On May 20, 2025, the State Bank of Pakistan (SBP) announced the official foreign exchange rates for customers. These rates, based on the weighted averages of commercial banks, act as a key reference for cross-border transactions, facilitating international trade and commerce.
(more…)Tag: State Bank of Pakistan
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SBP launches cashless drive for Eid cattle markets
Karachi, May 20, 2025 – The State Bank of Pakistan (SBP) has officially launched a comprehensive nationwide campaign titled “Go Cashless” aimed at promoting digital payments and significantly reducing reliance on cash transactions during the upcoming Eid-ul-Azha festivities.
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Profit repatriation from Pakistan jumps 108% in 10MFY25
Karachi, May 19, 2025 – The repatriation of profit and dividends by foreign investors from Pakistan surged by an impressive 108% during the first ten months (July–April) of the fiscal year 2024–25, according to the latest data released by the State Bank of Pakistan (SBP) on Monday.
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SBP releases foreign currency rates for May 19, 2025
On May 19, 2025, the State Bank of Pakistan (SBP) announced the official foreign exchange rates for customers. These rates, based on the weighted averages of commercial banks, act as a key reference for cross-border transactions, facilitating international trade and commerce.
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SBP raises MCR for microfinance banks to Rs2 billion
Karachi, May 19, 2025 – The State Bank of Pakistan (SBP) has announced a significant policy revision by increasing the Minimum Capital Requirement (MCR) for microfinance banks (MFBs) to Rs2 billion.
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SBP releases foreign currency rates for May 16, 2025
On May 16, 2025, the State Bank of Pakistan (SBP) announced the official foreign exchange rates for customers. These rates, based on the weighted averages of commercial banks, act as a key reference for cross-border transactions, facilitating international trade and commerce.
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SBP reports 3% dip in foreign direct investment during 10MFY25
Karachi, May 16, 2025 – The State Bank of Pakistan (SBP) on Friday released data showing a slight decline in foreign direct investment (FDI) during the first ten months (July–April) of the fiscal year 2024-25. According to the SBP report, FDI dropped by 2.8% to $1.78 billion, compared with $1.84 billion recorded in the same period of the previous fiscal year.
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Pakistan records $1.88 billion current account surplus in 10MFY25
Karachi, May 16, 2025 – Pakistan has recorded a notable turnaround in its external sector by posting a current account surplus of $1.88 billion during the first ten months (July to April) of the current fiscal year 2024-25, according to the State Bank of Pakistan (SBP).
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Bank deposits cross Rs32 trillion for first time in Pakistan’s history
KARACHI, May 15, 2025 — For the first time ever, bank deposits in Pakistan have crossed the Rs32 trillion milestone, marking a historic achievement in the country’s financial landscape.
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SBP releases foreign currency rates for May 15, 2025
On May 15, 2025, the State Bank of Pakistan (SBP) announced the official foreign exchange rates for customers. These rates, based on the weighted averages of commercial banks, act as a key reference for cross-border transactions, facilitating international trade and commerce.
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