Tag: State Bank of Pakistan
Get the latest State Bank of Pakistan (SBP) news, monetary policy updates, exchange rates, banking regulations, and economic insights.
-
SBP issues KIBOR rates on February 18, 2022
Karachi, February 18, 2022 – The State Bank of Pakistan (SBP) announced the latest Karachi Interbank Offered Rates (KIBOR) on Friday, reflecting the lending and borrowing rates for various tenors in the interbank market. The KIBOR is a crucial benchmark rate, serving as a reference for lending rates in the banking sector and providing an…
Written by
-
Customers’ exchange rates on February 18, 2022
Karachi, February 18, 2022: The State Bank of Pakistan (SBP) has announced the official exchange rates for February 18, 2022, offering insights into currency values against the Pakistani Rupee.
Written by
-
Pakistan’s foreign exchange reserves slip to $23.49 bn
KARACHI: The total liquid foreign exchange reserves of Pakistan have declined by $231 million to $23.49 billion by week ended February 11, 2022, State Bank of Pakistan (SBP) said on Thursday. The foreign exchange reserves of the country were $23.721 billion by week ended February 04, 2022. The official reserves of the central bank fell…
Written by
-
Foreign investment surges by 176% during July – January
KARACHI: The overall inflow of foreign investment in the country recorded 176 per cent during first seven months (July – January) 2021/2022 due to the inflows of debt securities to the tune of $1.057 billion received in January 2022, according to data released by the State Bank of Pakistan (SBP) on Thursday.
Written by
-
SBP issues KIBOR rates on February 17, 2022
KARACHI: State Bank of Pakistan (SBP) on Thursday issued the Karachi Interbank Offered Rates (KIBOR) as of February 17, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 9.77 10.27 2 – Week 9.81 10.31 1 – Month 9.87 10.37 3 – Month 10.19 10.44 6 – Month 10.57 10.82 9 – Month 10.64 11.14…
Written by
-
Customers’ exchange rates on February 17, 2022
Karachi, February 17, 2022: The State Bank of Pakistan (SBP) has issued the official exchange rates for February 17, 2022, offering crucial information on currency values against the Pakistani Rupee.
Written by
-
SBP expands export finance scheme to improve inflows
KARACHI: The State Bank of Pakistan (SBP) on Wednesday expanded the export finance scheme (EFS) to facilitate exporters and encourage timely foreign inflows. The central bank said that it had enhanced the scope of EFS with a to further facilitate exporters and encourage timely inflow of export proceeds. READ MORE: Remittances increase to record $18…
Written by
-
SBP issues KIBOR rates on February 16, 2022
KARACHI: State Bank of Pakistan (SBP) on Wednesday issued the Karachi Interbank Offered Rates (KIBOR) as of February 16, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 9.78 10.28 2 – Week 9.82 10.32 1 – Month 9.87 10.37 3 – Month 10.20 10.45 6 – Month 10.56 10.81 9 – Month 10.64 11.14…
Written by
-
Customers’ exchange rates on February 16, 2022
KARACHI: The State Bank of Pakistan (SBP) on Wednesday issued customers’ exchange rates for February 16, 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…
Written by
-
SBP enhances agriculture credit limits
KARACHI: The State Bank of Pakistan (SBP) on Wednesday enhanced the indicative credit limits for agriculture financing by banks to farmers to align the amount of financing with agriculture input requirements. READ MORE: SBP imposes Rs1.45 billion penalty on 18 banks in 2021 The enhanced indicative credit limits for production and development loans of farm…
Written by