Karachi, November 23, 2024 – Bank deposits held by salaried persons reached an unprecedented Rs 4.47 trillion at the end of October 2024, reflecting a significant 25% year-on-year increase from Rs 3.58 trillion in October 2023, according to data from the State Bank of Pakistan (SBP).
(more…)Tag: State Bank of Pakistan
-
Pakistan Releases Rs 55 Coin for Guru Nanak Anniversary
Islamabad, November 22, 2024 – The State Bank of Pakistan (SBP) announced the release of a commemorative Rs. 55 coin to mark the 555th Jayanti of Baba Guru Nanak Dev Ji, the revered founder of Sikhism. The issuance reflects Pakistan’s commitment to honoring the legacy of religious figures and promoting interfaith harmony.
(more…) -
SBP Revises Shariah Governance Framework for Islamic Banks
Karachi, November 22, 2024 – The State Bank of Pakistan (SBP) has revised the Shariah Governance Framework for Islamic Banking Institutions to align it with international best practices.
(more…) -
SBP Issues Foreign Exchange Rates for November 22, 2024
Today, November 22, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
(more…) -
SBP Increases Forex Reserves by $29M Amid Economic Stability
Karachi, November 21, 2024 – The State Bank of Pakistan (SBP) reported an increase of $29 million in its foreign exchange (forex) reserves for the week ending November 15, 2024, reflecting improving economic stability.
(more…) -
SBP Issues Foreign Exchange Rates for November 21, 2024
Today, November 21, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
(more…) -
SBP Issues Foreign Exchange Rates for November 20, 2024
Today, November 20, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
(more…) -
Pakistan Makes $76.28M Import Payment to India in 4MFY25
Karachi, November 20, 2024 – Pakistan has made an import payment of $76.28 million to India during the first four months (July – October) of the fiscal year 2024-25, according to official data from the State Bank of Pakistan (SBP).
(more…) -
SBP Reaffirms Support for Women-Led Business Initiatives
Karachi, November 19, 2024 – The State Bank of Pakistan (SBP) underscored its dedication to enhancing women’s role in the economic landscape by hosting Women Entrepreneurship Day on November 19, 2024, in Karachi. The event brought together key stakeholders, including banks, civil society, international organizations, and successful women entrepreneurs, to promote inclusive financial participation.
(more…) -
SBP Issues Foreign Exchange Rates for November 19, 2024
Today, November 19, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
(more…)