Karachi, October 23, 2023 – In a significant move aimed at boosting the country’s information technology sector, Pakistan announced the removal of restrictions on foreign payments made by the IT industry.
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Get the latest State Bank of Pakistan (SBP) news, monetary policy updates, exchange rates, banking regulations, and economic insights.
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SBP Releases Foreign Currency Rates in Pakistan for October 23, 2023
Karachi, October 23, 2023: The State Bank of Pakistan (SBP) on Monday issued foreign currency rates for October 23, 2023.
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SBP Facilitates Freelancers with Exporters’ Special Foreign Currency Account
Karachi, October 23, 2023 – The State Bank of Pakistan (SBP) has introduced a significant initiative to support the growing community of freelancers in the country by launching the Exporters’ Special Foreign Currency Account (ESFCA).
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SBP Releases Foreign Currency Rates in Pakistan for October 20, 2023
Karachi, October 20, 2023: The State Bank of Pakistan (SBP) on Friday issued foreign currency rates for October 20, 2023.
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Pakistan Reports 58% Contraction in Current Account Deficit in 1QFY24
Karachi, October 19, 2023 – Pakistan has reported a substantial contraction in its current account deficit (CAD), with a remarkable 58 percent reduction during the first quarter of fiscal year 2023-24.
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SBP Weekly Foreign Exchange Reserves Increase by $67 Million
Karachi, October 19, 2023 – The State Bank of Pakistan (SBP) has reported a noteworthy increase in its weekly foreign exchange reserves, providing a glimmer of positive news amidst concerns about the country’s overall foreign exchange situation.
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SBP Releases Foreign Currency Rates in Pakistan for October 19, 2023
Karachi, October 19, 2023: The State Bank of Pakistan (SBP) on Thursday issued foreign currency rates for October 19, 2023.
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SBP Releases Foreign Currency Rates in Pakistan for October 18, 2023
Karachi, October 18, 2023: The State Bank of Pakistan (SBP) on Wednesday issued foreign currency rates for October 18, 2023.
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SBP Releases Foreign Currency Rates in Pakistan for October 17, 2023
Karachi, October 17, 2023: The State Bank of Pakistan (SBP) on Tuesday issued foreign currency rates for October 17, 2023.
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Bank Deposits Soar to New Record High at Rs 26.32 Trillion
Karachi, October 16, 2023 – Official data released on Monday has revealed that bank deposits in Pakistan have achieved an unprecedented milestone, reaching a new record high of Rs 26.32 trillion by the end of September 2023.
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