Tag: State Bank of Pakistan
Get the latest State Bank of Pakistan (SBP) news, monetary policy updates, exchange rates, banking regulations, and economic insights.
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SBP issues KIBOR rates – August 01, 2022
KARACHI: State Bank of Pakistan (SBP) on Monday issued the Karachi Interbank Offered Rates (KIBOR) as on August 01, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 14.86 15.36 2 – Week 14.90 15.40 1 – Month 14.97 15.47 3 – Month 15.52 15.77 6 – Month 15.63 15.88 9 – Month 15.65 16.15…
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SBP’s customer forex rates – August 01, 2022
On Monday, August 01, 2022, the State Bank of Pakistan (SBP) released the foreign exchange rates for customers, providing essential information on the buying and selling prices of various currencies against the Pakistani Rupee (PKR).
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Pakistani rupee overshoots temporarily: FinMin, SBP
KARACHI: The Pakistani rupee has overshot temporarily but it is expected to appreciate in next few months, said a joint statement issued on Sunday late night by the Finance Ministry (FinMin) and the State Bank of Pakistan (SBP). According to the statement the rupee has overshot temporarily but it is expected to appreciate in line…
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SBP issues KIBOR rates – July 29, 2022
KARACHI: State Bank of Pakistan (SBP) on Friday issued the Karachi Interbank Offered Rates (KIBOR) as on July 29, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 14.76 15.26 2 – Week 14.80 15.30 1 – Month 14.85 15.35 3 – Month 15.44 15.69 6 – Month 15.58 15.83 9 – Month 15.61 16.11…
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No date extension for exchanging Pakistan prize bond
KARACHI: Pakistan has not extended the date for exchanging bearer prize bonds that were expired on June 30, 2022. A number of persons have reached PkRevenue.com regarding extension for exchanging bearer prize bonds. However, there is no information from the finance ministry of the State Bank of Pakistan (SBP) regarding date extension. READ MORE: Pakistan-issued…
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SBP’s customer forex rates – July 29, 2022
On Friday, July 29, 2022, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, providing valuable information on the buying and selling prices of various currencies against the Pakistani Rupee (PKR).
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Pakistan forex reserves deplete to $14.42 billion
KARACHI: Pakistan foreign exchange reserves depleted by $827 million to $14.415 billion by week ended July 22, 2022, State Bank of Pakistan (SBP) said on Thursday. The foreign exchange reserves of the country were $15.242 billion a week ago i.e. July 15, 2022. READ MORE: Pakistan’s forex reserves decline to $15.24 billion The country’s foreign…
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SBP issues KIBOR rates – July 28, 2022
KARACHI: State Bank of Pakistan (SBP) on Thursday issued the Karachi Interbank Offered Rates (KIBOR) as on July 28, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 14.72 15.22 2 – Week 14.74 15.24 1 – Month 14.80 15.30 3 – Month 15.44 15.69 6 – Month 15.56 15.81 9 – Month 15.59 16.09…
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Suzuki Motors warns plant shutdown in Pakistan
KARACHI: Suzuki Motors Co. Ltd. on Thursday warned shutting down its production plant in Pakistan due to import restrictions. In a communication sent to Pakistan Stock Exchange (PSX), the auto manufacturer said that State Bank of Pakistan (SBP) had introduced a mechanism for prior approval for import under HS Code 8703 category (including CKD) vide…
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SBP’s customer forex rates – July 28, 2022
On Thursday, July 28, 2022, the State Bank of Pakistan (SBP) unveiled the foreign exchange rates for customers, revealing the buying and selling prices of various currencies against the Pakistani Rupee (PKR).
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