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Tag: SBP

State Bank of Pakistan Report

SBP Releases Forex Rates in PKR for March 20, 2025

March 20, 2025March 20, 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 Declares Bank Holiday on March 23, 2025, for Pakistan Day

March 20, 2025March 20, 2025Faisal Shahnawaz

Karachi, March 20, 2025 – The State Bank of Pakistan (SBP) has officially announced a bank holiday on March 23, 2025, in observance of Pakistan Day. The announcement, made on Thursday, confirms that all financial institutions under the SBP will remain closed on this date as per the government’s directive for a public holiday.

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Profit Repatriation from Pakistan Surges 104% in 8MFY25

March 19, 2025March 19, 2025Shahnawaz Akhter

Karachi, March 19, 2025 – The State Bank of Pakistan (SBP) reported on Wednesday that profit and dividend repatriation from Pakistan witnessed a significant surge of 104% during the first eight months (July–February) of the fiscal year 2024-25.

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State Bank of Pakistan Report

SBP Releases Forex Rates in PKR for March 19, 2025

March 19, 2025March 19, 2025Faisal Shahnawaz

On March 19, 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 03

SBP Ensures Ample Fresh Currency Notes for Eid ul Fitr

March 18, 2025March 18, 2025Faisal Shahnawaz

Karachi, March 18, 2025 – The State Bank of Pakistan (SBP) has announced the issuance of fresh currency notes in large quantities to facilitate the public ahead of Eid ul Fitr.

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State Bank of Pakistan Report

SBP Releases Forex Rates in PKR for March 18, 2025

March 18, 2025March 18, 2025Faisal Shahnawaz

On March 18, 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

Pakistan’s Current Account Surplus Reaches $691M in 8MFY25

March 17, 2025March 17, 2025Shahnawaz Akhter

Karachi, March 17, 2025 – Pakistan’s current account remained in surplus, recording an impressive $691 million during the first eight months (July–February) of the ongoing fiscal year 2024-25, according to data released by the State Bank of Pakistan (SBP) on Monday.

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State Bank of Pakistan Report

SBP Releases Forex Rates in PKR for March 17, 2025

March 17, 2025March 17, 2025Faisal Shahnawaz

On March 17, 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 Forex Rates in PKR for March 14, 2025

March 14, 2025March 14, 2025Faisal Shahnawaz

On March 14, 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 Reserves Decline $152M Amid External Debt Payments

March 13, 2025March 13, 2025Shahnawaz Akhter

Karachi, March 13, 2025 – The State Bank of Pakistan (SBP) has reported a decline in its official foreign exchange reserves, as external debt payments continued to weigh on the country’s financial position.

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