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 directs all banks to open on April 30 before Eid holidays
KARACHI: The State Bank of Pakistan (SBP) on Thursday directed banks to remain open on Saturday April 30, 2022 to facilitate customers ahead of Eid holidays. The central bank clarified that all banks and their branches shall remain open on Saturday, April 30, 2022 in line with SBP’s instructions embodied in BPRD Circular Letter No.…
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SBP issues KIBOR rates – April 27, 2022
KARACHI: State Bank of Pakistan (SBP) on Wednesday issued the Karachi Interbank Offered Rates (KIBOR) as on April 27, 2022.
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SBP imposes penalty of Rs109 million on four banks
KARACHI: The State Bank of Pakistan (SBP) has imposed an amount of Rs109 million as monetary penalty on four banks for violating regulatory provisions, including anti-money laundering (AML) and countering financing of terrorism (CFT). READ MORE: SBP imposes Rs1.45 billion penalty on 18 banks in 2021 The central bank on Wednesday issued details of monetary…
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SBP’s customer exchange rates – April 27, 2022
KARACHI, April 27, 2022 – The State Bank of Pakistan (SBP) has released the official exchange rates for customers on Wednesday, April 27, 2022.
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SBP issues KIBOR rates – April 26, 2022
KARACHI: State Bank of Pakistan (SBP) on Tuesday issued the Karachi Interbank Offered Rates (KIBOR) as on April 26, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 12.13 12.63 2 – Week 12.24 12.74 1 – Month 12.44 12.94 3 – Month 13.41 13.66 6 – Month 13.85 14.10 9 – Month 13.78 14.28…
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SBP’s customer exchange rates – April 26, 2022
KARACHI, April 26, 2022 – The State Bank of Pakistan (SBP) has released the official exchange rates for customers on Tuesday, April 26, 2022.
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SBP issues KIBOR rates – April 25, 2022
KARACHI: State Bank of Pakistan (SBP) on Monday issued the Karachi Interbank Offered Rates (KIBOR) as on April 25, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 12.14 12.64 2 – Week 12.25 12.75 1 – Month 12.45 12.95 3 – Month 13.39 13.64 6 – Month 13.81 14.06 9 – Month 13.75 14.25…
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SBP’s customer exchange rates – April 25, 2022
KARACHI, April 25, 2022 – The State Bank of Pakistan (SBP) has issued the official exchange rates for customers on Monday, April 25, 2022.
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Pakistan’s CAD hit $13.17 billion in July – March
KARACHI: Pakistan’s current account deficit (CAD) hit record $13.17 billion during first nine months (July – March) 2021/2022, according to balance of payment (BoP) data released on Saturday. The current account deficit for July – March 2021/2022 widened to $13.169 billion as compared with the deficit of $275 million in the corresponding months of the…
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SBP issues KIBOR rates – April 23, 2022
KARACHI: State Bank of Pakistan (SBP) on Saturday issued the Karachi Interbank Offered Rates (KIBOR) as on April 23, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 12.23 12.73 2 – Week 12.27 12.77 1 – Month 12.48 12.98 3 – Month 13.37 13.62 6 – Month 13.69 13.94 9 – Month 13.66 14.16…
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