The State Bank of Pakistan (SBP) has issued a directive to commercial banks, instructing them to extend their operating hours on Sunday, June 24, 2023. This move comes in response to a request from the Federal Board of Revenue (FBR) and is aimed at facilitating the payment of duties and taxes by taxpayers.
(more…)Tag: State Bank of Pakistan
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SBP’s weighted average customer exchange rates on June 19, 2023
Karachi, June 19, 2023: The State Bank of Pakistan (SBP) on Monday issued foreign exchange rates for June 19, 2023.
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Pakistan Takes Significant Step Towards Implementing Riba-Free Banking System
State Bank of Pakistan works towards Sharia-compliant financial system
Karachi, June 19, 2023: In a significant move that aligns with Islamic teachings, Pakistan is on the verge of implementing a Riba-free banking system in the country.
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Karachi Interbank Offered Rates KIBOR – June 16, 2023
KARACHI: State Bank of Pakistan (SBP) on Friday issued the Karachi Interbank Offered Rates (KIBOR) as on June 16, 2023.
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SBP’s weighted average customer exchange rates on June 16, 2023
Karachi, June 16, 2023: The State Bank of Pakistan (SBP) on Friday issued foreign exchange rates for June 16, 2023.
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Karachi Interbank Offered Rates KIBOR – June 15, 2023
KARACHI: State Bank of Pakistan (SBP) on Thursday issued the Karachi Interbank Offered Rates (KIBOR) as on June 15, 2023.
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Pakistan’s Foreign Exchange Reserves Increase by $43 Million
Karachi, June 15, 2023: Pakistan’s foreign exchange reserves saw a modest increase of $43 million for the week ending June 9, 2023, according to the State Bank of Pakistan (SBP).
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SBP’s weighted average customer exchange rates on June 15, 2023
Karachi, June 15, 2023: The State Bank of Pakistan (SBP) on Thursday issued foreign exchange rates for June 15, 2023.
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Time is Running Out: Last 15 Days to Redeem Bearer Prize Bonds
Karachi, June 15, 2023 – The State Bank of Pakistan (SBP) has issued a reminder to investors holding bearer prize bonds, stating that they have only 15 days left to redeem their bonds.
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SBP’s weighted average customer exchange rates on June 14, 2023
KARACHI: The State Bank of Pakistan (SBP) on Wednesday issued foreign exchange rates for June 14, 2023. The exchange rate is on the basis of weighted average rates of commercial banks.
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