Karachi, December 7, 2023 – The government’s borrowing from banks has witnessed a substantial increase, surging by 154 percent during the first four months of the current fiscal year.
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SBP Releases Foreign Exchange Rates for December 7, 2023
KARACHI, December 7, 2023 – The State Bank of Pakistan (SBP) has unveiled the foreign exchange rates for customers on December 7, 2023.
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SBP Releases Foreign Exchange Rates for December 6, 2023
KARACHI, December 6, 2023 – The State Bank of Pakistan (SBP) has unveiled the foreign exchange rates for customers on December 6, 2023.
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State Bank of Pakistan Launches Raast Person to Merchant Service to Boost Digital Payments
Karachi, December 5, 2023 –The State Bank of Pakistan (SBP) officially unveiled the Raast Person to Merchant (P2M) Service on Tuesday for advancing digital payment solutions in Pakistan.
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SBP Proposes Regulatory Sandbox to Propel Digital Financial Services Innovation
Karachi, December 5, 2023 – In a strategic move to foster innovation in the digital financial services (DFS) sector, the State Bank of Pakistan (SBP) unveiled a draft regulatory sandbox on Tuesday, encouraging stakeholders to provide feedback before the finalization of the regulatory and technical sandboxes.
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SBP Releases Foreign Exchange Rates for December 5, 2023
KARACHI: The State Bank of Pakistan (SBP) has published the foreign exchange rates for customers on December 5, 2023.
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SBP Releases Foreign Exchange Rates for December 4, 2023
KARACHI: The State Bank of Pakistan (SBP) has published the foreign exchange rates for customers on December 4, 2023.
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State Bank of Pakistan Unlikely to Alter 22% Policy Rate, Survey Shows
Karachi, December 2, 2023 – A recent survey indicates that the State Bank of Pakistan (SBP) is unlikely to alter its existing policy rate of 22 percent in the upcoming Monetary Policy Committee (MPC) meeting scheduled for December 12, 2023.
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State Bank of Pakistan Assures 98% of Depositors Fully Protected
Karachi, December 1, 2023 – The State Bank of Pakistan (SBP) announced on Friday that a remarkable 98% of depositors in the country are fully protected, ensuring their financial security even in the unlikely event of a bank’s failure.
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