Karachi, June 22, 2023: The State Bank of Pakistan (SBP) on Thursday issued foreign exchange rates for June 22, 2023.
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State Bank Revises Regulations to Enhance Scope of Electronic Money Institutions
Karachi, June 22, 2023 – The State Bank of Pakistan (SBP) has announced revised regulations for Electronic Money Institutions (EMIs) in order to broaden the outreach and scope of these innovative fintech-enabled payment companies.
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SBP Issues Warning Against Unauthorized Digital Lending Mobile Apps
Karachi, June 22, 2023 – The State Bank of Pakistan (SBP) has recently raised concerns regarding the usage of unlicensed and unauthorized digital lending mobile applications and platforms that are utilizing banking channels for loan disbursement, collection, and creditworthiness checks by integrating with customers’ bank accounts.
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SBP’s weighted average customer exchange rates on June 21, 2023
Karachi, June 21, 2023: The State Bank of Pakistan (SBP) on Wednesday issued foreign exchange rates for June 21, 2023.
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Possibility of Deadline Extension for Exchanging Bearer Prize Bonds beyond June 30
Karachi, June 20, 2023: The government of Pakistan is considering extending the deadline for exchanging bearer prize bonds beyond June 30, 2023, as the last two days of the deadline coincide with public holidays.
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SBP’s weighted average customer exchange rates on June 20, 2023
Karachi, June 19, 2023: The State Bank of Pakistan (SBP) on Tuesday issued foreign exchange rates for June 20, 2023.
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Pakistan’s Current Account Deficit Shrinks by 81% in 11MFY23
KARACHI: Pakistan’s current account deficit witnessed a significant reduction of 81 percent during the first eleven months (July – May) of the fiscal year 2022-23, compared to the same period in the previous fiscal year.
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SBP Directs Banks to Extend Sunday Operations for Convenient Tax Payment
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.
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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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