Karachi, July 30, 2025 – The State Bank of Pakistan (SBP) has issued a comprehensive regulatory framework to guide banks in developing robust recovery planning mechanisms aimed at safeguarding financial stability during periods of distress.
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JazzCash Makes Biometric Verification Mandatory for Transactions
JazzCash has implemented a new regulation requiring biometric verification for all cash deposit and withdrawal transactions conducted through agents.
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SBP Issues Customer Exchange Rates for July 30, 2025
Karachi, July 30, 2025 – The State Bank of Pakistan (SBP) on Wednesday released the weighted average customer exchange rates for July 30, 2025. These rates are provided for informational purposes and reflect the buying and selling exchange rates quoted by commercial banks to their customers for various foreign currencies.
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SBP maintains 11% policy rate amid inflation concerns
Karachi, July 30, 2025 – The State Bank of Pakistan (SBP) has decided to keep the benchmark policy rate unchanged at 11%, citing mounting inflation risks and a shifting macroeconomic landscape.
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SBP Issues Customer Exchange Rates for July 29, 2025
Karachi, July 29, 2025 – The State Bank of Pakistan (SBP) has officially released the Weighted Average Customer Exchange Rates for Tuesday, July 29, 2025.
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SBP issues customer exchange rates for July 28, 2025
Karachi, July 28, 2025 – The State Bank of Pakistan (SBP) has issued the daily weighted average exchange rates for customer transactions on Monday, July 28, 2025.
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SBP directs banks to open accounts within two days
Karachi, July 25, 2025 – The State Bank of Pakistan (SBP) has issued comprehensive instructions to banks and regulated entities (REs), mandating that the account opening process for the general public be completed within two working days.
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SBP likely to cut policy rate to 10.5% on July 30
Karachi, July 25, 2025 – The State Bank of Pakistan (SBP) is expected to reduce the policy rate by 50 basis points to 10.5% in its upcoming monetary policy announcement on July 30, 2025.
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SBP Releases Average Exchange Rates for July 25, 2025
Karachi, July 25, 2025 – The State Bank of Pakistan (SBP) has officially released the average exchange rates for major foreign currencies as of July 25, 2025.
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Pakistan’s forex reserves record mild dip to $19.92 billion
Karachi, July 24, 2025 – Pakistan’s foreign exchange (forex) reserves witnessed a marginal decline, slipping to $19.92 billion by the week ending July 18, 2025, according to the latest data released by the State Bank of Pakistan (SBP) on Thursday.
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