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Tag: SBP

State Bank of Pakistan Report

SBP Announces Forex Rates in PKR for January 6. 2025

January 6, 2025January 6, 2025Faisal Shahnawaz

On January 6, 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 3. 2025

January 3, 2025January 3, 2025Faisal Shahnawaz

On January 3, 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 Forex Reserves Rise $37 Million Despite SBP Fall

January 2, 2025January 2, 2025Shahnawaz Akhter

Karachi, January 2, 2025 – Pakistan’s net foreign exchange (forex) reserves increased by $37 million during the week ending December 27, 2024, despite a significant decline in the official reserves held by the State Bank of Pakistan (SBP). This disparity underscores evolving trends in the country’s financial framework.

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State Bank of Pakistan Report

SBP Issues Foreign Exchange Rates for January 2, 2025

January 2, 2025January 2, 2025Faisal Shahnawaz

Today, January 2, 2025, 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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state bank of pakistan 03

Banks Surrender Unclaimed Deposits to SBP

December 31, 2024December 31, 2024Shahnawaz Akhter

Karachi, December 31, 2024 – The State Bank of Pakistan (SBP) on Tuesday said that banks and Development Financial Institutions (DFIs) have surrendered their unclaimed deposits to the central bank as of December 31, 2023.

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SBP Governor Presents Year-End Review to Aurangzeb

December 31, 2024December 31, 2024Mrs. Anjum Shahnawaz

Islamabad, December 31, 2024 – Jameel Ahmad, the Governor of the State Bank of Pakistan (SBP), presented a detailed year-end performance review of the central bank to Finance Minister Senator Muhammad Aurangzeb during a meeting at the Finance Division on Tuesday.

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State Bank of Pakistan Report

SBP Issues Foreign Exchange Rates for December 31, 2024

December 31, 2024December 31, 2024Faisal Shahnawaz

Today, December 31, 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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State Bank of Pakistan Report

SBP Issues Foreign Exchange Rates for December 30, 2024

December 30, 2024December 30, 2024Faisal Shahnawaz

Today, December 30, 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 report on banking sector

Banks to Remain Closed for Public on January 1, 2025

December 30, 2024December 30, 2024Faisal Shahnawaz

Karachi, December 30, 2024 – The State Bank of Pakistan (SBP) has announced that all banks across Pakistan will remain closed for public dealings on Wednesday, January 1, 2025. This declaration aligns with the observance of a “Bank Holiday,” as stated in an official notification issued by the SBP.

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prize bonds forty thousand

SBP Sets Deadline for Prize Bond Encashment

December 28, 2024December 28, 2024Faisal Shahnawaz

The State Bank of Pakistan (SBP) has reiterated its call to the public to encash, replace, or convert National Prize Bonds (NPBs) of denominations Rs 40,000, Rs 25,000, Rs 15,000, and Rs 7,500 before the final deadline of December 31, 2024.

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