Karachi, 6th February 2024 – The Pakistani Rupee (PKR) saw a marginal decline, closing at PKR 279.42 against the US dollar in the interbank foreign exchange market on Tuesday.
(more…)Tag: State Bank of Pakistan
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SBP Issues Foreign Exchange Rates on February 6, 2024
Karachi, February 6, 2024 – Today, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions on February 6, 2024.
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JS Bank Fined Rs 45.51 Million by SBP for Regulatory Violations
Karachi, February 5, 2024 – JS Bank, a prominent financial institution in Pakistan, has incurred a monetary penalty of Rs 45.51 million for regulatory violations during the calendar year 2023.
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SBP Issues Foreign Exchange Rates on February 2, 2024
Karachi, February 2, 2024 – Today, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions on February 2, 2024.
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SBP Slaps Meezan Bank with Rs 82.74 Million Regulatory Penalty
Karachi, February 2, 2024 – The State Bank of Pakistan (SBP) has imposed a regulatory penalty of Rs 82.74 million on Meezan Bank Limited, citing violations of regulatory instructions for the quarters ended June 2023 and December 2023.
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Pakistan Witnesses $78 Million Decline in Weekly Forex Reserves
Pakistan faces a concerning economic setback as official data from the State Bank of Pakistan (SBP) reveals a significant decline of $78 million in the country’s weekly foreign exchange reserves.
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SBP Issues Foreign Exchange Rates on February 1, 2024
Karachi, February 1, 2024 – Today, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions on February 1, 2024.
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SBP Issues Foreign Exchange Rates on January 31, 2024
Karachi, January 31, 2024 – Today, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions on January 31, 2024.
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SBP Announces Rs1 Million Prize for Banknote Art Competition
State Bank of Pakistan (SBP) has announced an exciting opportunity for artists with a generous Rs1,000,000 Grand Prize in its Art Competition for the upcoming New Banknote Series.
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SBP Slaps Rs 140.69M Regulatory Penalty on United Bank Limited
Karachi, January 31, 2024 – The State Bank of Pakistan (SBP) has taken stern action against United Bank Limited (UBL), imposing a regulatory penalty amounting to Rs 140.69 million for alleged violations of regulatory instructions throughout the calendar year 2023.
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