The State Bank of Pakistan (SBP) released the Karachi Interbank Offered Rates (KIBOR) for various tenors on Monday, August 2, 2021, providing updated benchmarks for interbank lending and borrowing activities in the financial sector.
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Get the latest State Bank of Pakistan (SBP) news, monetary policy updates, exchange rates, banking regulations, and economic insights.
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SBP approves PIA Sukuk for SLR maintenance
KARACHI: The State Bank of Pakistan (SBP) on Monday approved Sukuk to be issued by Pakistan International Airlines Company Limited (PIACL) for the requirement of Statutory Liquidity Requirement (SLR).
The SBP said that in terms of Government of Pakistan, Ministry of Finance notification S.R.O. 746(I)/2021 dated May 31, 2021, the privately placed Sukuk to be issued by Pakistan International Airlines Company Limited (PIACL) under the title of “PIA-Sukuk-I” shall be approved security for the maintenance of SLR under sub-section 1 of section 29 of the Banking Companies Ordinance, 1962.
Further, SLR eligibility limit (i.e. 7 percent) on Public Sector Sukuk shall be applicable on PIA Sukuk-I in accordance with the provisions of the Circular referred above.
The ministry of finance issued SRO 746 (I)/2021 dated May 31, 2021 to announce that privately placed Sukuk to be issued by PIACL up to Rs20 billion shall be guaranteed by the government of Pakistan and shall be approved security for the maintenance of liquid assets.
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SBP issues customers exchange rates for August 02
KARACHI: The State Bank of Pakistan (SBP) on Monday issued customers’ exchange rates. The exchange rate is on the basis of weighted average rates of commercial banks.
The SBP said the data 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 44.3802 44.4745 AUD 119.6517 119.9087 CAD 130.6071 130.8772 CHF 179.8624 180.2451 CNY 25.2340 25.2843 EUR 193.4138 193.8341 GBP 226.5118 226.9954 JPY 1.4851 1.4884 SAR 43.4361 43.5278 USD 162.8677 163.2310 -

KIBOR rates for July 30, 2021
KARACHI: State Bank of Pakistan (SBP) on Friday issued following Karachi Interbank Offered Rates (KIBOR) on July 30, 2021.
Tenor BID OFFER 1 – Week 6.91 7.41 2 – Week 6.96 7.46 1 – Month 7.01 7.51 3 – Month 7.13 7.38 6 – Month 7.34 7.59 9 – Month 7.44 7.94 1 – Year 7.53 8.03 -

SBP issues customers exchange rates for July 30
KARACHI: The State Bank of Pakistan (SBP) on Friday issued customers’ exchange rates. The exchange rate is on the basis of weighted average rates of commercial banks.
The SBP said the data 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 4 4.2343 4 4.3285 AUD 1 19.8483 1 20.0976 CAD 1 30.3840 1 30.6608 CHF 1 78.9552 1 79.3260 CNY 2 5.1539 2 5.2042 EUR 1 92.8824 1 93.2971 GBP 2 26.3450 2 26.8323 JPY 1 .4817 1 .4849 SAR 4 3.2897 4 3.3844 USD 1 62.3331 1 62.6964 -

KIBOR rates on July 29, 2021
KARACHI: State Bank of Pakistan (SBP) on Thursday issued following Karachi Interbank Offered Rates (KIBOR) on July 29, 2021.
Tenor BID OFFER 1 – Week 6.91 7.41 2 – Week 6.96 7.46 1 – Month 7.01 7.51 3 – Month 7.14 7.39 6 – Month 7.35 7.60 9 – Month 7.46 7.96 1 – Year 7.54 8.04 -

SBP issues customers exchange rates for July 29
KARACHI: The State Bank of Pakistan (SBP) on Thursday issued customers’ exchange rates. The exchange rate is on the basis of weighted average rates of commercial banks.
The SBP said the data 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 44.0481 44.1423 AUD 119.3867 119.6360 CAD 129.4700 129.7462 CHF 177.8768 178.2481 CNY 25.0127 25.0624 EUR 191.7175 192.1402 GBP 225.2407 225.7249 JPY 1.4726 1.4759 SAR 43.1108 43.2024 USD 161.6499 162.0132 -

KIBOR rates on July 27, 2021
The Karachi Interbank Offered Rate (KIBOR) held relatively steady across various tenors on July 28, 2024, reflecting cautious sentiment in the financial markets amid macroeconomic uncertainty and expectations surrounding future monetary policy decisions.
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SBP issues customers exchange rates for July 28
The State Bank of Pakistan (SBP) on Wednesday released the latest exchange rates for customers, based on the weighted average rates provided by commercial banks. This data, compiled and disseminated for informational purposes, reflects the estimated rates quoted by various commercial banks to their clients for commercial transactions.
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KIBOR rates on July 27, 2021
KARACHI: State Bank of Pakistan (SBP) on Tuesday issued following Karachi Interbank Offered Rates (KIBOR) on July 27, 2021.
Tenor BID OFFER 1 – Week 6.95 7.45 2 – Week 6.98 7.48 1 – Month 7.03 7.53 3 – Month 7.16 7.41 6 – Month 7.36 7.61 9 – Month 7.45 7.95 1 – Year 7.53 8.03