 29, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
(more…) -
Pakistan’s Net Forex Reserves Increase by $108 Million
Karachi, November 28, 2024 – Pakistan’s net foreign exchange (forex) reserves have risen by $108 million for the week ending November 22, 2024, according to the State Bank of Pakistan (SBP) report released on Thursday.
(more…) -
SBP Issues Foreign Exchange Rates for November 28, 2024
Today, November 28, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
(more…) -
SBP Directs Banks to Open Saturday for Hajj Application Collection
Karachi, November 28, 2024 – The State Bank of Pakistan (SBP) has announced that branches of designated banks will remain operational over the weekend to facilitate the submission of Hajj applications for 2025. This special arrangement, requested by the Ministry of Religious Affairs and Interfaith Harmony, ensures greater convenience for intending pilgrims.
(more…) -
Private Sector Credit Offtake Reaches Rs 880 Billion This Year
Karachi, November 27, 2024 – Credit offtake by the private sector from Pakistan’s banking system witnessed a remarkable surge, reaching Rs 880 billion during the first four and a half months of the current fiscal year, spanning July 1 to November 15, according to data released by the State Bank of Pakistan (SBP).
(more…) -
SBP Issues Foreign Exchange Rates for November 27, 2024
Today, November 27, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
(more…)