State Bank of Pakistan (SBP) on November 6, 2023, updated foreign currency exchange rates were issued, presenting significant insights for traders and the business community.
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SBP Declares Bank Holiday on Allama Iqbal Day
Karachi, November 4, 2023 – The State Bank of Pakistan (SBP) has officially announced a bank holiday scheduled for November 9, 2023, in observance of Allama Iqbal Day.
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State Bank of Pakistan Issues Foreign Currency Rates on November 3, 2023
Karachi, November 3, 2023: The State Bank of Pakistan (SBP) on Friday issued foreign currency rates for November 3, 2023.
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Arab Monetary Fund and Pakistan Forge Partnership to Boost Cross-Border Remittances
Karachi, November 3, 2023 – The Arab Monetary Fund (AMF) and Pakistan have inked a Memorandum of Understanding (MoU) for enhancing cross-border remittances.
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Pakistan’s Weekly Foreign Exchange Reserves Decrease by $78 Million
Karachi, November 2, 2023 – Pakistan’s foreign exchange reserves have witnessed a significant decline of $78 million in just one week, according to a report released by the State Bank of Pakistan (SBP) on Thursday.
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State Bank of Pakistan Issues Foreign Currency Rates on November 2, 2023
Karachi, November 2, 2023: The State Bank of Pakistan (SBP) on Thursday issued foreign currency rates for November 2, 2023.
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State Bank of Pakistan Issues Foreign Currency Rates on November 1, 2023
Karachi, November 1, 2023: The State Bank of Pakistan (SBP) on Wednesday issued foreign currency rates for November 1, 2023.
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CDC Enables Digital Purchase of Mutual Fund Units Through RAAST Payment
Karachi, November 01, 2023 – In a groundbreaking move, the Central Depository Company (CDC) has joined hands with the State Bank of Pakistan (SBP) to introduce a digital payment solution for investors, allowing them to purchase mutual fund units conveniently.
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State Bank of Pakistan Issues Foreign Currency Rates on October 31, 2023
Karachi, October 31, 2023: The State Bank of Pakistan (SBP) on Tuesday issued foreign currency rates for October 31, 2023.
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Pakistan Maintains Benchmark Interest Rate at 22% on Easing Inflation Expectations
Karachi, October 30, 2023 – Pakistan has chosen to uphold the benchmark interest rate at 22 percent, anticipating a substantial decline in inflation. In a statement released by the State Bank of Pakistan (SBP) on Monday, the Monetary Policy Committee (MPC) cited their outlook for a decreasing inflation trend.
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