Karachi, June 23, 2023 – In a significant move aimed at bolstering its economy, Pakistan has officially withdrawn the ban on payments for the import of goods.
(more…)Tag: State Bank of Pakistan
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SBP’s weighted average customer exchange rates on June 23, 2023
Karachi, June 22, 2023: The State Bank of Pakistan (SBP) on Friday issued foreign exchange rates for June 23, 2023.
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Pakistan’s Foreign Exchange Reserves Plunge by $514 Million, Raising Concerns
Karachi, June 22, 2023 – Pakistan’s foreign exchange reserves have experienced a significant decline, dropping by $514 million over the past week, according to the State Bank of Pakistan (SBP).
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SBP’s weighted average customer exchange rates on June 22, 2023
Karachi, June 22, 2023: The State Bank of Pakistan (SBP) on Thursday issued foreign exchange rates for June 22, 2023.
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State Bank Revises Regulations to Enhance Scope of Electronic Money Institutions
Karachi, June 22, 2023 – The State Bank of Pakistan (SBP) has announced revised regulations for Electronic Money Institutions (EMIs) in order to broaden the outreach and scope of these innovative fintech-enabled payment companies.
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SBP Issues Warning Against Unauthorized Digital Lending Mobile Apps
Karachi, June 22, 2023 – The State Bank of Pakistan (SBP) has recently raised concerns regarding the usage of unlicensed and unauthorized digital lending mobile applications and platforms that are utilizing banking channels for loan disbursement, collection, and creditworthiness checks by integrating with customers’ bank accounts.
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SBP’s weighted average customer exchange rates on June 21, 2023
Karachi, June 21, 2023: The State Bank of Pakistan (SBP) on Wednesday issued foreign exchange rates for June 21, 2023.
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Possibility of Deadline Extension for Exchanging Bearer Prize Bonds beyond June 30
Karachi, June 20, 2023: The government of Pakistan is considering extending the deadline for exchanging bearer prize bonds beyond June 30, 2023, as the last two days of the deadline coincide with public holidays.
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SBP’s weighted average customer exchange rates on June 20, 2023
Karachi, June 19, 2023: The State Bank of Pakistan (SBP) on Tuesday issued foreign exchange rates for June 20, 2023.
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Pakistan’s Current Account Deficit Shrinks by 81% in 11MFY23
KARACHI: Pakistan’s current account deficit witnessed a significant reduction of 81 percent during the first eleven months (July – May) of the fiscal year 2022-23, compared to the same period in the previous fiscal year.
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