Tag: State Bank of Pakistan
Get the latest State Bank of Pakistan (SBP) news, monetary policy updates, exchange rates, banking regulations, and economic insights.
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Bank holiday Announced for May 1, 2024
Karachi, April 29, 2024 – In alignment with the national observance of Labor Day, the State Bank of Pakistan (SBP) has officially declared a bank holiday on May 1, 2024.
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SBP Calls for Unpopular but Necessary Economic Measures
KARACHI: In a candid address during the Members Convocation of the Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan), Jameel Ahmad, Governor of the State Bank of Pakistan (SBP), stressed the urgent need for unpopular yet necessary measures to bolster the nation’s economy.
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State Bank of Pakistan Likely to Maintain 22% Policy Rate
Karachi, April 27, 2024 – Financial circles are abuzz as the State Bank of Pakistan (SBP) is widely anticipated to hold its policy rate steady at 22 percent in the forthcoming monetary policy announcement scheduled for April 29, 2024.
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SBP Issues Foreign Exchange Rates as of April 26, 2024
Today, April 26, 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 Total Forex Reserves Dip to $13.28 Billion
Karachi, April 25, 2024 – Pakistan’s total foreign exchange reserves have experienced a notable decline, settling at $13.28 billion, as revealed by the latest figures from the State Bank of Pakistan (SBP).
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SBP Issues Foreign Exchange Rates as of April 25, 2024
Today, April 25, 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 as of April 24, 2024
Today, April 24, 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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Record Govt Borrowing Highlights Pakistan’s Economic Challenges
In a striking development for Pakistan’s economy, government borrowing has hit an unprecedented high of Rs 5.301 trillion for the fiscal period from July 1, 2023, to April 12, 2024.
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SBP Issues Foreign Exchange Rates as of April 23, 2024
Today, April 23, 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 Posts $619 Million Current Account Surplus in March 2024
Karachi, April 22, 2024 – In a remarkable economic turn, Pakistan has registered a current account surplus of $619 million for the month of March 2024, as announced by the State Bank of Pakistan (SBP) on Monday.
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