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 18, 2022
KARACHI: State Bank of Pakistan (SBP) on Monday issued the Karachi Interbank Offered Rates (KIBOR) as on April 18, 2022.
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SBP’s customer exchange rates – April 18, 2022
KARACHI: The State Bank of Pakistan (SBP) has announced the latest exchange rates for customers, effective April 18, 2022, based on the weighted average rates of commercial banks. These indicative rates are provided for informational purposes, reflecting estimates quoted by various commercial banks to their clients. Karachi, April 16, 2022 – In its ongoing commitment…
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SBP issues KIBOR rates – April 16, 2022
KARACHI: State Bank of Pakistan (SBP) on Saturday issued the Karachi Interbank Offered Rates (KIBOR) as on April 16, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 12.21 12.71 2 – Week 12.25 12.75 1 – Month 12.30 12.80 3 – Month 12.51 12.76 6 – Month 12.92 13.17 9 – Month 12.89 13.39…
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SBP’s customer exchange rates – April 16, 2022
Karachi, April 16, 2022 – The State Bank of Pakistan (SBP) has unveiled the latest exchange rates for various foreign currencies against the Pakistani Rupee (PKR), based on the weighted average rates of commercial banks.
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E-banking transactions up 23% in Jul-Dec: SBP
KARACHI: The e-banking based transactions have increased by 23 per cent to Rs33.38 trillion during the quarters of October – December 202 as compared with Rs27.19 trillion in the previous quarter (July – September 2021), the State Bank of Pakistan (SBP) said on Friday. The SBP issued quarterly report stating that the volume of e-banking…
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SBP issues KIBOR rates – April 15, 2022
KARACHI: State Bank of Pakistan (SBP) on Friday issued the Karachi Interbank Offered Rates (KIBOR) as on April 15, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 12.22 12.72 2 – Week 12.26 12.76 1 – Month 12.30 12.80 3 – Month 12.49 12.74 6 – Month 12.92 13.17 9 – Month 12.90 13.40…
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SBP’s customer exchange rates – April 15, 2022
KARACHI, April 15, 2022 – The State Bank of Pakistan (SBP) has issued the official exchange rates for customers on Friday, April 15, 2022.
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Pakistan receives highest ever monthly remittances
KARACHI: Overseas Pakistanis workers have sent $2.8 billion during March 2022, which is the highest ever monthly remittances received, the State Bank of Pakistan (SBP) said on Thursday. “With $2.8 billion of inflows during March 2022, workers’ remittances continued their unprecedented run of remaining above $2 billion since June 2020. This is the highest ever…
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Pakistan’s forex reserves deplete to $17.03 billion
KARACHI: Pakistan’s total foreign exchange reserves fell by $447 million to $17.03 billion by week ended April 08, 2022, State Bank of Pakistan (SBP) said on Thursday. The foreign exchange reserves of the country were $17.477 billion a week ago i.e. April 01, 2022. READ MORE: Pakistan’s foreign exchange reserves shrink to $17.48 bn The…
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Banks approve Rs180 bn for low-cost housing loans
KARACHI: Banks have approved Rs180 billion as loan for low cost housing, the State Bank of Pakistan (SBP) said on Thursday. The SBP said building upon current momentum, banks have shown strong progress in approving and disbursing the financing under Mera Pakistan Mera Ghar Scheme against the manifold increase in applications by borrowers to avail…
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