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 on March 15, 2022
KARACHI: State Bank of Pakistan (SBP) on Tuesday issued the Karachi Interbank Offered Rates (KIBOR) as of March 15, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 9.81 10.31 2 – Week 9.88 10.38 1 – Month 10.11 10.61 3 – Month 11.09 11.34 6 – Month 11.67 11.92 9 – Month 11.76 12.26…
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Customers’ exchange rates on March 15, 2022
KARACHI, March 15, 2022 – The State Bank of Pakistan (SBP) has released the exchange rates for Tuesday, March 15, 2022. These rates are based on the weighted average rates of commercial banks and are provided for informational purposes only, according to the SBP.
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SBP issues KIBOR rates on March 14, 2022
KARACHI: State Bank of Pakistan (SBP) on Monday issued the Karachi Interbank Offered Rates (KIBOR) as of March 14, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 9.81 10.31 2 – Week 9.89 10.39 1 – Month 10.09 10.59 3 – Month 11.07 11.32 6 – Month 11.68 11.93 9 – Month 11.77 12.27…
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Customers’ exchange rates on March 14, 2022
KARACHI: The State Bank of Pakistan (SBP) on Monday issued customers’ exchange rates for March 14, 2022. The exchange rate is on the basis of weighted average rates of commercial banks. The SBP said the data is compiled and disseminated for information only. These exchange rates are estimates that quoted by various commercial banks to their clients. The banks provide their indicative exchange rates for commercial transactions with customers. CURRENCY BUYING SELLING AED…
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SBP announces task force to boost agriculture finance
KARACHI: The first meeting of the Task Force on Electronic Warehouse Receipt Financing (EWRF) was held under the chairmanship of Governor, State Bank of Pakistan (SBP), Dr. Reza Baqir on Friday in Lahore. The Chief Secretary, Government of Punjab, Kamran Ali Afzal also attended the meeting on special invitation. The EWRF Task Force is a…
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SBP issues KIBOR rates on March 11, 2022
KARACHI: State Bank of Pakistan (SBP) on Friday issued the Karachi Interbank Offered Rates (KIBOR) as of March 11, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 9.79 10.29 2 – Week 9.86 10.36 1 – Month 10.07 10.57 3 – Month 11.04 11.29 6 – Month 11.69 11.94 9 – Month 11.77 12.27…
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Customers’ exchange rates on March 11, 2022
Karachi, March 11, 2022: The State Bank of Pakistan (SBP) has published the official exchange rates for March 11, 2022, providing a snapshot of the currency values against the Pakistani Rupee.
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SBP’s reserves slip by $250 million on foreign payments
KARACHI: The official foreign exchange reserves of State Bank of Pakistan (SBP) declined by $250 million owing to external debt payments. The official reserves of the central bank decreased to $16.212 billion by week ended March 04, 2022. The central bank’s official reserves were $16.462 billion a week ago on February 25, 2022, the SBP…
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SBP issues KIBOR rates on March 10, 2022
KARACHI: State Bank of Pakistan (SBP) on Thursday issued the Karachi Interbank Offered Rates (KIBOR) as of March 10, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 9.80 10.30 2 – Week 9.88 10.38 1 – Month 10.03 10.53 3 – Month 10.97 11.22 6 – Month 11.68 11.93 9 – Month 11.76 12.26…
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SBP receives $2.2 bn as workers remittances in February
KARACHI: The State Bank of Pakistan (SBP) has received $2.2 billion as workers remittances during February 2022, a statement said on Thursday. With $2.2 billion of inflows during February 2022, workers’ remittances continued their strong performance and have remained above $2 billion since June 2020. In terms of growth, during February 2022, remittances increased by…
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