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 banks to remain closed on July 01, 2022
KARACHI: Pakistan banks will observe holiday on July 01, 2022 for financial close, a statement said on Wednesday. The State Bank of Pakistan (SBP) issued a circular in this regard addressing the president and chief executives of all banks, development financial institutions and microfinance banks. READ MORE: Standard Chartered facilitated by BenchMatrix The central bank…
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SBP’s customer forex rates – June 29, 2022
KARACHI: The State Bank of Pakistan (SBP) has disclosed the foreign exchange rates for customers on June 29, 2022.
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Pakistan’s CAD balloons to $15.19 billion in 11 months
KARACHI: The current account deficit (CAD) of Pakistan has massively widened to $15.19 billion during 11 months (July – May) of 2021/2022, State Bank of Pakistan (SBP) said Tuesday. The data of balance of payment (BoP) showed the current account deficit was $1.18 billion in the corresponding months of the last fiscal year. READ MORE:…
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SBP issues KIBOR rates – June 28, 2022
KARACHI: State Bank of Pakistan (SBP) on Tuesday issued the Karachi Interbank Offered Rates (KIBOR) as on June 28, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 13.11 13.61 2 – Week 13.31 13.81 1 – Month 13.54 14.04 3 – Month 14.52 14.77 6 – Month 15.06 15.31 9 – Month 15.13 15.63…
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SBP’s customer forex rates – June 28, 2022
KARACHI: The State Bank of Pakistan (SBP) has published the foreign exchange rates for customers on June 28, 2022.
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SBP issues KIBOR rates – June 27, 2022
KARACHI: State Bank of Pakistan (SBP) on Monday issued the Karachi Interbank Offered Rates (KIBOR) as on June 27, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 13.15 13.65 2 – Week 13.33 13.83 1 – Month 13.56 14.06 3 – Month 14.54 14.79 6 – Month 15.07 15.32 9 – Month 15.14 15.64…
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Pakistan-issued prize bonds expire on June 30, 2022
KARACHI: The prize bonds of various denominations issued by the government of Pakistan are expiring on June 30, 2022. So far no decision came from the finance ministry to extend the last date for exchanging bearer prize bonds. The federal government has already extended the last date for converting or exchanging the bearer prize bonds…
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SBP’s customer forex rates – June 27, 2022
KARACHI: The State Bank of Pakistan (SBP) has released the foreign exchange rates for customers on June 27, 2022.
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SBP seeks Supreme Court guidance on Riba case judgement
KARACHI: The State Bank of Pakistan (SBP) on Saturday said it had approached Shariat Appelate Bench of the Supreme Court for guidance on decision of Federal Shariat Court in Riba case. In a statement the central bank said the SBP welcomes the Federal Shariat Court’s Judgement of April 28, 2022 on Riba case, as has…
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SBP issues KIBOR rates – June 24, 2022
KARACHI: State Bank of Pakistan (SBP) on Friday issued the Karachi Interbank Offered Rates (KIBOR) as on June 24, 2022.
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