Karachi, May 16, 2025 – Pakistan has recorded a notable turnaround in its external sector by posting a current account surplus of $1.88 billion during the first ten months (July to April) of the current fiscal year 2024-25, according to the State Bank of Pakistan (SBP).
(more…)Tag: State Bank of Pakistan
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Bank deposits cross Rs32 trillion for first time in Pakistan’s history
KARACHI, May 15, 2025 — For the first time ever, bank deposits in Pakistan have crossed the Rs32 trillion milestone, marking a historic achievement in the country’s financial landscape.
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SBP releases foreign currency rates for May 15, 2025
On May 15, 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 14, 2025
On May 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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SBP receives $1.02 billion tranche from IMF under EFF program
Karachi, May 14, 2025 – The State Bank of Pakistan (SBP) confirmed on Wednesday that it has received a $1.023 billion disbursement from the International Monetary Fund (IMF) under the ongoing Extended Fund Facility (EFF) program.
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SBP releases foreign currency rates for May 13, 2025
On May 13, 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 total debt climbs 13% to Rs73.69 trillion by March 2025
Karachi, May 13, 2025 — Pakistan’s debt burden continues to grow, as the country’s total central government debt rose by 13% year-on-year, reaching Rs73.69 trillion by the end of March 2025.
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SBP releases foreign currency rates for May 12, 2025
On May 12, 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 9, 2025
On May 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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Pakistan sees 21% monthly dip in April 2025 workers remittances
Karachi, May 9, 2025 – Pakistan experienced a significant 21% month-on-month (MoM) drop in workers’ remittances in April 2025, according to fresh data released by the State Bank of Pakistan (SBP) on Friday.
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