Karachi, February 6, 2026 – The SBP said on Friday that Pakistan’s total forex reserves stood at $21.339 billion as of January 31, 2026, compared with $21.293 billion a week earlier, marking an increase of $46 million.
(more…)Tag: State Bank of Pakistan
-
SBP releases latest interbank foreign exchange rates for February 6, 2026
Karachi, February 6, 2026 – The State Bank of Pakistan (SBP) has released the updated interbank foreign exchange rates for Friday, February 6, 2026, providing crucial guidance for banking consumers, traders, and businesses across the country.
(more…) -
SBP governor rules out newly designed currency notes for Eid
Karachi, February 6, 2026 – Jameel Ahmad, the Governor of the State Bank of Pakistan (SBP), has confirmed that newly designed currency notes will not be available this Eid-ul-Fitr. Speaking with senior journalists, he also shared updates on interest rates, remittances, exports, and digital finance initiatives.
(more…) -
SBP to introduce carrot-and-stick policy for asset recovery
Karachi, February 5, 2026 – The State Bank of Pakistan (SBP) is preparing to roll out a comprehensive “carrot and stick” policy aimed at strengthening asset recovery in cases of financial crimes, including corruption and money laundering, according to official documents.
(more…) -
SBP releases interbank currency exchange rates for February 4, 2026
Karachi, February 4, 2026 – The State Bank of Pakistan (SBP) has published the daily interbank currency exchange rates for Wednesday, February 4, 2026, providing updated information for banking consumers and businesses.
(more…) -
SBP issues updated interbank currency exchange rates for February 3, 2026
Karachi, February 3, 2026 – The State Bank of Pakistan (SBP) on Tuesday released the latest interbank currency exchange rates to provide guidance to banks, importers, exporters, and the general public regarding prevailing foreign exchange market conditions.
(more…) -
Private sector bank borrowing plunges 39% in 7MFY26 despite SBP rate cut
Karachi, February 2, 2026 – Bank borrowing by Pakistan’s private sector fell sharply by 39% during the first seven months of the current fiscal year (July 2025–January 2026), despite a substantial cut in the State Bank of Pakistan (SBP) benchmark interest rate, according to data released on Monday.
(more…) -
SBP Announces Interbank Foreign Currency Rates for February 2, 2026
Karachi, February 2, 2026 – The State Bank of Pakistan (SBP) has released the updated interbank foreign currency rates for Monday, February 2, 2026, to guide banking consumers and facilitate smooth currency transactions. These rates serve as a benchmark for commercial banks and businesses involved in foreign exchange operations.
(more…) -
SBP instructs banks to support FBR tax collection on January 31
Karachi, January 30, 2026 — The State Bank of Pakistan (SBP) on Friday directed all commercial banks to facilitate tax collection by the Federal Board of Revenue (FBR) by observing extended working hours on Saturday, January 31, 2026.
(more…) -
SBP Publishes Daily Interbank Foreign Exchange Rates for January 30, 2026
Karachi, January 30, 2026 – The State Bank of Pakistan (SBP) on Friday released the official daily interbank foreign exchange rates to keep banks, businesses, and the general public informed about prevailing currency trends in the local market.
(more…)