Tag: State Bank of Pakistan
Get the latest State Bank of Pakistan (SBP) news, monetary policy updates, exchange rates, banking regulations, and economic insights.
-
SBP Issues Foreign Exchange Rates as of April 15, 2024
Today, April 15, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
Written by
-
Pakistan Repays $1 Billion Towards International Bonds
Pakistan has successfully completed the repayment of $1 billion towards its International Bond on April 12, 2024, as announced by the State Bank of Pakistan (SBP) on Saturday.
Written by
-
Pakistan Faces 4.8% Drop in Registered Prize Bond Investments
In a concerning development for Pakistan’s financial landscape, data released by the State Bank of Pakistan (SBP) reveals a notable 4.8 percent decline in registered prize bond investments by the end of February 2024 compared to the same period the previous year.
Written by
-
Govt Borrowing Skyrockets by 138% to Rs 4.84 Trillion in 9MFY24
Karachi, April 11, 2024 – Official data reveals a staggering surge in government borrowing from the banking system, soaring to Rs 4.84 trillion during the initial nine months (July – March) of the fiscal year 2023-24.
Written by
-
SBP Issues Foreign Exchange Rates as of April 9, 2024
Today, April 09, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
Written by
-
Pakistan Remittances Surge by 31% MoM in March 2024
Karachi, April 8, 2024 – Pakistan has witnessed a significant surge of 31 percent in remittances on a month-on-month (MoM) basis in March 2024.
Written by
-
SBP Issues Foreign Exchange Rates as of April 8, 2024
Today, April 08, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
Written by
-
SBP Directs Banks to Open Accounts for BISP Beneficiaries
Karachi, April 8, 2024 – The State Bank of Pakistan (SBP) has issued directives to banks to open bank accounts for beneficiaries of the Benazir Income Support Program (BISP), aiming to streamline the disbursement process of financial assistance directly into their accounts.
Written by
-
Banks Close 3 Days for Eid-ul-Fitr 2024: Plan Your Transactions
As the joyous occasion of Eid-ul-Fitr approaches, citizens in Pakistan are reminded to plan their financial transactions in advance due to the closure of banks for three consecutive days.
Written by
-
SBP Unveils Ambitious Quarterly Government Borrowing Plan
The State Bank of Pakistan (SBP) has revealed an ambitious plan for government borrowing from banks, aiming to secure approximately Rs 5 trillion during the last quarter of the fiscal year 2023-24.
Written by