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Tag: SBP

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Bank Timings in Pakistan for Ramadan 2025

March 1, 2025March 1, 2025Faisal Shahnawaz

Karachi, March 1, 2025 – With the holy month of Ramadan approaching, citizens across Pakistan are keenly awaiting the announcement of revised bank timings to plan their financial transactions accordingly.

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SBP Announces Bank Holiday on March 3 for Zakat Deduction

February 28, 2025February 28, 2025Faisal Shahnawaz

Karachi, February 28, 2025 – The State Bank of Pakistan (SBP) has officially declared a Bank Holiday on Monday, March 3, 2025, in line with its annual practice of Zakat deduction.

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State Bank of Pakistan Report

SBP Releases Forex Rates in PKR for February 28, 2025

February 28, 2025February 28, 2025Faisal Shahnawaz

On February 28, 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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foreign exchange

Pakistan’s Weekly Reserves Decline by $23 Million: SBP

February 27, 2025February 27, 2025Shahnawaz Akhter

Karachi, February 27, 2025 – Pakistan’s foreign exchange reserves experienced a decline of $23 million during the past week, as reported by the State Bank of Pakistan (SBP) on Thursday.

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SBP Notifies Banks About Annual Zakat Deduction

February 27, 2025February 27, 2025Mrs. Anjum Shahnawaz

Karachi, February 27, 2025 – The State Bank of Pakistan (SBP) on Thursday issued comprehensive instructions to all banks regarding the deduction of Zakat for the year 2025. The directive is aimed at ensuring the smooth implementation of Zakat deduction as per Islamic financial principles.

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State Bank of Pakistan Report

SBP Releases Forex Rates in PKR for February 27, 2025

February 27, 2025February 27, 2025Faisal Shahnawaz

On February 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.

Continue Reading
State Bank of Pakistan Report

SBP Releases Forex Rates in PKR for February 26, 2025

February 26, 2025February 26, 2025Faisal Shahnawaz

On February 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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Pakistan Spends $135 Million on Indian Imports

February 25, 2025February 25, 2025Shahnawaz Akhter

Karachi, February 25, 2025 – Pakistan has paid a total of $135 million for imports from India during the first seven months (July–January) of the fiscal year 2024-25.

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State Bank of Pakistan Report

SBP Releases Forex Rates in PKR for February 25, 2025

February 25, 2025February 25, 2025Faisal Shahnawaz

On February 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.

Continue Reading
State Bank of Pakistan Report

SBP Releases Forex Rates in PKR for February 24, 2025

February 24, 2025February 24, 2025Faisal Shahnawaz

On February 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.

Continue Reading

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