SBP Archives - Page 86 of 372

SBP Issues Foreign Exchange Rates for August 5, 2024

August 5, 2024August 5, 2024Faisal Shahnawaz

Today, August 5, 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 August 2, 2024

August 2, 2024August 2, 2024Faisal Shahnawaz

Today, August 2, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.

Weekly Forex Reserves of Pakistan Increase by $57 Million

August 1, 2024August 1, 2024Shahnawaz Akhter

Karachi, August 1, 2024 – Net foreign exchange reserves of Pakistan saw an increase of $57 million on a weekly basis, the State Bank of Pakistan (SBP) announced on Thursday. By the week ending July 26, 2024, the country’s total foreign exchange reserves had risen to $14.392 billion, compared to $14.335 billion recorded the previous […]

SBP Unveils Risk Coverage Scheme to Boost SME Financing

August 1, 2024August 1, 2024Shahnawaz Akhter

Karachi, August 1, 2024 – The State Bank of Pakistan (SBP) on Thursday launched a groundbreaking risk coverage scheme aimed at enhancing the financing landscape for Small and Medium Enterprises (SMEs).

SBP Issues Foreign Exchange Rates for August 1, 2024

August 1, 2024August 1, 2024Faisal Shahnawaz

Today, August 1, 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 July 31, 2024

July 31, 2024July 31, 2024Faisal Shahnawaz

Today, July 31, 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 July 30, 2024

July 30, 2024July 30, 2024Faisal Shahnawaz

Today, July 30, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.

SBP Cuts Benchmark Policy Rate by 100 Basis Points

July 29, 2024July 29, 2024Shahnawaz Akhter

Karachi, July 29, 2024 – In a bid to stimulate economic growth while keeping inflation in check, the State Bank of Pakistan (SBP) on Monday announced a 100 basis point reduction in its benchmark policy rate, bringing it down to 19.5%.

SBP Issues Foreign Exchange Rates for July 29, 2024

July 29, 2024July 29, 2024Faisal Shahnawaz

Today, July 29, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.

Policy Announcement: SBP May Surprise Market

July 27, 2024July 27, 2024Shahnawaz Akhter

Karachi, July 27, 2024 – The State Bank of Pakistan (SBP) is poised to potentially surprise market expectations with a rate cut in its upcoming policy announcement on July 29, 2024.

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