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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Pakistan’s FY22 current account deficit widens to $17.41 bn
KARACHI: Pakistan has posted $17.41 billion as current account deficit (CAD) for the fiscal year 2021/2022, according to data of balance of payment released by the State Bank of Pakistan (SBP) on Wednesday. The country posted a deficit in the current account of $2.82 billion in the preceding fiscal year i.e. 2020/2021. It shows that…
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SBP issues KIBOR rates – July 27, 2022
KARACHI: State Bank of Pakistan (SBP) on Wednesday issued the Karachi Interbank Offered Rates (KIBOR) as on July 27, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 14.70 15.20 2 – Week 14.74 15.24 1 – Month 14.81 15.31 3 – Month 15.13 15.38 6 – Month 15.46 15.71 9 – Month 15.53 16.03…
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SBP’s customer forex rates – July 27, 2022
On Wednesday, July 27, 2022, the State Bank of Pakistan (SBP) released the foreign exchange rates for customers, unveiling the buying and selling prices of various currencies against the Pakistani Rupee (PKR).
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SBP issues KIBOR rates – July 26, 2022
KARACHI: State Bank of Pakistan (SBP) on Tuesday issued the Karachi Interbank Offered Rates (KIBOR) as on July 26, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 14.66 15.16 2 – Week 14.71 15.21 1 – Month 14.78 15.28 3 – Month 15.10 15.35 6 – Month 15.43 15.68 9 – Month 15.52 16.02…
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SBP’s customer forex rates – July 26, 2022
On Tuesday, July 26, 2022, the State Bank of Pakistan (SBP) released the foreign exchange rates for customers, detailing the buying and selling prices of various currencies against the Pakistani Rupee (PKR).
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SBP issues KIBOR rates – July 25, 2022
KARACHI: State Bank of Pakistan (SBP) on Monday issued the Karachi Interbank Offered Rates (KIBOR) as on July 25, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 14.57 15.07 2 – Week 14.64 15.14 1 – Month 14.71 15.21 3 – Month 15.04 15.29 6 – Month 15.42 15.67 9 – Month 15.51 16.01…
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SBP’s customer forex rates – July 25, 2022
On Monday, July 25, 2022, the State Bank of Pakistan (SBP) issued the foreign exchange rates for customers, outlining the buying and selling prices of various currencies against the Pakistani Rupee (PKR).
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Tax imposed on foreign payments made by exchange companies
ISLAMABAD: The Federal Board of Revenue (FBR) has said that tax has been imposed on foreign payments made by exchange companies. The FBR issued Income Tax Circular No. 15 of 2022/2023 to explain important amendments brought through Finance Act, 2022 to the Income Tax Ordinance, 2001. READ MORE: Minimum tax for commercial importers enhanced: FBR…
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SBP issues KIBOR rates – July 22, 2022
KARACHI: The State Bank of Pakistan (SBP) on Friday issued the Karachi Interbank Offered Rates (KIBOR) as of July 22, 2022. These rates are a critical indicator of the cost of borrowing in the interbank market and are utilized as a benchmark for various lending and investment products.
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SBP’s customer forex rates – July 22, 2022
On Friday, July 22, 2022, the State Bank of Pakistan (SBP) released the foreign exchange rates for customers, disclosing the buying and selling prices of various currencies against the Pakistani Rupee (PKR).
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