Pakistan’s foreign exchange reserves for the week ended May 12, 2023, have decreased by $52 million, reaching $9.938 billion, the State Bank of Pakistan (SBP) said on Thursday.
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State Bank of Pakistan sets stringent guidelines to combat digital fraud
The State Bank of Pakistan (SBP) has issued directives to commercial banks and Microfinance Banks in the country to enhance their digital fraud protection controls and processes.
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Karachi Interbank Offered Rates KIBOR – May 18, 2023
KARACHI: State Bank of Pakistan (SBP) on Thursday issued the Karachi Interbank Offered Rates (KIBOR) as on May 18, 2023.
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SBP’s weighted average customer exchange rates on May 18, 2023
KARACHI: The State Bank of Pakistan (SBP) on Thursday issued foreign exchange rates for May 18, 2023. The exchange rate is on the basis of weighted average rates of commercial banks.
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SBP revokes authorization of Nobel Exchange International
The State Bank of Pakistan (SBP) has canceled the authorization/license of M/s. Noble Exchange International (Pvt.) Limited on May 17, 2023.
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SBP’s weighted average customer exchange rates on May 17, 2023
KARACHI: The State Bank of Pakistan (SBP) on Wednesday issued foreign exchange rates for May 17, 2023. The exchange rate is on the basis of weighted average rates of commercial banks.
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Cryptocurrency is not legal money in Pakistan: SBP
The State Bank of Pakistan (SBP) has declared cryptocurrency as illegal money in the country.
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Net foreign investment in Pakistan plummets by 90% in 10 months of FY23
Pakistan experienced a substantial decline of 90 percent in net foreign investment during the first ten months of the current fiscal year 2022-2023, as indicated by data released by the State Bank of Pakistan (SBP) on Tuesday.
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Pakistan’s current account deficit narrows by 76% in 10MFY23, boosting economic outlook
Pakistan’s current account deficit has witnessed a significant reduction of 76 percent during the first ten months of the current fiscal year 2022-2023, according to the State Bank of Pakistan (SBP).
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SBP’s weighted average customer exchange rates on May 16, 2023
KARACHI: The State Bank of Pakistan (SBP) on Tuesday issued foreign exchange rates for May 16, 2023. The exchange rate is on the basis of weighted average rates of commercial banks.
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