SBP Archives - Page 65 of 372

SBP Issues Foreign Exchange Rates for December 20, 2024

December 20, 2024December 20, 2024Faisal Shahnawaz

Today, December 20, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.

SBP Reports Increase in Net Forex Reserves to $16.63 Billion

December 19, 2024December 19, 2024Shahnawaz Akhter

Karachi, December 19, 2024 – The State Bank of Pakistan (SBP) has announced an increase in the country’s total liquid foreign exchange reserves, which now stand at $16.633 billion as of December 13, 2024. This marks a modest rise of $32 million from the previous week’s level of $16.601 billion as reported on December 6, […]

SBP Issues Foreign Exchange Rates for December 19, 2024

December 19, 2024December 19, 2024Faisal Shahnawaz

Today, December 19, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.

SBP Issues Foreign Exchange Rates for December 18, 2024

December 18, 2024December 18, 2024Faisal Shahnawaz

Today, December 18, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.

Pakistan Records 31.3% Increase in FDI During 5MFY25

December 18, 2024December 18, 2024Shahnawaz Akhter

Karachi: Pakistan has witnessed a significant 31.3% surge in foreign direct investment (FDI) during the first five months (July–November) of the fiscal year 2024-25, reflecting growing investor confidence in the country’s economic prospects.

SBP Unveils New eCIB System for Enhanced Data Reporting

December 18, 2024December 18, 2024Shahnawaz Akhter

Karachi: The State Bank of Pakistan (SBP) has announced the launch of an upgraded eCIB system (V2) for banks and financial institutions (FIs) to streamline data submission and credit reporting processes. The move aims to enhance efficiency and accuracy in reporting, ensuring compliance with modern regulatory standards.

Pakistan Posts $944 Million Current Account Surplus in 5MFY25

December 17, 2024December 17, 2024Shahnawaz Akhter

Karachi, December 17, 2024 – Pakistan has reported a significant current account surplus of $944 million for the first five months (July to November) of the fiscal year 2024-25, according to balance of payment data released by the State Bank of Pakistan (SBP) on Tuesday.

SBP Issues Foreign Exchange Rates for December 17, 2024

December 17, 2024December 17, 2024Faisal Shahnawaz

Today, December 17, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.

SBP Warns of Inflation Risks from Potential Tax Measures

December 17, 2024December 17, 2024Shahnawaz Akhter

Karachi, December 17, 2024 – The State Bank of Pakistan (SBP) has expressed concerns over potential risks to the inflation outlook, particularly due to the possibility of additional tax measures. During a briefing following the latest decision by the Monetary Policy Committee (MPC), analysts at Insight Securities (Pvt) Ltd noted that the SBP Governor indicated […]

SBP Slashes Benchmark Policy Rate by 200 Basis Points to 13%

December 16, 2024January 30, 2026Shahnawaz Akhter

Karachi, December 16, 2024 – The State Bank of Pakistan (SBP) announced a significant cut of 200 basis points in its benchmark policy rate, bringing it down from 15% to 13%.

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