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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Pakistan’s current account deficit balloons to $9.1 bn
KARACHI: Pakistan’s current account deficit ballooned to $9.1 billion during first half (July – December) 2021/2022 as compared with a surplus of $1.25 billion in the corresponding half of the last fiscal year, State Bank of Pakistan (SBP) said on Saturday. READ MORE: Pakistan’s CAD balloons to $7.1 billion in five months The significant current…
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SBP issues KIBOR rates on January 21, 2022
KARACHI: State Bank of Pakistan (SBP) on Friday issued the Karachi Interbank Offered Rates (KIBOR) as of January 21, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 9.70 10.20 2 – Week 9.78 10.28 1 – Month 9.85 10.35 3 – Month 10.15 10.40 6 – Month 11.18 11.43 9 – Month 11.22 11.72…
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Customers’ exchange rates on January 21, 2022
Karachi, Pakistan – The State Bank of Pakistan (SBP) has issued the official exchange rates for January 21, 2022, providing customers with essential information based on the weighted average rates of commercial banks.
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SBP issues KIBOR rates on January 20, 2022
KARACHI: State Bank of Pakistan (SBP) on Thursday issued the Karachi Interbank Offered Rates (KIBOR) as of January 20, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 9.62 10.12 2 – Week 9.69 10.19 1 – Month 9.80 10.30 3 – Month 10.18 10.43 6 – Month 11.20 11.45 9 – Month 11.24 11.74…
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Pakistan’s foreign exchange reserves drop to $23.35 bn
KARACHI: Pakistan’s liquid foreign exchange reserves dropped by $551 million to $23.35 billion by week ended January 14, 2022, State Bank of Pakistan (SBP) said on Thursday. The foreign exchange reserves of the country were at $23.901 billion by week ended January 07, 2022. The official foreign exchange reserves of the SBP fell by $562…
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Customers’ exchange rates on January 20, 2022
Karachi, Pakistan – On Thursday, the State Bank of Pakistan (SBP) issued the official exchange rates for January 20, 2022, providing customers with essential information based on the weighted average rates of commercial banks.
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SBP digitizes process to facilitates export refinance
KARACHI: State Bank of Pakistan (SBP) has facilitated exporters and banks by digitizing the process for obtaining refinance under Export Finance Scheme (EFS). The process has been digitized for both conventional and Shariah compliant versions, the SBP said on Wednesday. READ MORE: SBP warns banks of penal action for delaying transaction alerts Digitization of the…
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SBP issues KIBOR rates on January 19, 2022
KARACHI: State Bank of Pakistan (SBP) on Wednesday issued the Karachi Interbank Offered Rates (KIBOR) as of January 19, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 9.62 10.12 2 – Week 9.71 10.21 1 – Month 9.82 10.32 3 – Month 10.18 10.43 6 – Month 11.19 11.44 9 – Month 11.24 11.74…
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Customers’ exchange rates on January 19, 2022
KARACHI: The State Bank of Pakistan (SBP) on Wednesday issued customers’ exchange rates for January 19, 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 issues KIBOR rates on January 18, 2022
KARACHI: State Bank of Pakistan (SBP) on Tuesday issued the Karachi Interbank Offered Rates (KIBOR) as of January 18, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 9.64 10.14 2 – Week 9.72 10.22 1 – Month 9.81 10.31 3 – Month 10.16 10.41 6 – Month 11.17 11.42 9 – Month 11.22 11.72…
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