Karachi, October 10, 2023 – Pakistan has experienced a significant 20 percent decline in foreign remittances during the first quarter (July – September) of fiscal year 2023-24.
(more…)Tag: State Bank of Pakistan
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SBP Releases Foreign Currency Rates in Pakistan for October 10, 2023
Karachi, October 10, 2023: The State Bank of Pakistan (SBP) on Tuesday issued foreign currency rates for October 10, 2023.
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SBP Releases Foreign Currency Rates in Pakistan for October 9, 2023
Karachi, October 9, 2023: The State Bank of Pakistan (SBP) unveiled the foreign currency rates for October 9, 2023, providing a snapshot of the exchange rates against the Pakistani Rupee (PKR) based on the weighted average rates of commercial banks.
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SBP Releases Foreign Currency Rates in Pakistan for October 6, 2023
Karachi, October 6, 2023: The State Bank of Pakistan (SBP) on Friday issued foreign currency rates for October 6, 2023.
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Pakistan’s External Debt Surges 39% Year-on-Year in August 2023
Karachi, October 5, 2023 – Pakistan’s external debt has experienced a staggering 39 percent year-on-year increase in August 2023, primarily attributed to a significant depreciation of the Pakistani rupee against the US dollar during this period.
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Pakistan’s Foreign Exchange Reserves Decrease to $13.03 Billion
Karachi, October 5, 2023 – Pakistan’s foreign exchange reserves have witnessed a decline, falling to $13.03 billion, as revealed by official data released by the central bank on Thursday.
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SBP Releases Foreign Currency Rates in Pakistan for October 5, 2023
Karachi, October 5, 2023: The State Bank of Pakistan (SBP) on Thursday issued foreign currency rates for October 5, 2023.
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SBP Reaffirms Bank Depositor Safety Through Insurance Cover
Karachi, October 5, 2023 – The State Bank of Pakistan (SBP) has reiterated that bank depositors in the country are fully protected through insurance coverage, addressing concerns raised in certain media reports.
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State Bank of Pakistan Sells T-Bills Worth Rs 557 Billion in High Bank Participation
Karachi, October 4, 2023 – The State Bank of Pakistan (SBP) successfully conducted an auction of Market Treasury Bills (MTBs), selling T-bills worth Rs 557 billion.
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SBP Releases Foreign Currency Rates in Pakistan for October 4, 2023
Karachi, October 4, 2023: The State Bank of Pakistan (SBP) on Wednesday issued foreign currency rates for October 4, 2023.
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