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 renews status of credit rating agencies
KARACHI: The State Bank of Pakistan (SBP) has renewed the status of credit rating agencies operating in the country.
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SBP’s customer forex rates – June 15, 2022
KARACHI: On June 15, 2022, the State Bank of Pakistan (SBP) published the foreign exchange rates for customers.
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SBP issues KIBOR rates – June 14, 2022
KARACHI: State Bank of Pakistan (SBP) on Tuesday issued the Karachi Interbank Offered Rates (KIBOR) as on June 14, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 13.71 14.21 2 – Week 13.76 14.26 1 – Month 13.90 14.40 3 – Month 14.60 14.85 6 – Month 15.38 15.63 9 – Month 15.45 15.95…
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SBP’s customer forex rates – June 14, 2022
KARACHI: On June 14, 2022, the State Bank of Pakistan (SBP) released the foreign exchange rates for customers.
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SBP issues KIBOR rates – June 13, 2022
KARACHI: State Bank of Pakistan (SBP) on Monday issued the Karachi Interbank Offered Rates (KIBOR) as on June 13, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 13.69 14.19 2 – Week 13.75 14.25 1 – Month 13.91 14.41 3 – Month 14.57 14.82 6 – Month 15.38 15.63 9 – Month 15.43 15.93…
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SBP’s customer forex rates – June 13, 2022
KARACHI: On June 13, 2022, the State Bank of Pakistan (SBP) unveiled the foreign exchange rates for customers, based on the weighted average rates of commercial banks.
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Exchange companies to withhold tax on payment to MTOs
ISLAMABAD: Exchange companies have been brought under the ambit of withholding tax and now they are required to deduct tax on payment to international money transfer operators (MTOs). The change has been proposed through budget 2022/2023, which was presented on June 10, 2022. Through Finance Bill, 2022 amendments suggested to Section 152 of the Income…
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SBP issues KIBOR rates – June 10, 2022
KARACHI: State Bank of Pakistan (SBP) on Friday issued the Karachi Interbank Offered Rates (KIBOR) as on June 10, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 13.71 14.21 2 – Week 13.77 14.27 1 – Month 13.90 14.40 3 – Month 14.58 14.83 6 – Month 15.39 15.64 9 – Month 15.43 15.93…
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Pakistan receives $28.41 billion as workers remittances in 11 months
KARACHI: The inflow of workers’ remittances recorded an increase of 6.25 per cent to $28.41 billion during the first 11 months (July – May) 2021/2022, State Bank of Pakistan (SBP) said on Friday. The country received an amount of $26.74 billion in the same period of the last fiscal year. READ MORE: SBP issues instructions…
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SBP’s customer forex rates – June 10, 2022
KARACHI: On June 10, 2022, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, based on the weighted average rates of commercial banks.
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