Karachi, September 5, 2024 – The State Bank of Pakistan (SBP) has officially concluded its much-anticipated art competition for the designs of the new banknote series.
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SBP Records $34 Million Rise in Weekly Forex Reserves
Karachi, September 5, 2024 – The State Bank of Pakistan (SBP) reported an increase of $34 million in its foreign exchange reserves for the week ending August 30, 2024.
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SBP Issues Foreign Exchange Rates for September 5, 2024
Today, September 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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Analysts Anticipate 150 Basis Points Policy Rate Cut by SBP
Karachi, September 5, 2024 — Analysts at Arif Habib Limited forecast a substantial reduction of 150 basis points in the State Bank of Pakistan’s (SBP) key policy rate, projecting the rate to fall to 18% during the upcoming monetary policy announcement on September 12, 2024.
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SBP Raises Rs 835 Billion Through T-Bill Auction
Karachi, September 5, 2024 – The State Bank of Pakistan (SBP) successfully raised Rs 835 billion through the auction of Market Treasury Bills (MTBs) on Wednesday, surpassing its initial target of Rs 700 billion. The auction saw aggressive participation from banks, which collectively bid a substantial Rs 1.62 trillion for the purchase of government securities.
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SBP Issues Foreign Exchange Rates for September 4, 2024
Today, September 4, 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 September 2, 2024
Today, September 2, 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 August 30, 2024
Today, August 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 Designates Three Banks as Systemically Important for 2024
Karachi, August 29, 2024 – The State Bank of Pakistan (SBP) has announced the designation of Domestic Systemically Important Banks (D-SIBs) for the year 2024.
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SBP Records $111 Million Increase in Foreign Exchange Reserves
Karachi, August 29, 2024 – The State Bank of Pakistan (SBP) has reported a modest increase in its foreign exchange reserves, marking a $111 million rise for the week ending August 23, 2024. This uptick brings the total reserves held by the central bank to $9.403 billion, up from $9.292 billion the previous week.
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