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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Customers’ exchange rates on February 10, 2022
KARACHI: The State Bank of Pakistan (SBP) on Thursday issued customers’ exchange rates for February 10, 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 allows banks remitting visa fee
KARACHI: The State Bank of Pakistan (SBP) on Wednesday allowed banks in remitting visa fees collected in Pak Rupee (PKR) accounts. The SBP invited authorized dealers or banks towards FE Circular No. 07 dated August 05, 2021 in terms of which SBP notified revision of Chapter 14 (Commercial Remittance) of Foreign Exchange Manual. READ MORE:…
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SBP issues KIBOR rates on February 09, 2022
KARACHI: State Bank of Pakistan (SBP) on Wednesday issued the Karachi Interbank Offered Rates (KIBOR) as of February 09, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 9.70 10.20 2 – Week 9.75 10.25 1 – Month 9.82 10.32 3 – Month 10.13 10.38 6 – Month 10.48 10.73 9 – Month 10.58 11.08…
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Customers’ exchange rates on February 09, 2022
Karachi, February 09, 2022: The State Bank of Pakistan (SBP) has released the official exchange rates for February 09, 2022, providing important insights into currency values against the Pakistani Rupee.
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SBP issues KIBOR rates on February 08, 2022
KARACHI: State Bank of Pakistan (SBP) on Tuesday issued the Karachi Interbank Offered Rates (KIBOR) as of February 08, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 9.72 10.22 2 – Week 9.77 10.27 1 – Month 9.83 10.33 3 – Month 10.13 10.38 6 – Month 10.49 10.74 9 – Month 10.58 11.08…
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Customers’ exchange rates on February 08, 2022
Karachi, February 08, 2022: The State Bank of Pakistan (SBP) has issued the official exchange rates for February 08, 2022, providing valuable information on currency values against the Pakistani Rupee.
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SBP imposes penalty of Rs58 million on five banks
KARACHI: The State Bank of Pakistan (SBP) has imposed penalty of Rs58 million on five commercial banks for violating regulatory provisions during quarter ended December 31, 2021. According to an official note released on Tuesday, the SBP said it had imposed penalty on five commercial banks, included: Bank Alhabib Limited, The Bank of Punjab, Standard…
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SBP issues KIBOR rates on February 07, 2022
KARACHI: State Bank of Pakistan (SBP) on Monday issued the Karachi Interbank Offered Rates (KIBOR) as of February 07, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 9.76 10.26 2 – Week 9.80 10.30 1 – Month 9.84 10.34 3 – Month 10.13 10.38 6 – Month 10.49 10.74 9 – Month 10.58 11.08…
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SBP welcomes Pakistanis in KSA for RDA support
KARACHI: The State Bank of Pakistan (SBP) has welcomed the Pakistani diaspora in the Kingdom of Saudi Arabia (KSA) for their support of the SBP’s initiative of Roshan Digital Account (RDA).
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Customers’ exchange rates on February 07, 2022
Karachi, February 07, 2022: The State Bank of Pakistan (SBP) has unveiled the official exchange rates for February 07, 2022, providing essential information on currency values against the Pakistani Rupee.
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