Today, October 14, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
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SBP Launches Challenge Fund to Boost SME Financing
Karachi, October 14, 2024 – The State Bank of Pakistan (SBP) has introduced a new challenge fund aimed at improving access to finance for small and medium-sized enterprises (SMEs).
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SBP Issues Foreign Exchange Rates for October 11, 2024
Today, October 11, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
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Digital Retail Payments Surge 35% in FY24: SBP
Karachi, October 11, 2024 – The State Bank of Pakistan (SBP) has reported a remarkable 35% surge in digital retail payments during the fiscal year 2023-24, both in volume and value.
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Pakistan’s Total Forex Reserves Climb to $16.05 Billion
Karachi, October 10, 2024 – Pakistan’s total foreign exchange reserves have risen to $16.05 billion, according to the latest data released by the State Bank of Pakistan (SBP) on Thursday.
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SBP Revises Instructions for Banks on CCTV Camera Installation
Karachi, October 10, 2024 – The State Bank of Pakistan (SBP) has issued revised directives regarding the installation of Closed-Circuit Television (CCTV) cameras by banks and microfinance banks (MFBs). These revisions, based on input from various stakeholders, are aimed at facilitating the phased implementation of enhanced surveillance measures while ensuring the security of banking operations nationwide.
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SBP Issues Foreign Exchange Rates for October 10, 2024
Today, October 10, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
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SBP Issues Foreign Exchange Rates for October 9, 2024
Today, October 9, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
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Pakistan Sees 39% Surge in Workers’ Remittances in 1QFY25
Karachi, October 9, 2024 – Pakistan has experienced a remarkable 39% surge in workers’ remittances during the first quarter (July – September) of the fiscal year 2024-25, according to data released by the State Bank of Pakistan (SBP) on Wednesday. The remittance inflows soared to $8.79 billion, a significant increase from $6.33 billion in the corresponding quarter of the previous fiscal year.
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Pakistan’s Debt Soars Beyond Rs 70 Trillion by August 2024
Karachi, October 9, 2024 – Pakistan’s debt burden has surged past Rs 70 trillion by the close of August 2024, according to a report released by the State Bank of Pakistan (SBP).
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