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 Deposits Soar to Historic High of Rs 27.89 Trillion in Pakistan
Karachi, March 12, 2024 – Official data released on Tuesday reveals that bank deposits in Pakistan have surged to an unprecedented high of Rs 27.89 trillion by the end of February 2024.
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State Bank of Pakistan Notifies Bank Timings for Ramadan 2024
Karachi, March 11, 2024 – As the holy month of Ramadan approaches, the State Bank of Pakistan (SBP) has officially released the schedule for bank timings during this sacred period.
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SBP Issues Foreign Exchange Rates as of 11 March 2024
Karachi, 11 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 11 March 2024.
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SBP Declares Bank Holiday on 1st Ramadan for Zakat Deduction
Karachi, March 8, 2024 – The State Bank of Pakistan (SBP) announced on Friday that it will observe a bank holiday on the 1st day of Ramadan-ul-Mubarak, 1445 A.H., for the purpose of the annual Zakat deduction.
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Workers’ Remittances into Pakistan Grow 13% in February 2024
Karachi, March 8, 2024 – The State Bank of Pakistan (SBP) reported a substantial 13 percent Year-on-Year (YoY) growth in workers’ remittances to Pakistan in February 2024.
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SBP Issues Foreign Exchange Rates as of 8 March 2024
Karachi, 8 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 8 March 2024.
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SBP Witnesses $54 Million Decline in Weekly Forex Reserves
Karachi, March 7, 2024 – The State Bank of Pakistan (SBP) announced a notable decrease of $54 million in its weekly foreign exchange reserves, according to an official statement released on Thursday.
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SBP Issues Foreign Exchange Rates as of 7 March 2024
Karachi, 7 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 7 March 2024.
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SBP Auctions Rs 527 Billion T-Bills with Strong Bank Participation
Karachi, March 6, 2024 – The State Bank of Pakistan (SBP) achieved a significant milestone on Wednesday by successfully selling market treasury bills worth Rs 527 billion in an auction, surpassing the initial target of Rs 225 billion.
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SBP Governor Inaugurates SAARCFINANCE Seminar
Karachi, March 6, 2024 – The State Bank of Pakistan (SBP) Governor, Jameel Ahmad, spearheaded the opening session of the SAARCFINANCE Seminar in Islamabad, focusing on the ‘Potential Role of Big Data in Economic Policy.’
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