Karachi, February 19, 2024 – Pakistan has achieved a noteworthy 71 percent contraction in the Current Account Deficit (CAD) during the first seven months (July – January) of the fiscal year 2023-24, signaling positive economic developments, according to data released by the State Bank of Pakistan (SBP).
(more…)Tag: SBP
-
SBP Issues Foreign Exchange Rates as of 19 February 2024
Karachi, 19 February 2024 – Today, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions on 19 February 2024.
(more…) -
SBP Issues Foreign Exchange Rates as of 16 February 2024
Karachi, 16 February 2024 – Today, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions on 16 February 2024.
(more…) -
Pakistan’s Weekly Foreign Exchange Reserves Surge by $51M
Karachi, February 15, 2024 –Pakistan’s foreign exchange reserves witnessed a notable uptick, surging by $51 million in the week ending February 9, 2024, according to the State Bank of Pakistan (SBP).
(more…) -
SBP Issues Foreign Exchange Rates as of 15 February 2024
Karachi, 15 February 2024 – Today, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions on 15 February 2024.
(more…) -
SBP Issues Foreign Exchange Rates as of 14 February 2024
Karachi, 14 February 2024 – Today, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions on 14 February 2024.
(more…) -
Pakistan Suspends Operations of Exchange Companies
Karachi, February 13, 2024 – In a significant move, Pakistan has suspended the operations of several foreign exchange companies for serious violations of regulations.
(more…) -
SBP Issues Foreign Exchange Rates as of 13 February 2024
Karachi, 13 February 2024 – Today, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions on 13 February 2024.
(more…) -
Pakistan’s Public Debt Soars to 74.8% of GDP: SBP Report
Karachi, February 12, 2024 – Pakistan’s economic landscape is grappling with a significant challenge as the State Bank of Pakistan (SBP) reveals that the country’s public debt has surged to 74.8 percent of the Gross Domestic Product (GDP) by the end of December 2023.
(more…) -
SBP Issues Foreign Exchange Rates as of 12 February 2024
Karachi, 12 February 2024 – Today, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions on 12 February 2024.
(more…)