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 – April 30, 2022
The State Bank of Pakistan (SBP) on Saturday released the latest Karachi Interbank Offered Rates (KIBOR) as of April 30, 2022. KIBOR is a benchmark rate for lending and borrowing between banks, influencing a wide range of financial products and transactions in the market.
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SBP’s customer exchange rates – April 30, 2022
KARACHI, April 30, 2022 – The State Bank of Pakistan (SBP) has issued the official exchange rates for customers on Saturday, April 30, 2022.
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Banks to remain closed during May 2 – 5, 2022
KARACHI: All banks and financial institute will remain closed during holidays announced by federal government for Eid-ul-Fitr. A statement of the State Bank of Pakistan (SBP) said that it will remain closed from May 02 to May 05, 2022 (Monday to Thursday) on the occasion of Eid-ul-Fitr. The SBP also informed about the holidays to…
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SBP issues KIBOR rates – April 29, 2022
KARACHI: The State Bank of Pakistan (SBP) released the latest Karachi Interbank Offered Rates (KIBOR) for April 29, 2022, on Friday.
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SBP’s customer exchange rates – April 29, 2022
KARACHI, April 29, 2022 – The State Bank of Pakistan (SBP) has issued the official exchange rates for customers on Friday, April 29, 2022.
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IR offices to observe extended working hours for collection
The Federal Board of Revenue (FBR) has issued a directive for the extension of working hours at Inland Revenue (IR) offices on April 29 and 30, 2022 (Friday and Saturday) for revenue collection.
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SBP forex reserves shrink to 1.69 months import cover
KARACHI: The official foreign exchange reserves of State Bank of Pakistan (SBP) reduced to provide only 1.69 months covers for import payment. According to details released by the SBP, the official reserves of the central bank fell by $328 million to $10.558 billion by week ended April 23, 2022 as compared with $10.886 billion a…
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Court judgment: Riba is Haram in any form
ISLAMABAD: The Federal Shariat Court has given its judgment declaring Riba as Haram in any form of transaction. The Full Bench of the Court comprising of Mr. Justice Muhammad Noor Meskanzai, Chief Justice, Mr. Justice Dr. Syed Muhammad Anwer and Mr. Justice Khadim Hussain M. Shaikh, in exercise of power under Article 203-D of the…
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SBP issues KIBOR rates – April 28, 2022
KARACHI: State Bank of Pakistan (SBP) on Thursday issued the Karachi Interbank Offered Rates (KIBOR) as on April 28, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 12.24 12.74 2 – Week 12.30 12.80 1 – Month 12.70 13.20 3 – Month 14.52 14.77 6 – Month 14.71 14.96 9 – Month 14.67 15.17…
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SBP’s customer exchange rates – April 28, 2022
KARACHI, April 28, 2022 – The State Bank of Pakistan (SBP) has issued the official exchange rates for customers on Thursday, April 28, 2022.
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