KARACHI: The State Bank of Pakistan (SBP) on Wednesday issued foreign exchange rates for January 25, 2023.
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Forex companies decide removing exchange rate cap after SBP suspends many outlets
KARACHI: Foreign exchange companies on Tuesday decided to remove cap on exchange rate, which was meant to control the dollar rate in open market.
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Karachi Interbank Offered Rates KIBOR – January 24, 2023
KARACHI: State Bank of Pakistan (SBP) on Tuesday issued the Karachi Interbank Offered Rates (KIBOR) as on January 24, 2023.
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SBP’s weighted average customer exchange rates on January 24, 2023
KARACHI: The State Bank of Pakistan (SBP) on Tuesday issued foreign exchange rates for January 24, 2023.
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Pakistan waives port charges for stuck up containers for non-opening LCs
KARACHI: Pakistan has waived demurrage and detention charges for stuck containers at ports due to non-opening of letter of credits (LCs), a senior minister announced on Monday.
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State Bank suspends exchange companies for refusing sales of foreign currencies
KARACHI: State Bank of Pakistan (SBP) has suspended outlets of many exchange companies for refusing sale of foreign currencies.
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SBP raises benchmark rate by 100 basis points to check inflation
KARACHI: State Bank of Pakistan (SBP) on Monday raised benchmark policy rate by 100 points to 17 per cent to check inflationary pressure.
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SBP allows one-time facilitation to importers for consignment clearance
KARACHI: State Bank of Pakistan (SBP) on Monday allowed one-time facilitation to importers who arrange funds to settle pending import payments.
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Karachi Interbank Offered Rates KIBOR – January 23, 2023
KARACHI: State Bank of Pakistan (SBP) on Monday issued the Karachi Interbank Offered Rates (KIBOR) as on January 23, 2023.
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SBP’s weighted average customer exchange rates on January 23, 2023
KARACHI: The State Bank of Pakistan (SBP) on Monday issued foreign exchange rates for January 23, 2023. The exchange rate is on the basis of weighted average rates of commercial banks.
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