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Tag: SBP

SBP Issues Criteria for Raast Participation

February 22, 2025February 22, 2025Shahnawaz Akhter

Karachi, February 22, 2025 – The State Bank of Pakistan (SBP) has officially released the criteria for participation in Raast, the country’s instant payment system designed to facilitate secure and efficient digital fund transfers.

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State Bank of Pakistan Report

SBP Releases Forex Rates in PKR for February 21, 2025

February 21, 2025February 21, 2025Faisal Shahnawaz

On February 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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Foreign Banks Withdraw $165 Million from Pakistan

February 21, 2025February 21, 2025Shahnawaz Akhter

Karachi, February 21, 2025 – Foreign banks operating in Pakistan have repatriated a substantial amount of $165 million in profits and dividends during the first seven months (July–January) of the fiscal year 2024-25, according to a report released by the State Bank of Pakistan (SBP).

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foreign exchange

Pakistan’s Forex Reserves Increase by $85 Million

February 20, 2025February 20, 2025Faisal Shahnawaz

Karachi, February 20, 2025 – Pakistan’s total foreign exchange (forex reserves) have witnessed an increase of $85 million, as per the latest data released by the State Bank of Pakistan (SBP) on Thursday.

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state bank of pakistan 03

SBP Revises Profit Rates on Naya Pakistan Certificates

February 20, 2025February 20, 2025Faisal Shahnawaz

Karachi, February 20, 2025 – The State Bank of Pakistan (SBP) has officially announced a revision in SBP profit rates on Naya Pakistan Certificates (NPCs), effective immediately.

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State Bank of Pakistan Report

SBP Releases Forex Rates in PKR for February 20, 2025

February 20, 2025February 20, 2025Faisal Shahnawaz

On February 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.

Continue Reading
State Bank of Pakistan Report

SBP Releases Forex Rates in PKR for February 19, 2025

February 19, 2025February 19, 2025Faisal Shahnawaz

On February 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.

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SBP report on banking sector

Monetary Easing Sparks Private Sector Loans Boom 255%

February 18, 2025February 18, 2025Shahnawaz Akhter

Karachi, February 18, 2025: Bank loans to the private sector has surged by an impressive 255%, driven by a significant decline in interest rates.

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foreign investment

Foreign Direct Investment in Pakistan Surges 56% in 7MFY25

February 18, 2025February 18, 2025Shahnawaz Akhter

Karachi, February 18, 2025 – The net inflow of Foreign Direct Investment (FDI) into Pakistan surged by over 56% during the first seven months (July – January) of the current fiscal year 2024-25, as reported by the State Bank of Pakistan (SBP) on Tuesday.

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Pakistan Records $682 Million Current Account Surplus in 7MFY25

February 18, 2025February 18, 2025Shahnawaz Akhter

Karachi, February 18, 2025 – Pakistan recorded a current account surplus of $682 million during the first seven months of the fiscal year 2024-25 (July–January), according to data released by the State Bank of Pakistan (SBP) on Tuesday.

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