Karachi, November 26, 2023 – The State Bank of Pakistan (SBP) has declared its intention to implement a flexible inflation targeting regime. This decision, outlined in the recently released five-year plan, underscores the SBP’s commitment to prioritizing price stability as the primary objective of monetary policy.
(more…)Tag: State Bank of Pakistan
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SBP Releases Foreign Exchange Rates for November 24, 2023
KARACHI: The State Bank of Pakistan (SBP) has published the foreign exchange rates for customers on November 24, 2023.
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SBP Records $217 Million Dip in Forex Reserves Amidst External Debt Payments
Karachi, November 23, 2023 – The State Bank of Pakistan (SBP) has reported a decline of $217 million in its weekly foreign exchange reserves, attributing the decrease to the country’s external debt payments.
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SBP Releases Foreign Exchange Rates for November 23, 2023
KARACHI: The State Bank of Pakistan (SBP) has published the foreign exchange rates for customers on November 23, 2023.
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SBP Releases Foreign Exchange Rates for November 22, 2023
KARACHI: The State Bank of Pakistan (SBP) has published the foreign exchange rates for customers on November 22, 2023.
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SBP Releases Foreign Exchange Rates for November 21, 2023
KARACHI: The State Bank of Pakistan (SBP) has published the foreign exchange rates for customers on November 21, 2023.
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Current Account Deficit Contracts Significantly by 66% in 4MFY24
Karachi, November 20, 2023 – The Current Account Deficit (CAD) has experienced a remarkable contraction of 66 percent during the first four months (July – October) of the fiscal year 2023-24, according to data released by the State Bank of Pakistan (SBP).
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SBP Releases Foreign Exchange Rates for November 20, 2023
KARACHI: The State Bank of Pakistan (SBP) has published the foreign exchange rates for customers on November 20, 2023.
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SBP Unveils Ambitious Five-Year Plan for Sharia-Compliant Banking System
Karachi, November 17, 2023 – The State Bank of Pakistan (SBP) has announced an extensive five-year strategic plan aimed at transitioning the current conventional banking system into a Sharia-compliant financial system for the country.
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