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 02, 2022
Karachi, February 02, 2022: The State Bank of Pakistan (SBP) has released the official exchange rates for February 02, 2022, offering critical information on currency values against the Pakistani Rupee.
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SBP relaxes deadline for export proceeds realization
KARACHI: The State Bank of Pakistan (SBP) on Tuesday relaxed the deadline for realization of export proceeds by making changes in its earlier notification. The SBP issued EPD Circular No. 02 of 2022 and invited attention of authorized dealers in foreign exchange to FE Circular No. 1 dated January 5, 2022 in terms of which…
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SBP issues KIBOR rates on February 01, 2022
KARACHI: State Bank of Pakistan (SBP) on Tuesday issued the Karachi Interbank Offered Rates (KIBOR) as of February 01, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 9.76 10.26 2 – Week 9.80 10.30 1 – Month 9.85 10.35 3 – Month 10.12 10.37 6 – Month 10.49 10.74 9 – Month 10.61 11.11…
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Customers’ exchange rates on February 01, 2022
Karachi, February 01, 2022: The State Bank of Pakistan (SBP) has issued the official exchange rates for February 01, 2022, providing crucial information on currency values against the Pakistani Rupee.
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SBP issues KIBOR rates on January 31, 2022
KARACHI: State Bank of Pakistan (SBP) on Monday issued the Karachi Interbank Offered Rates (KIBOR) as of January 31, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 9.76 10.26 2 – Week 9.79 10.29 1 – Month 9.84 10.34 3 – Month 10.11 10.36 6 – Month 10.49 10.74 9 – Month 10.62 11.12…
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Customers’ exchange rates on January 31, 2022
Karachi – The State Bank of Pakistan (SBP) released the latest exchange rates for customers on Monday, shedding light on the currency landscape for January 31, 2022.
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SBP issues KIBOR rates on January 28, 2022
KARACHI: State Bank of Pakistan (SBP) on Friday issued the Karachi Interbank Offered Rates (KIBOR) as of January 28, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 9.72 10.22 2 – Week 9.76 10.26 1 – Month 9.79 10.29 3 – Month 10.11 10.36 6 – Month 10.48 10.73 9 – Month 10.62 11.12…
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Customers’ exchange rates on January 28, 2022
Karachi, Pakistan – The State Bank of Pakistan (SBP) announced the official exchange rates for January 28, 2022, based on the weighted average rates of commercial banks.
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Rules amended on remittances on behalf of Hajj, Umrah organizers
KARACHI: The State Bank of Pakistan (SBP) on Thursday amended instructions in Foreign Exchange Manual regarding remittances on behalf of Hajj group and Umrah organizers. The SBP invited attention of banks and exchange companies to Para 45A and 45B, Chapter 17 (Travel) of Foreign Exchange Manual in terms of which banks and exchange companies are…
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Pakistan’s forex reserves plunge by $866 million
KARACHI: Pakistan’s liquid foreign exchange reserves plunged by $866 million to $22.482 billion by week ended January 21, 2022, the central bank said on Thursday. The country’s foreign exchange reserves were at $23.35 billion by week ended January 14, 2022, the State Bank of Pakistan (SBP) said. The official reserves of the central bank sharply…
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