KARACHI: The State Bank of Pakistan (SBP) on Thursday issued foreign exchange rates for May 25, 2023. The exchange rate is on the basis of weighted average rates of commercial banks.
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Banking Loans to Private Sector Plummet by 94% in 10 ½ Months
Banking loans extended to the private sector in Pakistan have experienced a significant decline of 94% during the first 10 and a half months of the current fiscal year, as per the latest data released by the State Bank of Pakistan (SBP).
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SBP penalizes five banks with Rs224 million for regulatory violations
Karachi, May 24, 2023 – The State Bank of Pakistan (SBP) has taken strict action against five commercial banks for violating regulatory provisions, including anti-money laundering (AML) laws.
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SBP’s weighted average customer exchange rates on May 24, 2023
KARACHI: The State Bank of Pakistan (SBP) on Wednesday issued foreign exchange rates for May 24, 2023. The exchange rate is on the basis of weighted average rates of commercial banks.
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SBP’s weighted average customer exchange rates on May 23, 2023
KARACHI: The State Bank of Pakistan (SBP) on Tuesday issued foreign exchange rates for May 23, 2023. The exchange rate is on the basis of weighted average rates of commercial banks.
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Karachi Interbank Offered Rates KIBOR – May 22, 2023
KARACHI: State Bank of Pakistan (SBP) on Monday issued the Karachi Interbank Offered Rates (KIBOR) as on May 22, 2023.
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SBP’s weighted average customer exchange rates on May 22, 2023
KARACHI: The State Bank of Pakistan (SBP) on Monday issued foreign exchange rates for May 22, 2023. The exchange rate is on the basis of weighted average rates of commercial banks.
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State Bank highlights economic challenges for Pakistan
The State Bank of Pakistan (SBP) has issued its Half Year Report for FY23, providing an analysis of the country’s economic performance during the July-December period. The report reveals a deterioration in Pakistan’s macroeconomic conditions, despite some policy-induced improvements in the external current account and primary fiscal balance.
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SBP’s weighted average customer exchange rates on May 19, 2023
KARACHI: The State Bank of Pakistan (SBP) on Friday issued foreign exchange rates for May 19, 2023. The exchange rate is on the basis of weighted average rates of commercial banks.
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SBP issues procedure for payment of mark-up subsidy under youth program
State Bank of Pakistan (SBP) has issued procedure for payment of mark-up and credit loss subsidy by the government of Pakistan under Prime Minister’s Youth Business and Agriculture Loan Scheme.
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