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Tag: SBP

foreign exchange

Pakistan’s forex reserves decline slightly to $16.598 billion: SBP

June 5, 2025June 5, 2025Shahnawaz Akhter

Karachi, June 5, 2025 – Pakistan’s total foreign exchange (forex) reserves declined modestly to $16.598 billion for the week ending May 30, 2025, according to the latest data released by the State Bank of Pakistan (SBP) on Thursday.

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State Bank of Pakistan Report

SBP releases foreign currency rates for June 5, 2025

June 5, 2025June 5, 2025Faisal Shahnawaz

On June 5, 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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State Bank of Pakistan Report

SBP releases foreign currency rates for June 4, 2025

June 4, 2025June 4, 2025Faisal Shahnawaz

On June 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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State Bank of Pakistan Report

SBP releases foreign currency rates for June 3, 2025

June 3, 2025June 3, 2025Faisal Shahnawaz

On June 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.

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state bank of pakistan 03

SBP announces Eid-ul-Adha 2025 bank holiday schedule

June 3, 2025June 3, 2025Faisal Shahnawaz

Karachi, June 3, 2025 — The State Bank of Pakistan (SBP) has officially announced its closure schedule in observance of Eid-ul-Adha, confirming that all banking operations will remain suspended from Friday, June 6 to Monday, June 9, 2025.

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State Bank of Pakistan Report

SBP releases foreign currency rates for June 2, 2025

June 2, 2025June 2, 2025Faisal Shahnawaz

On June 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.

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cryto currency Pakistan

SBP reiterates caution on cryptocurrency amid regulatory vacuum

May 30, 2025May 30, 2025Shahnawaz Akhter

Karachi, May 30, 2025 – The State Bank of Pakistan (SBP) has issued a comprehensive clarification regarding the legal status of cryptocurrency in the country, reiterating its earlier stance on the issue.

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state bank of pakistan 03

SBP issues list of 54 cattle markets for cashless payments

May 30, 2025May 30, 2025Shahnawaz Akhter

Karachi, May 30, 2025 – In a bid to modernize financial transactions and reduce dependency on physical cash during the high-transaction Eid-ul-Adha season, the State Bank of Pakistan (SBP) has unveiled a comprehensive list of designated cattle markets across the country for enabling cashless payments.

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State Bank of Pakistan Report

SBP releases foreign currency rates for May 30, 2025

May 30, 2025May 30, 2025Faisal Shahnawaz

On May 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.

Continue Reading

Cryptocurrency remains illegal in Pakistan: SBP

May 30, 2025May 30, 2025Faisal Shahnawaz

ISLAMABAD: The State Bank of Pakistan (SBP) and the Ministry of Finance officially reiterated on Thursday that cryptocurrency is not legal tender in Pakistan.

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