The State Bank of Pakistan (SBP) has extended the effective implementation date of the International Financial Reporting Standards (IFRS) 9 for banks and development finance institutions (DFIs).
(more…)Tag: State Bank of Pakistan
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		 Pakistan’s foreign exchange reserves decline to $9.565 billion due to external repaymentPakistan’s foreign exchange reserves have declined by $195 million to $9.565 billion due to repayment of foreign debt, State Bank said on Thursday. (more…)
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		 SBP issues Rs50 commemorative coin to mark golden jubilee of ConstitutionState Bank of Pakistan (SBP) on Thursday announced to issue Rs50 commemorative coin to mark Golden Jubilee of the Constitutions 1973. (more…)
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		 SBP’s weighted average customer exchange rates on April 13, 2023KARACHI: The State Bank of Pakistan (SBP) on Thursday issued foreign exchange rates for April 13, 2023. READ MORE: Today foreign currency rates in PKR – April 13, 2023 The exchange rate is on the basis of weighted average rates of commercial banks. Following are the buying and selling of foreign currencies in Pakistan Rupee (PKR): CURRENCY BUYING SELLING UAE Dirham (AED) 77.5525 77.6629 Australian Dollar (AUD) 190.8969 191.2033 Canadian Dollar (CAD) 212.0317 212.3333 Swiss Franc (CHF) 317.3986 317.8582 Chinese Yuan (CNY) 41.4283 41.4809 Euro (EUR) 312.7853 313.2355 UK Pound (GBP) 355.4868 356.0064 Japanese Yen (JPY) 2.1361 2.1391 Saudi Riyal (SAR) 75.8590 75.9702 US Dollar (USD) 284.6199 285.0360 READ MORE: SBP’s weighted average customer exchange rates on April 12, 2023 
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		 Public awaits SBP’s decision on issuing fresh currency notes for Eid-ul-FitrKARACHI: As the end of Ramazan approaches, Pakistanis are eagerly anticipating the celebration of Eid-ul-Fitr, which involves the tradition of giving money as a gift to loved ones, especially children. (more…)
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		 Karachi Interbank Offered Rates KIBOR – April 12, 2023KARACHI: State Bank of Pakistan (SBP) on Wednesday issued the Karachi Interbank Offered Rates (KIBOR) as on April 12, 2023. (more…)
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		 SBP’s weighted average customer exchange rates on April 12, 2023KARACHI: The State Bank of Pakistan (SBP) on Wednesday issued foreign exchange rates for April 12, 2023. (more…)
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		 SBP revises instructions regarding retention of export proceedsState Bank of Pakistan (SBP) on April 11, 2023 revised the instructions regarding retention period of export proceeds with authorized dealers upon realization. (more…)
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		 Karachi Interbank Offered Rates KIBOR – April 11, 2023KARACHI: State Bank of Pakistan (SBP) on Tuesday issued the Karachi Interbank Offered Rates (KIBOR) as on April 11, 2023. (more…)
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		 SBP’s weighted average customer exchange rates on April 11, 2023KARACHI: The State Bank of Pakistan (SBP) on Tuesday issued foreign exchange rates for April 11, 2023. (more…)
