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Tag: SBP

Retail Payments Quarterly Crosses 2-Billion Mark First Time: SBP

March 28, 2025March 28, 2025Shahnawaz Akhter

Islamabad, March 28, 2025 – The State Bank of Pakistan (SBP) has announced a significant milestone in Pakistan’s financial sector, as the number of retail payments processed in a single quarter has exceeded 2 billion transactions for the first time.

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state bank of pakistan 03

SBP Directs Banks to Facilitate Taxpayers With Extra Hours

March 27, 2025March 27, 2025Shahnawaz Akhter

Karachi, March 27, 2025 – The State Bank of Pakistan (SBP) has instructed all commercial banks to extend their working hours on March 29, 2025, to facilitate taxpayers in making duty and tax payments efficiently.

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foreign exchange

Pakistan’s Foreign Exchange Reserves Drop by $465 Million: SBP

March 27, 2025March 27, 2025Shahnawaz Akhter

Karachi, March 27, 2025 – Pakistan’s net foreign exchange reserves have dropped by $465 million within a week, as per the latest data released by the State Bank of Pakistan (SBP) on Thursday.

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State Bank of Pakistan Report

SBP Releases Forex Rates in PKR for March 27, 2025

March 27, 2025March 27, 2025Faisal Shahnawaz

On March 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.

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State Bank of Pakistan Report

SBP Releases Forex Rates in PKR for March 26, 2025

March 26, 2025March 26, 2025Faisal Shahnawaz

On March 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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State Bank of Pakistan Report

SBP Releases Forex Rates in PKR for March 25, 2025

March 25, 2025March 25, 2025Faisal Shahnawaz

On March 25, 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 Forex Rates in PKR for March 24, 2025

March 24, 2025March 24, 2025Faisal Shahnawaz

On March 24, 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 Forex Rates in PKR for March 21, 2025

March 21, 2025March 21, 2025Faisal Shahnawaz

On March 20, 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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SBP report on banking sector

SBP Announces Bank Holidays for Eid-ul-Fitr 2025

March 21, 2025March 21, 2025Faisal Shahnawaz

Karachi, March 21, 2025 – The State Bank of Pakistan (SBP) has officially announced the schedule for bank holidays in connection with Eid-ul-Fitr 2025.

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foreign exchange

Country’s Forex Reserves Climb by $187 Million: SBP

March 20, 2025March 20, 2025Shahnawaz Akhter

Karachi, March 20, 2025 – Pakistan’s foreign exchange reserves saw an increase of $187 million over the past week, according to the latest data released by the State Bank of Pakistan (SBP) on Thursday. The rise in reserves signals improved financial stability, offering some relief amid external economic challenges.

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