Karachi, September 18, 2023: The State Bank of Pakistan (SBP) on Monday issued foreign currency rates for September 18, 2023.
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State Bank Suspends Exchange Company Authorization in Ongoing Crackdown
Karachi, September 15, 2023 – In a continued effort to combat illegal foreign currency transactions, the State Bank of Pakistan (SBP) announced on Friday the suspension of authorization for an exchange company.
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Karachi Interbank Offered Rates KIBOR – September 15, 2023
KARACHI: State Bank of Pakistan (SBP) on Friday issued the Karachi Interbank Offered Rates (KIBOR) as on September 15, 2023.
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SBP Releases Foreign Currency Rates in Pakistan for September 15, 2023
Karachi, September 15, 2023: The State Bank of Pakistan (SBP) on Friday issued foreign currency rates for September 15, 2023.
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Foreign Direct Investment Increases by 16.1% in July-August FY24
Karachi, September 14, 2023 – Foreign Direct Investment (FDI) in Pakistan has demonstrated a robust increase of 16.1 percent during the first two months of the fiscal year 2023-24, according to data released by the State Bank of Pakistan (SBP) on Thursday.
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Pakistan Needs $24 Billion for Foreign Repayment in FY24
Karachi, September 14, 2023 – The governor of the State Bank of Pakistan (SBP) has revealed that Pakistan will require $24 billion for foreign repayment during the fiscal year 2023-24.
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Pakistan’s Current Account Deficit Shrinks by 54% in First Two Months of FY24
Karachi, September 14, 2023 – Pakistan’s current account deficit (CAD) has seen a substantial reduction of 54 percent during the first two months of the fiscal year 2023-24, according to data from the State Bank of Pakistan (SBP).
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SBP Reports $140 Million Decline in Official Foreign Exchange Reserves
Karachi, September 14, 2023 – The State Bank of Pakistan (SBP) has disclosed a decrease of $140 million in its official foreign exchange reserves for the week ending September 8, 2023.
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SBP Surprises Markets by Keeping Benchmark Policy Rate Unchanged at 22%
Karachi, September 14, 2023 – In a surprising move, the State Bank of Pakistan (SBP) announced on Thursday that it would maintain the benchmark policy rate at the existing level of 22 percent, contrary to various forecasts of an anticipated rate hike.
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SBP Releases Foreign Currency Rates in Pakistan for September 14, 2023
Karachi, September 14, 2023: The State Bank of Pakistan (SBP) on Thursday issued foreign currency rates for September 14, 2023.
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