The State Bank of Pakistan (SBP) has issued a list of renowned hotels for restricted authorization which are dealing in the foreign currency.
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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 issues procedure for investment in PBC
KARACHI, November 28, 2023 – The State Bank of Pakistan (SBP) has released a comprehensive procedure for expatriate Pakistanis interested in investing in ‘Pakistan Banao Certificates’ (PBC).
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State Bank of Pakistan and Commercial Banks to Close on Kashmir Solidarity Day
Karachi, January 31, 2019 – The State Bank of Pakistan (SBP) declared on Thursday that its offices across the country will remain closed on February 5, 2019, in observance of Kashmir Solidarity Day.
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Pakistan’s foreign exchange reserves increase to $14.8 billion on inflows
KARACHI – Pakistan’s foreign exchange reserves witnessed a robust increase of $1.545 billion for the week ending January 25, 2019, primarily propelled by substantial inflows from Saudi Arabia and the United Arab Emirates (UAE), as reported by the State Bank of Pakistan (SBP) on Thursday.
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SBP raises key policy rate by 25bps to 10.25pc on inflationary concerns
KARACHI: State Bank of Pakistan (SBP) on Thursday decided to further increase key policy rate by 25 basis points to 10.25 percent for next two months effective from February 01, 2019 on concerns over increase in inflation.
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Car loans shrink by 55.3pc on non-filers restriction: State Bank
KARACHI: Car loans in Pakistan witnessed a significant decline of 55.3 percent during the first quarter of the current fiscal year, primarily attributed to government restrictions on non-filers purchasing cars.
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State Bank sells T-Bills worth Rs103.9 billion
KARACHI: The State Bank of Pakistan (SBP) successfully raised Rs103.9 billion through the sale of Market Treasury Bills (MTBs) in an auction held on Wednesday.
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State Bank estimates 9.2pc decline in cotton output in current fiscal year
KARACHI: The State Bank of Pakistan (SBP) said that latest estimates for cotton crop reveal a worrying picture, as the total production in FY19 is estimated at 10.8 million bales, a decrease of 9.2 percent over the last year’s production level, and trailing 24.3 percent behind the targeted level of 14.4 million bales for the year.
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US-China trade tensions: Opportunities, challenges for Pakistan
KARACHI: The State Bank of Pakistan (SBP) in its report on Tuesday highlighted opportunities and challenges for Pakistan in ongoing tensions between the US and China, which have contributed to big swings in key commodity prices and has added uncertainty to the global trade dynamics.
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Unreported gains find way to country’s property market: State Bank
KARACHI: A significant share of the unreported gains finds its way to the country’s property market, which is characterized by low regulatory oversight and absence of concrete know-your-customer requirements, State Bank of Pakistan (SBP) said on Tuesday in a report.
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