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Tag: SBP

foreign exchange

SBP Reports $494 Million Increase in Weekly Forex Reserves

July 4, 2024July 4, 2024Shahnawaz Akhter

Karachi, July 4, 2024 – The State Bank of Pakistan (SBP) has announced a notable increase of $494 million in its official foreign exchange reserves for the week ending June 28, 2024, reflecting positive inflows from multilateral agencies.

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State Bank of Pakistan Report

SBP Issues Foreign Exchange Rates as of July 4, 2024

July 4, 2024July 4, 2024Faisal Shahnawaz

Today, July 4, 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 04

SBP Tightens Oversight on Foreign Currency Accounts

July 3, 2024July 3, 2024Shahnawaz Akhter

Karachi, July 3, 2024 – The State Bank of Pakistan (SBP) on Wednesday issued a directive to all banks, requiring detailed submissions of transactions conducted through foreign currency accounts (FCA).

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State Bank of Pakistan Report

SBP Issues Foreign Exchange Rates as of July 3, 2024

July 3, 2024July 3, 2024Faisal Shahnawaz

Today, July 3, 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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sugar export

SBP Issues Guidelines to Banks for Sugar Export

July 2, 2024July 2, 2024Shahnawaz Akhter

Karachi, July 2, 2024 (PkRevenue.com) – The State Bank of Pakistan (SBP) on Tuesday issued detailed guidelines to banks for processing requests related to the export of sugar.

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State Bank of Pakistan Report

SBP Issues Foreign Exchange Rates as of July 2, 2024

July 2, 2024July 2, 2024Faisal Shahnawaz

Today, July 2, 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 04

SBP Announces Bank Holiday on July 1, 2024

June 28, 2024June 28, 2024Faisal Shahnawaz

Karachi, June 28, 2024 – The State Bank of Pakistan (SBP) has officially declared July 1, 2024, as a bank holiday across Pakistan. This decision, communicated through a statement by the central bank today, mandates the closure of all financial institutions, including the SBP itself, as well as banks, Development Financial Institutions (DFIs), and Microfinance […]

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state bank of pakistan 03

SBP Issues Bank Timings for Tax Collection in FY24 Closing

June 28, 2024June 28, 2024Shahnawaz Akhter

Karachi, June 28, 2024 – The State Bank of Pakistan (SBP) announced on Friday the bank timings for the collection of duty and tax during the last three days of the fiscal year 2024-25.

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State Bank of Pakistan Report

SBP Issues Foreign Exchange Rates as of June 28, 2024

June 28, 2024June 28, 2024Faisal Shahnawaz

Today, June 28, 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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foreign exchange

Pakistan Records $208 Million Fall in Weekly Forex Reserves

June 27, 2024June 27, 2024Shahnawaz Akhter

Karachi, June 27, 2024 – Pakistan has recorded a fall of $208 million in foreign exchange reserves for the week ending June 21, 2024, according to the State Bank of Pakistan (SBP).

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