Karachi, May 8, 2025 – Pakistan’s forex position showed improvement this week as the State Bank of Pakistan (SBP) reported a notable increase of $231 million in the country’s overall foreign exchange reserves.
(more…)Tag: State Bank of Pakistan
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SBP releases foreign currency rates for May 8, 2025
On May 8, 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 invites applications for primary dealers for FY 2025–26
Karachi, May 8, 2025 – The State Bank of Pakistan (SBP) has officially invited applications from eligible financial institutions for selection as primary dealers for the fiscal year 2025–26. The announcement, made on Thursday, aims to appoint qualified institutions to facilitate government securities transactions under its Primary Dealer System.
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SBP releases foreign currency rates for May 7, 2025
On May 7, 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 6, 2025
On May 6, 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 cuts benchmark rate to 11%, surpassing market consensus
Karachi, May 5, 2025 — In a move that exceeded market forecasts, the State Bank of Pakistan (SBP) announced a 100 basis point reduction in its benchmark policy rate, bringing it down to 11%, effective May 6, 2025.
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SBP releases foreign currency rates for May 5, 2025
On May 5, 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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How much gold jewellery can you take out of Pakistan?
When it comes to carrying gold jewellery out of Pakistan, the rules are quite specific and tightly regulated by the State Bank of Pakistan (SBP).
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Weekly foreign exchange reserves decline by $184 million: SBP
Karachi, May 2, 2025 – Pakistan’s total foreign exchange reserves witnessed a decline of $184 million during the week ending April 25, 2025, according to the latest data released by the State Bank of Pakistan (SBP) on Thursday.
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SBP releases foreign currency rates for May 2, 2025
On May 2, 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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