Karachi, May 30, 2025 – In a bid to modernize financial transactions and reduce dependency on physical cash during the high-transaction Eid-ul-Adha season, the State Bank of Pakistan (SBP) has unveiled a comprehensive list of designated cattle markets across the country for enabling cashless payments.
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SBP releases foreign currency rates for May 30, 2025
On May 30, 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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Cryptocurrency remains illegal in Pakistan: SBP
ISLAMABAD: The State Bank of Pakistan (SBP) and the Ministry of Finance officially reiterated on Thursday that cryptocurrency is not legal tender in Pakistan.
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Pakistan’s weekly forex reserves stand at $16.637 billion: SBP
Karachi, May 29, 2025 – Pakistan’s total net foreign exchange (forex) reserves recorded a slight decrease during the week ended May 23, 2025, according to the latest data released by the State Bank of Pakistan (SBP). The net forex reserves fell by $12 million, settling at $16.637 billion, compared to $16.647 billion reported a week earlier, on May 16, 2025.
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SBP releases foreign currency rates for May 29, 2025
On May 29, 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 releases foreign currency rates for May 27, 2025
On May 27, 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 releases foreign currency rates for May 26, 2025
On May 26, 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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IMF imposes stringent exchange rate reporting conditions on SBP
Karachi, May 25, 2025 – The International Monetary Fund (IMF) has imposed rigorous new conditions on the State Bank of Pakistan (SBP) regarding the provision of foreign exchange data, as part of Pakistan’s commitments under the Extended Fund Facility (EFF).
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SBP releases foreign currency rates for May 23, 2025
On May 23, 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 declares May 28, 2025, as bank holiday for Youm-e-Takbeer
Karachi, May 23, 2025 – The State Bank of Pakistan (SBP) has officially announced that all banks across the country will remain closed on Wednesday, May 28, 2025, in observance of Youm-e-Takbeer.
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