As the monetary policy committee prepares for its upcoming meeting on June 12, 2023, market expectations lean towards the State Bank of Pakistan (SBP) maintaining the policy rate at the current level of 21%.
(more…)Tag: State Bank of Pakistan
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Karachi Interbank Offered Rates KIBOR – June 02, 2023
KARACHI: State Bank of Pakistan (SBP) on Friday issued the Karachi Interbank Offered Rates (KIBOR) as on June 02, 2023.
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Majority Expects Unchanged Policy Rate in Upcoming SBP Announcement
In a recent poll conducted by Topline Securities, market participants have expressed their expectations regarding the State Bank of Pakistan’s (SBP) upcoming monetary policy announcement.
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SBP’s weighted average customer exchange rates on June 02, 2023
KARACHI: The State Bank of Pakistan (SBP) on Friday issued foreign exchange rates for June 02, 2023. The exchange rate is on the basis of weighted average rates of commercial banks.
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Pakistan’s Foreign Exchange Reserves Decline to $9.513 Billion
Pakistan’s foreign exchange reserves have experienced a decline of $218 million, reaching $9.513 billion by the week ended May 26, 2023, according to a statement by the central bank.
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Pakistani Government Extends Deadline for Redemption of Prize Bonds
The Pakistani government has announced an extended deadline for the redemption of certain prize bonds, giving the public another opportunity to encash their bonds.
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Karachi Interbank Offered Rates KIBOR – June 01, 2023
Karachi, June 1, 2023 – The State Bank of Pakistan (SBP) announced the latest Karachi Interbank Offered Rates (KIBOR) for June 1, 2023. The KIBOR rates, which serve as a benchmark for lending between banks, are essential indicators for the financial markets and influence a variety of financial instruments and lending products across the economy.
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SBP’s weighted average customer exchange rates on June 01, 2023
KARACHI: The State Bank of Pakistan (SBP) on Thursday issued foreign exchange rates for June 01, 2023. The exchange rate is on the basis of weighted average rates of commercial banks.
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SBP Sells Treasury Bills Worth Rs2.3 Trillion
On May 31, 2023, the State Bank of Pakistan (SBP) conducted an auction where it sold market treasury bills worth Rs2.3 trillion.
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Karachi Interbank Offered Rates KIBOR – May 31, 2023
KARACHI: State Bank of Pakistan (SBP) on Wednesday issued the Karachi Interbank Offered Rates (KIBOR) as on May 31, 2023.
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