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 issues KIBOR rates – May 19, 2022
KARACHI: State Bank of Pakistan (SBP) on Thursday issued the Karachi Interbank Offered Rates (KIBOR) as on May 19, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 12.25 12.75 2 – Week 12.44 12.94 1 – Month 12.95 13.45 3 – Month 14.40 14.65 6 – Month 14.59 14.84 9 – Month 14.61 15.11…
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SBP’s customer exchange rates – May 19, 2022
KARACHI, May 19, 2022 – The State Bank of Pakistan (SBP) has issued the official exchange rates for customers on Thursday, May 19, 2022. These rates are derived from the weighted average rates provided by commercial banks and are disseminated for informational purposes only, according to an official statement by the SBP. The SBP clarified…
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SBP issues KIBOR rates – May 18, 2022
KARACHI: State Bank of Pakistan (SBP) on Wednesday issued the Karachi Interbank Offered Rates (KIBOR) as on May 18, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 12.27 12.77 2 – Week 12.44 12.94 1 – Month 13.00 13.50 3 – Month 14.90 15.15 6 – Month 14.93 15.18 9 – Month 14.73 15.23…
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SBP’s customer exchange rates – May 18, 2022
KARACHI, May 18, 2022 – The State Bank of Pakistan (SBP) has released the official exchange rates for customers on Wednesday, May 18, 2022. These rates are determined based on the weighted average rates provided by commercial banks and are intended for informational purposes only, according to a statement by the SBP. The SBP emphasized…
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SBP’s customer exchange rates – May 17, 2022
KARACHI, May 17, 2022 – The State Bank of Pakistan (SBP) has issued the official exchange rates for customers on Tuesday, May 17, 2022.
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SBP issues KIBOR rates – May 17, 2022
KARACHI: The State Bank of Pakistan (SBP) on Tuesday issued the Karachi Interbank Offered Rates (KIBOR) as of May 17, 2022, providing crucial insight into the prevailing interbank borrowing costs within the financial sector. KIBOR serves as a benchmark for a variety of financial products and transactions, influencing everything from corporate lending to personal loans.
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SBP may raise policy rate by 100bps to 13.25%
KARACHI: The State Bank of Pakistan (SBP) is scheduled to announce monetary policy on May 23, 2022 and may increase the key policy rate by 100 basis points to 13.25 per cent, analysts said on Tuesday. According to the analysts at Arif Habib Limited, the monetary policy committee of SBP will convene on Monday (May…
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SBP issues KIBOR rates – May 16, 2022
The State Bank of Pakistan (SBP) on Monday announced the latest Karachi Interbank Offered Rates (KIBOR), reflecting the borrowing and lending rates in the interbank market as of May 16, 2022. KIBOR serves as the benchmark interest rate used by banks for lending to one another and is an essential indicator for the broader financial…
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SBP’s customer exchange rates – May 16, 2022
KARACHI, May 16, 2022 – The State Bank of Pakistan (SBP) has issued the official exchange rates for customers on Monday, May 16, 2022.
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SBP governor assumes charge of Asian Clearing Union
KARACHI: Dr. Murtaza Syed, Governor (Acting) State Bank of Pakistan (SBP) has assumed the charge of Chairman of the Board of Directors of the Asian Clearing Union (ACU) in the 50th meeting of the ACU Board held in Islamabad on May 13, 2022 in both physical and virtual modes. Established in 1974 with permanent headquarters…
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