Karachi, December 9, 2025 – The State Bank of Pakistan (SBP) reported a notable surge in workers’ remittances, which increased by 9.34% during the first five months (July–November) of the current fiscal year 2025-26.
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SBP Updates Foreign Currency Exchange Rates – December 8, 2025
Karachi, December 8, 2025 – The State Bank of Pakistan (SBP) on Monday released the updated foreign currency exchange rates to assist banking consumers and businesses in making informed financial decisions. The rates reflect the weighted average customer exchange rates offered by commercial banks across the country.
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SBP releases daily currency exchange rates for December 4, 2025
Karachi, December 4, 2025 – The State Bank of Pakistan (SBP) on Thursday issued the latest daily currency exchange rates to assist banking customers, businesses, importers, and exporters in planning their financial transactions. The updated rates reflect the weighted average customer exchange prices provided by commercial banks across Pakistan.
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SBP Issues Updated Customer Exchange Rates – December 3, 2025
Karachi, December 3, 2025 – The State Bank of Pakistan (SBP) has released the latest customer exchange rates for Wednesday, December 3, 2025, aimed at providing updated information to banking consumers and businesses involved in foreign currency transactions.
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SBP stops collection of export development surcharge with immediate effect
Karachi, December 2, 2025 – The State Bank of Pakistan (SBP) has officially halted the collection of the Export Development Surcharge (EDS), providing significant relief to the export sector.
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SBP Updates Daily Customer Exchange Rates – December 2, 2025
Karachi, December 2, 2025 – The State Bank of Pakistan (SBP) has released the latest daily customer exchange rates for Tuesday, December 2, 2025, to guide banking consumers, traders, and businesses in conducting currency transactions.
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SBP Updates Customer Exchange Rates for December 1, 2025
Karachi, December 1, 2025 – The State Bank of Pakistan (SBP) has released its latest customer exchange rates for Monday, December 1, 2025, providing essential guidance for banking consumers and businesses engaging in foreign currency transactions. These updated rates reflect the weighted average of rates offered by various commercial banks across the country.
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SBP Issues Updated Daily Currency Exchange Rates for November 28
Karachi, November 28, 2025 – The State Bank of Pakistan (SBP) on Friday released the latest daily currency exchange rates to assist banking customers and businesses in making informed financial decisions. These rates reflect the weighted average customer exchange rates provided by commercial banks across the country.
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SBP directs banks to extend hours for tax collection on November 29
Karachi, November 27, 2025 – The State Bank of Pakistan (SBP) has issued directives instructing commercial banks to observe extended working hours on Saturday, November 29, 2025, to facilitate taxpayers making over-the-counter (OTC) payments of government duties and taxes.
In an official circular, the SBP announced that all Saturday-opening branches of commercial banks — including National Bank of Pakistan (NBP) branches handling customs-related collections — will remain operational from 9:00 A.M. to 5:00 P.M. on the specified date. The move aims to ease taxpayer burden ahead of monthly and quarterly deadlines.
The central bank further stated that NBP branches manually collecting government receipts and payments must ensure same-day settlement with their respective SBP-BSC field offices or head office immediately after completing the same-day clearing process.
To support timely processing, the National Institutional Facilitation Technologies (NIFT) will conduct a Special Clearing at 5:30 P.M. on November 29 for all government-related instruments submitted at bank counters. NIFT will provide the clearing fate of these instruments by 11:30 P.M. on the same day, ensuring smooth reconciliation and settlement of government receipts.
The SBP’s directive follows a recent instruction from the Federal Board of Revenue (FBR), which earlier directed Inland Revenue field offices to observe a normal working day on November 29 to support maximum tax collection before the month-end.
The SBP emphasized that the extended arrangements aim to ensure seamless tax payment processing and enhance convenience for taxpayers across the country.
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SBP Issues Updated Currency Exchange Rates for November 27, 2025
Karachi, November 27, 2025 – The State Bank of Pakistan (SBP) has released the latest currency exchange rates for Thursday, providing updated guidance for banking customers and businesses engaged in international transactions.
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