SBP Archives - Page 76 of 372

Pakistan’s Weekly Forex Reserves Increase by $64 Million

October 17, 2024October 17, 2024Shahnawaz Akhter

Karachi, October 17, 2024 – In a positive turn for Pakistan’s economic stability, the country’s net foreign exchange (forex) reserves saw a modest uptick of $64 million by the week ending October 10, 2024, as reported by the State Bank of Pakistan (SBP) on Thursday.

SBP Projects GDP Growth at 3.5% for FY25, Slightly Below Target

October 17, 2024October 17, 2024Shahnawaz Akhter

Karachi, October 17, 2024 – The State Bank of Pakistan (SBP) has projected the country’s gross domestic product (GDP) growth at 3.5% for the fiscal year 2024-25, just shy of the government’s target of 3.6%.

SBP Issues Foreign Exchange Rates for October 17, 2024

October 17, 2024October 17, 2024Faisal Shahnawaz

Today, October 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 Issues Foreign Exchange Rates for October 16, 2024

October 16, 2024October 16, 2024Faisal Shahnawaz

Today, October 16, 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 October 15, 2024

October 15, 2024October 15, 2024Faisal Shahnawaz

Today, October 15, 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 October 14, 2024

October 14, 2024May 7, 2026Faisal Shahnawaz

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.

SBP Launches Challenge Fund to Boost SME Financing

October 14, 2024October 14, 2024Shahnawaz Akhter

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).

SBP Issues Foreign Exchange Rates for October 11, 2024

October 11, 2024October 11, 2024Faisal Shahnawaz

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.

Digital Retail Payments Surge 35% in FY24: SBP

October 11, 2024October 11, 2024Shahnawaz Akhter

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.

Pakistan’s Total Forex Reserves Climb to $16.05 Billion

October 10, 2024October 10, 2024Shahnawaz Akhter

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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