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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SBP Issues Foreign Exchange Rates as of 22 March 2024
Karachi, 22 March 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 22 March 2024.
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Pakistan Registers $240 Million Increase in Weekly Forex Reserves
Karachi, March 21, 2024 – Pakistan has seen a notable surge in its foreign exchange reserves, recording a $240 million increase for the week ended March 15, 2024.
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SBP Issues Foreign Exchange Rates as of 21 March 2024
Karachi, 21 March 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 21 March 2024.
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Government Borrows Rs 704 Billion in T-Bills March 20 Auction
Karachi, March 21, 2024 – In a surprising turn of events, the federal government has surpassed its borrowing target by a staggering margin in the Market Treasury Bills (MTBs) auction held on Wednesday, March 20, 2024.
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Foreign Direct Investment Plummets 17% in 8MFY24, Says SBP
Karachi, March 20, 2024 – The State Bank of Pakistan (SBP) announced on Wednesday that the foreign direct investment (FDI) into the country has witnessed a significant decline of 17.1 percent during the first eight months (July – February) of the fiscal year 2023-24.
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SBP Issues Foreign Exchange Rates as of 20 March 2024
Karachi, 20 March 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 20 March 2024.
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Pakistan’s CAD Shrinks 74% to $999M in 8MFY24
Karachi – Pakistan’s economic landscape shows promising signs as the country’s Current Account Deficit (CAD) has seen a substantial reduction by 74 percent, dwindling to $999 million during the initial eight months (July – February) of fiscal year 2023-24, according to recent data unveiled by the State Bank of Pakistan (SBP) on Tuesday.
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SBP Issues Foreign Exchange Rates as of 19 March 2024
Karachi, 19 March 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 19 March 2024.
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SBP Maintains Policy Rate at 22% Amid Inflation Uptick Risk
Karachi, March 18, 2024 – The State Bank of Pakistan (SBP) has announced the decision to maintain the benchmark policy rate at 22 percent, citing concerns about the risk of inflation uptick in the country.
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SBP Issues Foreign Exchange Rates as of 18 March 2024
Karachi, 18 March 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 18 March 2024.
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