Karachi, August 10, 2023 – Pakistan’s latest foreign exchange reserves have experienced a notable decline, reaching $13.34 billion for the week ending on August 4, 2023, as reported by the State Bank of Pakistan (SBP) on Thursday.
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Remittances from UAE into Pakistan plummet by 31% in July 2023
Karachi, August 10, 2023 – The State Bank of Pakistan (SBP) has reported a significant drop in remittances from Pakistani workers in the United Arab Emirates (UAE) during the month of July 2023, revealing a concerning decline of 31 percent compared to the same period in the previous year.
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State Bank Issues Foreign Exchange Rates in Pakistan for August 10, 2023
Karachi, August 10, 2023: The State Bank of Pakistan (SBP) on Thursday issued foreign exchange rates for August 10, 2023.
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Agricultural Loans Reach Record Rs 1.78 Trillion in FY23
Karachi, August 9, 2023 – Financial institutions in Pakistan have disbursed a record-breaking Rs 1.78 trillion in agricultural financing during the fiscal year 2022-2023 (FY23). This amount represents an impressive growth of over 25% compared to the Rs 1.41 trillion disbursed in the previous fiscal year, FY22.
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Record High Bank Deposits Reach Rs25.70 Trillion in Pakistan
Karachi, August 9, 2023 – Deposits in commercial banks in Pakistan have reached an all-time high of Rs25.70 trillion by the end of July 2023, driven by the country’s highest interest rates.
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State Bank Issues Foreign Exchange Rates in Pakistan for August 09, 2023
Karachi, August 09, 2023: The State Bank of Pakistan (SBP) on Wednesday issued foreign exchange rates for August 09, 2023.
The exchange rate is on the basis of weighted average rates of commercial banks.Following are the buying and selling of foreign currencies in Pakistan Rupee (PKR):
CURRENCY BUYING SELLING UAE Dirham (AED) 78.2322 78.3385 Australian Dollar (AUD) 188.4283 188.6936 Canadian Dollar (CAD) 214.1228 214.4248 Swiss Franc (CHF) 328.6431 329.1148 Chinese Yuan (CNY) 39.8581 39.9068 Euro (EUR) 315.1817 315.6358 UK Pound (GBP) 366.7112 367.2412 Japanese Yen (JPY) 2.0064 2.0093 Saudi Riyal (SAR) 76.5553 76.6614 US Dollar (USD) 287.1462 287.5623 State Bank Issues Foreign Exchange Rates in Pakistan for August 08, 2023
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State Bank Issues Foreign Exchange Rates in Pakistan for August 08, 2023
Karachi, August 08, 2023: The State Bank of Pakistan (SBP) on Tuesday issued foreign exchange rates for August 08, 2023.
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Bank Holiday Declared to Celebrate Independence Day
Karachi, August 7, 2023 – On August 14, 2023, there will be a special holiday for all banks in Pakistan. The holiday is to celebrate Independence Day, which is an important day for the country.
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State Bank Issues Foreign Exchange Rates in Pakistan for August 07, 2023
Karachi, August 07, 2023: The State Bank of Pakistan (SBP) on Monday issued foreign exchange rates for August 07, 2023.
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State Bank Issues Foreign Exchange Rates in Pakistan for August 04, 2023
Karachi, August 04, 2023: The State Bank of Pakistan (SBP) on Friday issued foreign exchange rates for August 04, 2023.
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