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Tag: SBP

State Bank of Pakistan Report

SBP Announces Forex Rates in PKR for January 30, 2025

January 30, 2025January 30, 2025Faisal Shahnawaz

On January 30, 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 Announces Forex Rates in PKR for January 29, 2025

January 29, 2025January 29, 2025Faisal Shahnawaz

On January 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 03

SBP Awards First Digital Retail Bank License to Easypaisa Bank

January 28, 2025January 28, 2025Shahnawaz Akhter

Karachi, January 28, 2025 – The State Bank of Pakistan (SBP), led by Governor Jameel Ahmad, has awarded the country’s first-ever Digital Retail Bank (DRB) license to Easypaisa Bank Limited, formerly known as Telenor Microfinance Bank Limited.

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State Bank of Pakistan Report

SBP Announces Forex Rates in PKR for January 28, 2025

January 28, 2025January 28, 2025Faisal Shahnawaz

On January 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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coins and money

New Currency Notes Printing to Begin in FY26: SBP

January 27, 2025January 27, 2025Shahnawaz Akhter

Karachi, January 27, 2025 – The State Bank of Pakistan (SBP) has announced its plan to initiate the printing of new currency notes featuring advanced security enhancements in the upcoming fiscal year, 2025-26.

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SBP report on banking sector

SBP Slashes Interest Rate to 12% Amid Inflation Decline

January 27, 2025January 27, 2025Shahnawaz Akhter

Karachi, January 27, 2025 – The State Bank of Pakistan (SBP) announced a significant reduction in its benchmark policy rate, cutting it by 100 basis points to 12%. The decision, effective from January 28, 2025, was made during the Monetary Policy Committee (MPC) meeting held on Monday.

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State Bank of Pakistan Report

SBP Announces Forex Rates in PKR for January 27, 2025

January 27, 2025January 27, 2025Faisal Shahnawaz

On January 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

SBP May Surprise With Significant Rate Cut in Today’s MPC

January 27, 2025January 27, 2025Shahnawaz Akhter

Karachi, January 27, 2025 – The State Bank of Pakistan (SBP) is expected to make headlines by announcing a substantial interest rate cut during today’s Monetary Policy Committee (MPC) meeting. Market experts anticipate a rate cut of at least 100 basis points (bps), which would bring the benchmark policy rate down to 12% from the […]

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state bank of pakistan 03

ICMAP Calls for SBP to Reduce Policy Rate to 11%

January 26, 2025January 26, 2025Shahnawaz Akhter

The Institute of Cost and Management Accountants of Pakistan (ICMAP) has urged the State Bank of Pakistan (SBP) to lower the key policy rate from the current 13% to 11%, advocating for a strategic reduction of 200 basis points (bps) to reinvigorate economic activity, boost investment, and restore confidence in Pakistan’s economy.

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Investment in Registered Prize Bonds Rises to Rs 58.65 Billion

January 25, 2025January 25, 2025Shahnawaz Akhter

Karachi, January 25, 2025 – Investment in registered prize bonds has seen a remarkable surge, reaching Rs 58.65 billion by November 2024, according to the latest data released by the State Bank of Pakistan (SBP).

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