Karachi, July 15, 2025 – In a dramatic turn for Pakistan’s financial sector, bank deposits have shattered all previous records, surging to an all-time high of Rs35.50 trillion by the close of June 2025.
(more…)Tag: State Bank of Pakistan
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SBP Publishes Official Currency Rates for July 15, 2025
Karachi, July 15, 2025 – The State Bank of Pakistan (SBP) has released its official foreign currency exchange rates for July 15, 2025, offering critical guidance for customers, traders, and financial institutions. These SBP-issued currency rates are derived from the weighted average of rates reported by commercial banks and serve as a central reference point for international transactions.
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SBP releases foreign currency rates for July 14, 2025
On July 14, 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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Pakistan and Vietnam to renew central bank cooperation pact
Islamabad, July 12, 2025 – Pakistan and Vietnam have taken a significant step toward strengthening bilateral financial ties, as senior officials from both countries agreed to renew and expand existing cooperation frameworks between their respective central banks.
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SBP releases foreign currency rates for July 11, 2025
On July 11, 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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Pakistan’s forex reserves cross $20 billion after three-year gap
Karachi, July 10, 2025 – Pakistan’s foreign exchange (forex) reserves have surged past the $20 billion threshold for the first time in over three years, marking a significant milestone in the country’s economic recovery.
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SBP releases foreign currency rates for July 10, 2025
On July 10, 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 appoints primary dealers for FY2025–26
Karachi, July 9, 2025 – The State Bank of Pakistan (SBP) has officially announced the appointment of primary dealers for the fiscal year 2025–26, in line with its framework for managing government securities.
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Pakistan receives all-time high $38.3 billion in remittances
Karachi, July 9, 2025 – Pakistan has achieved a major milestone by receiving an all-time high of $38.3 billion in remittances during the fiscal year 2024–25, according to data released by the State Bank of Pakistan (SBP) on Wednesday.
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SBP releases foreign currency rates for July 9, 2025
On July 9, 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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