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Tag: SBP

SBP Accepts Rs 351 Billion in MTBs Buyback Auction

October 1, 2024October 1, 2024Shahnawaz Akhter

Karachi, October 1, 2024 – In a significant financial maneuver, the State Bank of Pakistan (SBP) has accepted bids totaling Rs 351 billion in a buyback auction of Market Treasury Bills (MTBs). This strategic move is seen as a vital step towards reprofiling the government’s short-term debt and bolstering liquidity within the financial system.

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State Bank of Pakistan Report

SBP Issues Foreign Exchange Rates for September 30, 2024

September 30, 2024September 30, 2024Faisal Shahnawaz

Today, September 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

SBP Receives First Tranche from IMF’s $7 Billion Loan Program

September 28, 2024September 28, 2024Shahnawaz Akhter

Karachi, September 27, 2024 – The State Bank of Pakistan (SBP) announced on Friday that it has received the first tranche of the International Monetary Fund’s (IMF) $7 billion loan program.

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State Bank of Pakistan Report

SBP Issues Foreign Exchange Rates for September 27, 2024

September 27, 2024May 24, 2026Faisal Shahnawaz

Today, September 27, 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

SBP Announces Buyback Auction for Market Treasury Bills

September 27, 2024September 27, 2024Shahnawaz Akhter

Karachi, September 27, 2024 – In a significant move aimed at managing public debt and liquidity in the financial markets, the State Bank of Pakistan (SBP) has announced its decision to conduct an auction for the buyback of Market Treasury Bills (MTBs).

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foreign exchange

Pakistan’s Foreign Exchange Reserves Increase by $46 Million

September 26, 2024September 26, 2024Shahnawaz Akhter

Karachi, September 26, 2024 – Pakistan’s foreign exchange reserves witnessed an increase of $46 million during the week ending on September 20, 2024, according to data released by the State Bank of Pakistan (SBP) on Thursday. This rise brings the total reserves to $14.873 billion, compared to $14.827 billion recorded a week earlier on September […]

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State Bank of Pakistan Report

SBP Issues Foreign Exchange Rates for September 26, 2024

September 26, 2024September 26, 2024Faisal Shahnawaz

Today, September 26, 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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Profit Repatriation Surges 461% in First Two Months of FY25: SBP

September 26, 2024September 26, 2024Shahnawaz Akhter

Karachi, September 26, 2024 — The repatriation of profits and dividends by foreign companies operating in Pakistan surged by an astounding 461% during the first two months (July-August) of the current fiscal year 2024-25, according to data released by the State Bank of Pakistan (SBP) on Thursday.

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State Bank of Pakistan Report

SBP Issues Foreign Exchange Rates for September 25, 2024

September 25, 2024September 25, 2024Faisal Shahnawaz

Today, September 25, 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 September 24, 2024

September 24, 2024September 24, 2024Faisal Shahnawaz

Today, September 24, 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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