Karachi, July 11, 2024 – Pakistan’s weekly foreign exchange reserves have experienced a notable increase of $72 million, the State Bank of Pakistan (SBP) reported on Thursday. This positive trend is a promising indicator of the country’s economic stability.
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SBP Relaxes Conditions for IT Companies to Invest Abroad
Karachi, July 11, 2024 – The State Bank of Pakistan (SBP) has announced a relaxation in conditions for IT sector companies regarding equity investments abroad. This move, unveiled on Thursday, aims to facilitate export-oriented companies in expanding their international presence and boosting the country’s exports.
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SBP Issues Foreign Exchange Rates as of July 11, 2024
Today, July 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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SBP Announces Bank Holidays for Ashura e Moharram
Karachi, July 10, 2024 – The State Bank of Pakistan (SBP) has officially declared bank holidays in observance of Ashura e Moharram. In a circular addressed to all banks, the SBP confirmed that it will remain closed on July 16th and 17th, 2024, corresponding to Tuesday and Wednesday, to mark the occasion of Ashura (9th and 10th Moharram 1446 A.H).
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SBP Issues Foreign Exchange Rates as of July 10, 2024
Today, July 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 Appoints Primary Dealers for FY 2024-25
Karachi, July 10, 2024 – The State Bank of Pakistan (SBP) on Wednesday announced the appointment of primary dealers (PDs) and special purpose primary dealers (SPPDs) for the financial year 2024-25.
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Pakistan Receives $30.25 Billion in Workers’ Remittances in FY24
Karachi, July 9, 2024 – Pakistan received $30.25 billion in workers’ remittances during the fiscal year 2023-24, according to a report by the State Bank of Pakistan (SBP) released on Tuesday. This represents an 11 percent increase compared to the $27.33 billion received in the preceding fiscal year.
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SBP Issues Foreign Exchange Rates as of July 9, 2024
Today, July 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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SBP Issues Foreign Exchange Rates as of July 8, 2024
Today, July 8, 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 as of July 5, 2024
Today, July 5, 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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