Karachi, December 8, 2023 – The State Bank of Pakistan (SBP) has reported a notable decline in foreign remittances, revealing a 10 percent drop to $11.05 billion during the initial five months (July – November) of the current fiscal year 2023-2024.
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State Bank of Pakistan to Announce Benchmark Interest Rate on December 12, 2023
Karachi, December 8, 2023 – The State Bank of Pakistan (SBP) has declared that it will reveal the benchmark interest rate on December 12, 2023.
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SBP Releases Foreign Exchange Rates for December 8, 2023
KARACHI, December 8, 2023 – The State Bank of Pakistan (SBP) has unveiled the foreign exchange rates for customers on December 8, 2023.
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Pakistan Records $286 Million Decline in Weekly Foreign Exchange Reserves
Karachi, December 7, 2023 – Pakistan faced a significant setback in its economic indicators as it witnessed a substantial decline of $286 million in foreign exchange reserves for the week ending December 1, 2023.
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Government Bank Borrowing Surges by 154% in Current Fiscal Year
Karachi, December 7, 2023 – The government’s borrowing from banks has witnessed a substantial increase, surging by 154 percent during the first four months of the current fiscal year.
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SBP Releases Foreign Exchange Rates for December 7, 2023
KARACHI, December 7, 2023 – The State Bank of Pakistan (SBP) has unveiled the foreign exchange rates for customers on December 7, 2023.
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SBP Releases Foreign Exchange Rates for December 6, 2023
KARACHI, December 6, 2023 – The State Bank of Pakistan (SBP) has unveiled the foreign exchange rates for customers on December 6, 2023.
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State Bank of Pakistan Launches Raast Person to Merchant Service to Boost Digital Payments
Karachi, December 5, 2023 –The State Bank of Pakistan (SBP) officially unveiled the Raast Person to Merchant (P2M) Service on Tuesday for advancing digital payment solutions in Pakistan.
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