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Tag: SBP

foreign exchange

Pakistan’s weekly forex reserves stand at $16.637 billion: SBP

May 29, 2025May 29, 2025Shahnawaz Akhter

Karachi, May 29, 2025 – Pakistan’s total net foreign exchange (forex) reserves recorded a slight decrease during the week ended May 23, 2025, according to the latest data released by the State Bank of Pakistan (SBP). The net forex reserves fell by $12 million, settling at $16.637 billion, compared to $16.647 billion reported a week […]

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State Bank of Pakistan Report

SBP releases foreign currency rates for May 29, 2025

May 29, 2025May 29, 2025Faisal Shahnawaz

On May 29, 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 May 27, 2025

May 27, 2025May 13, 2026Faisal Shahnawaz

On May 27, 2025, the State Bank of Pakistan (SBP) announced the official foreign currency 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 May 26, 2025

May 26, 2025May 26, 2025Faisal Shahnawaz

On May 26, 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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IMF imposes stringent exchange rate reporting conditions on SBP

May 25, 2025May 25, 2025Shahnawaz Akhter

Karachi, May 25, 2025 – The International Monetary Fund (IMF) has imposed rigorous new conditions on the State Bank of Pakistan (SBP) regarding the provision of foreign exchange data, as part of Pakistan’s commitments under the Extended Fund Facility (EFF).

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State Bank of Pakistan Report

SBP releases foreign currency rates for May 23, 2025

May 23, 2025May 23, 2025Faisal Shahnawaz

On May 23, 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 declares May 28, 2025, as bank holiday for Youm-e-Takbeer

May 23, 2025May 23, 2025Shahnawaz Akhter

Karachi, May 23, 2025 – The State Bank of Pakistan (SBP) has officially announced that all banks across the country will remain closed on Wednesday, May 28, 2025, in observance of Youm-e-Takbeer.

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foreign exchange

Pakistan’s forex reserves climb to $16.65 billion with IMF inflows

May 22, 2025May 22, 2025Shahnawaz Akhter

Karachi, May 22, 2025 — Pakistan’s foreign exchange (forex) reserves have witnessed a significant increase, reaching $16.65 billion, fueled by the latest inflows from the International Monetary Fund (IMF).

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State Bank of Pakistan Report

SBP releases foreign currency rates for May 22, 2025

May 22, 2025May 22, 2025Faisal Shahnawaz

On May 22, 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 May 21, 2025

May 21, 2025May 21, 2025Faisal Shahnawaz

On May 21, 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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  • CDNS increases profit rates on National Savings, Sarwa Islamic schemes
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