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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Bitcoin to Pak Rupee on June 10, 2022
KARACHI: The exchange rate of Bitcoin (BTC) in Pak Rupee (PKR) is Rs6,091,173.84 on June 10, 2022 at 9:59 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs6,079,142.61 at closing on June 09, 2022. The rate of Bitcoin in US Dollar (USD) is $30,119.36 on June 10, 2022 at 9:59 AM…
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SBP jacks up policy rate by 6.75% to 13.75%
ISLAMABAD: The State Bank of Pakistan (SBP) has increased the key policy rate by 6.75 per cent during September 2021 to May 2022, according to Economic Survey of Pakistan 2021/2022 released on Thursday. The survey stated that Pakistan’s economy has witnessed a V-shaped recovery in 2020-2021 after witnessing a contraction of 0.9 percent in FY2020.…
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SBP’s forex reserves slip 2½-year low to $9.226 billion
KARACHI: The official foreign exchange reserves of the State Bank of Pakistan (SBP) have slipped 2½-year low to $9.226 billion by week ended June 03, 2022, according to official statistics released on Thursday. On weekly basis the official reserves of the central bank fell by $497 million to $9.226 billion by week ended June 03,…
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SBP issues KIBOR rates – June 09, 2022
KARACHI: State Bank of Pakistan (SBP) on Thursday issued the Karachi Interbank Offered Rates (KIBOR) as on June 09, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 13.68 14.18 2 – Week 13.74 14.24 1 – Month 13.94 14.44 3 – Month 14.77 15.02 6 – Month 15.49 15.74 9 – Month 15.50 16.00…
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SBP’s customer forex rates – June 09, 2022
KARACHI: On June 09, 2022, the State Bank of Pakistan (SBP) published the foreign exchange rates for customers based on the weighted average rates of commercial banks.
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SBP issues KIBOR rates – June 08, 2022
KARACHI: State Bank of Pakistan (SBP) on Wednesday issued the Karachi Interbank Offered Rates (KIBOR) as on June 8, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 13.68 14.18 2 – Week 13.75 14.25 1 – Month 13.92 14.42 3 – Month 14.77 15.02 6 – Month 15.43 15.68 9 – Month 15.41 15.91…
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SBP lifts quarantine requirement for banknotes
KARACHI: State Bank of Pakistan (SBP) on Wednesday lifted the requirement of quarantine on banknotes, which was imposed to contain the spread of coronavirus pandemic. The central bank through past letters, advised banks to disinfect, seal and quarantine cash collected from its counters for fourteen (14) days or process such banknotes through Pakistan Council of…
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SBP’s customer forex rates – June 08, 2022
KARACHI: The State Bank of Pakistan (SBP) published the foreign exchange rates for customers on June 08, 2022, based on the weighted average rates of commercial banks.
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SBP issues KIBOR rates – June 07, 2022
KARACHI: State Bank of Pakistan (SBP) on Tuesday issued the Karachi Interbank Offered Rates (KIBOR) as on June 07, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 13.71 14.21 2 – Week 13.76 14.26 1 – Month 13.89 14.39 3 – Month 14.75 15.00 6 – Month 15.13 15.38 9 – Month 15.19 15.69…
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SBP’s customer forex rates – June 07, 2022
KARACHI: The State Bank of Pakistan (SBP) released the foreign exchange rates for customers on June 07, 2022.
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