KARACHI: The State Bank of Pakistan (SBP) on Wednesday issued foreign exchange rates for April 19, 2023.
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SBP’s weighted average customer exchange rates on April 18, 2023
KARACHI: The State Bank of Pakistan (SBP) on Tuesday issued foreign exchange rates for April 18, 2023.
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SBP’s weighted average customer exchange rates on April 17, 2023
The State Bank of Pakistan (SBP) released official foreign exchange rates for April 17, 2023, based on the weighted average rates quoted by commercial banks. These rates serve as a benchmark for currency conversion and are crucial for importers, exporters, and individuals engaged in foreign exchange transactions.
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Pakistan extends deadline for redemption of unregistered prize bonds until June 30, 2023
The State Bank of Pakistan (SBP) announced Monday that the Federal Government has extended the deadline for redemption of unregistered prize bonds until June 30, 2023.
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SBP directs banks to formulate digital fraud prevention policy to protect account holders
The State Bank of Pakistan (SBP) has issued new policy guidelines for banks in the country, instructing them to formulate a digital fraud prevention policy to safeguard their customers’ accounts.
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SBP’s weighted average customer exchange rates on April 14, 2023
KARACHI: The State Bank of Pakistan (SBP) on Friday issued foreign exchange rates for April 14, 2023.
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Supreme Court orders SBP to release funds for elections
The Supreme Court of Pakistan Friday directed the State Bank of Pakistan to release Rs21 billion in funds to the Election Commission of Pakistan (ECP) for holding elections for the Punjab Assembly.
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SBP announces bank holidays for Eid-ul-Fitr 2023
KARACHI: State Bank of Pakistan (SBP) on Friday announced bank holidays for Eid-ul-Fitr from April 21 to 25, 2023 (Friday to Tuesday).
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Pakistan raises benchmark rate to 21% to tackle economic challenges: SBP
The State Bank of Pakistan (SBP) has raised its benchmark policy rate by a significant 1400 basis points to 21 per cent over the past 18 months to address the economic challenges being faced by the country.
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Pakistan’s banking sector exposed to sovereign borrowing
Pakistan’s banking sector is facing growing risks due to its increasing exposure to the government, according to a report issued by the World Bank.
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