Karachi, October 27, 2023: The State Bank of Pakistan (SBP) on Friday issued foreign currency rates for October 27, 2023.
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Pakistan Witnesses Drop in Foreign Exchange Reserves by $257 Million
Karachi, October 26, 2023 – Pakistan has witnessed a drop in foreign exchange reserves by $257 million on a weekly basis, as reported in an official statement issued on Thursday.
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SBP Makes Biometric Verification Mandatory for All Branchless Banking Transactions
Karachi, October 26, 2023 – The State Bank of Pakistan (SBP) has taken a significant step to combat money laundering and terrorist financing by making biometric verification mandatory for all branchless banking (BB) transactions.
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SBP Releases Foreign Currency Rates in Pakistan for October 26, 2023
Karachi, October 26, 2023 – The State Bank of Pakistan (SBP) on Thursday released the official foreign currency exchange rates, effective for October 26, 2023. These rates are based on the weighted average of transactions conducted by commercial banks across the country and are published daily to ensure transparency and consistency in the market.
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SBP Releases Foreign Currency Rates in Pakistan for October 25, 2023
Karachi, October 25, 2023: The State Bank of Pakistan (SBP) on Wednesday issued foreign currency rates for October 25, 2023.
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SBP Updates List of Eligible Audit Firms for Banks and Financial Institutions
KARACHI, October 25, 2023 – The State Bank of Pakistan (SBP) has recently made updates to the list of eligible audit firms for conducting audits of banks and financial institutions.
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SBP Penalizes Four Commercial Banks with Rs 83.16 Million for Regulatory Violations
Karachi, October 24, 2023 – The State Bank of Pakistan (SBP) has taken strict measures against four commercial banks, imposing a total monetary penalty of Rs 83.16 million due to regulatory violations.
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SBP Releases Foreign Currency Rates in Pakistan for October 24, 2023
Karachi, October 24, 2023: The State Bank of Pakistan (SBP) on Tuesday issued foreign currency rates for October 24, 2023.
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Pakistan Witnesses Significant Increase in Labor Migration: State Bank Report
KARACHI, October 24, 2023 – Pakistan has experienced a noteworthy surge in labor migration over the past two fiscal years, according to a report released by the State Bank of Pakistan (SBP) on October 23, 2023.
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Tax-to-GDP Ratio Falls to 8.5% in FY23 from Previous 9.2%: State Bank
Karachi, October 23, 2023 – The tax-to-GDP ratio in Pakistan has declined to 8.5 percent in the fiscal year 2022-23, down from the previous year’s 9.2 percent, according to official data revealed on Monday.
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