SBP Archives - Page 87 of 372

SBP Issues Foreign Exchange Rates for July 26, 2024

July 26, 2024July 26, 2024Faisal Shahnawaz

Today, July 26, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.

SBP Reserves Plummet by $397 Million Amid Debt Repayments

July 25, 2024July 25, 2024Shahnawaz Akhter

Karachi, July 25, 2024 – The State Bank of Pakistan (SBP) announced on Thursday a significant drop of $397 million in its official foreign exchange reserves for the week ending July 19, 2024. The reserves declined from $9.424 billion on July 12, 2024, to $9.027 billion by the end of the week.

SBP Issues Foreign Exchange Rates for July 25, 2024

July 25, 2024July 25, 2024Faisal Shahnawaz

Today, July 25, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.

Market Survey Foresees SBP Slashing Rate to 19.5%

July 24, 2024July 24, 2024Shahnawaz Akhter

Karachi, July 24, 2024 – A recent survey conducted by Topline Securities Limited indicates a strong likelihood that the State Bank of Pakistan (SBP) will reduce its benchmark interest rate to 19.5%, down from the current 20.5%. This anticipated decision will be formally deliberated during the SBP’s Monetary Policy Committee (MPC) meeting scheduled for July […]

SBP Issues Foreign Exchange Rates as of July 24, 2024

July 24, 2024July 24, 2024Faisal Shahnawaz

Today, July 24, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.

SBP Outlines Monetary Policy Meeting Schedule Till Dec 2024

July 23, 2024July 23, 2024Shahnawaz Akhter

Karachi, July 23, 2024 – The State Bank of Pakistan (SBP) has unveiled the schedule for its Monetary Policy Committee (MPC) meetings until December 2024, setting the stage for key decisions that will shape the country’s economic landscape. The central bank is scheduled to convene four times during this period.

SBP Issues Foreign Exchange Rates as of July 23, 2024

July 23, 2024July 23, 2024Faisal Shahnawaz

Today, July 23, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.

SBP May Cut Benchmark Policy Rate by 100 Basis Points: Analysts

July 22, 2024July 22, 2024Shahnawaz Akhter

Karachi, July 22, 2024 – As the State Bank of Pakistan’s (SBP) monetary policy meeting approaches on July 29, 2024, analysts are anticipating a significant policy shift.

SBP Issues Foreign Exchange Rates as of July 22, 2024

July 22, 2024July 22, 2024Faisal Shahnawaz

Today, July 22, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.

Pakistan Reports 153% Surge in Foreign Investment in FY24

July 20, 2024July 20, 2024Shahnawaz Akhter

Karachi, July 20, 2024 – Pakistan has experienced a remarkable 153 percent increase in total foreign investment during the fiscal year 2023-24. According to the State Bank of Pakistan (SBP), the total foreign investment soared to $1.52 billion, up from $601 million in the preceding fiscal year.

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