Karachi, December 15, 2024 – The State Bank of Pakistan (SBP) is set to announce its final monetary policy for the year on Monday, December 16, 2024. This SBP decision is highly anticipated, with markets forecasting a significant rate adjustment.
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SBP Shelters Around 99% Bank Depositors in Protection Regime
KARACHI: The State Bank of Pakistan (SBP) has reaffirmed its commitment to safeguarding the interests of the country’s bank depositors, ensuring protection for approximately 99% of all account holders through its robust deposit protection framework.
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PayPal Payment Solution Discussed for Pakistan’s Freelancers
Islamabad, December 13, 2024 – A high-level meeting of the Prime Minister’s Committee on IT Export Remittances convened to address the pressing need for payment solutions, including PayPal, to support Pakistan’s freelancers. The meeting emphasized the urgency of enabling access to global payment gateways and developing localized payment systems to empower IT professionals and enhance Pakistan’s global competitiveness.
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SBP Issues Foreign Exchange Rates for December 13, 2024
Today, December 13, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
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Pakistan’s Forex Reserves Dip Slightly to $16.60 Billion
Karachi, December 12, 2024 – Pakistan’s foreign exchange (forex) reserves experienced a minor dip, falling to $16.60 billion on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday.
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SBP Issues Foreign Exchange Rates for December 12, 2024
Today, December 12, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
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SBP Issues Foreign Exchange Rates for December 11, 2024
Today, December 11, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
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SBP Issues Foreign Exchange Rates for December 10, 2024
Today, December 10, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
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SBP Directs Banks for Free Mobile Phone Transaction Alerts
Karachi, December 10, 2024 – The State Bank of Pakistan (SBP) has issued new directives mandating banks to provide free transaction alerts to customers using digital banking services. The initiative aims to enhance the security and transparency of financial transactions conducted through mobile and internet banking platforms.
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SBP Reports 34% Growth in Home Remittances for 5MFY25
Karachi, December 9, 2024 – The State Bank of Pakistan (SBP) announced on Monday that home remittances have experienced a robust growth of 34% during the first five months (July–November) of the fiscal year 2024-25. This surge reflects the resilience of overseas Pakistanis in contributing to the national economy.
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