Karachi, August 16, 2024 – In a significant move to bolster the financing landscape for Small and Medium Enterprises (SMEs), the State Bank of Pakistan (SBP) announced on Friday an increase in the clean lending limit to Rs 10 million.
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Stay informed with SBP announcements, interest rates, banking policies, exchange rates, financial regulations, and economic updates.
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SBP Issues Foreign Exchange Rates for August 16, 2024
Today, August 16, 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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Pakistan’s Forex Reserves Surge to $14.65 Billion
Karachi, August 15, 2024 – Pakistan’s foreign exchange reserves witnessed a significant uptick, climbing by $173 million to reach $14.65 billion by the week ended August 9, 2024, according to a statement released by the State Bank of Pakistan (SBP) on Thursday.
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SBP Issues Foreign Exchange Rates for August 15, 2024
Today, August 15, 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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SBP Celebrates 77th Independence Day of Pakistan
Karachi, August 14, 2024 – The State Bank of Pakistan (SBP) celebrated the 77th Independence Day of the country with renewed fervor and enthusiasm.
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SBP Issues Foreign Exchange Rates for August 13, 2024
Today, August 13, 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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SBP Issues Foreign Exchange Rates for August 12, 2024
Today, August 12, 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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Remittances Soar by 48% YoY in July 2024, Reaching $3 Billion
Karachi, August 9, 2024 – Pakistan witnessed a significant surge in workers’ remittances, with inflows rising by 48% Year on Year (YoY) in July 2024, according to data released by the State Bank of Pakistan (SBP) on Friday.
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SBP Issues Foreign Exchange Rates for August 9, 2024
Today, August 9, 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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Rs 4.22 Billion in Prize Bonds Unclaimed as Deadline Passes
Karachi, August 9, 2024 – A staggering amount of Rs 4.22 billion in bearer prize bonds remains unclaimed following the expiration of the deadline for conversion or exchange on June 30, 2024. According to data released by the State Bank of Pakistan (SBP), many holders of these unregistered prize bonds failed to take action despite multiple extensions provided by the government.
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