On July 8, 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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Govt eyes Rs5.57 trillion borrowing via Q1 auctions
Karachi, July 8, 2025 – The federal government is set to raise a record Rs5.57 trillion through borrowing via auctions of government securities during the first quarter (July–September) of the fiscal year 2025-26, as part of its ongoing efforts to manage the budget deficit and fund public expenditure.
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SBP vows reforms to boost sustainable growth
Karachi, July 7, 2025 — The State Bank of Pakistan (SBP) has reaffirmed its commitment to structural reforms aimed at promoting long-term, inclusive economic growth, with a renewed focus on empowering women entrepreneurs. Speaking at the launch ceremony of the Women Entrepreneurs Finance Code in Karachi, SBP Governor Jameel Ahmad emphasized that the central bank is prioritizing reforms to set the stage for sustainable growth in Pakistan.
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SBP releases foreign currency rates for July 7, 2025
On July 7, 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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How Many Mobile Phone Banking Users Are in Pakistan?
Karachi, July 5, 2025 – Have you ever wondered how many people in Pakistan are now using their phones to manage their money? The State Bank of Pakistan (SBP) has just released eye-opening figures that highlight a massive shift toward digital banking — especially through mobile devices.
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SBP releases foreign currency rates for July 4, 2025
On July 4, 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 $18 billion mark amid strong inflows
Karachi, July 3, 2025 – Pakistan’s foreign exchange (forex) reserves have surged past the $18 billion mark, signaling renewed confidence in the country’s external position.
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SBP releases foreign currency rates for July 3, 2025
On July 3, 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 forex reserves surge to $14.51 billion, exceed IMF benchmark
KARACHI, July 2, 2025 — In a strong signal of macroeconomic stability, the State Bank of Pakistan (SBP) announced that its foreign exchange (forex) reserves surged to $14.51 billion by the close of fiscal year 2024-25, crossing the target set by the International Monetary Fund (IMF).
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SBP releases foreign currency rates for July 2, 2025
On July 2, 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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