Karachi, March 11, 2026 – The State Bank of Pakistan (SBP) has temporarily allowed the import of crude oil and petroleum products on CIF (Cost, Insurance, and Freight) basis for a period of 60 days, citing uncertainty arising from the ongoing Iran war and the strategic importance of energy supplies for the country.
(more…)Tag: State Bank of Pakistan
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Government borrowing from commercial banks surges 203% in 8MFY26
Karachi, March 11, 2026 – The State Bank of Pakistan reported a staggering 203% surge in government borrowing from commercial banks during the first eight months (July–February) of the fiscal year 2025-26, compared to the same period last year.
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SBP Releases Today’s Interbank Foreign Exchange Rates – March 11, 2026
Karachi, March 11, 2026 – The State Bank of Pakistan has released the latest interbank foreign exchange rates for Wednesday, March 11, 2026, providing updated currency rates to assist banking consumers, traders, and businesses in planning their foreign transactions.
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Pakistan receives $26.50 billion in workers’ remittances in 8MFY26: SBP
Karachi, March 10, 2026 – The State Bank of Pakistan (SBP) reported that overseas Pakistani workers sent $26.50 billion in remittances during the first eight months (July to February) of the current fiscal year 2025-26. This represents a 10.5% increase compared to $23.98 billion received during the same period last year.
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SBP Releases Interbank Foreign Exchange Rates for March 10, 2026
Karachi, March 10, 2026 – The State Bank of Pakistan (SBP) has released the daily interbank foreign exchange rates for Tuesday, providing updated currency values to facilitate banking customers, businesses, and financial market participants across Pakistan.
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SBP holds policy rate at 10.50% amid rising macroeconomic risks
KARACHI, March 9, 2026: The State Bank of Pakistan (SBP) on Monday announced that it will keep the benchmark key policy rate unchanged at 10.50%, citing a significant increase in risks to the country’s macroeconomic outlook amid global geopolitical uncertainties.
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SBP releases daily interbank currency exchange rates – March 9, 2026
KARACHI, March 9, 2026: The State Bank of Pakistan (SBP) on Monday released the daily interbank currency exchange rates to provide guidance for banking consumers and facilitate foreign exchange transactions.
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Will SBP increase interest rates after sharp fuel price hike?
Karachi, March 7, 2026 – The upcoming monetary policy announcement by the State Bank of Pakistan has become the center of attention for investors and economists after the government sharply increased petroleum prices earlier this week.
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SBP imposes Rs329 million penalty on HBL in 2025
KARACHI – March 7, 2026: The State Bank of Pakistan (SBP) has imposed a monetary penalty of around Rs329 million on Habib Bank Limited (HBL) during the calendar year 2025, according to the bank’s latest financial disclosures.
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SBP releases daily interbank currency exchange rates – March 6, 2026
Karachi, March 6, 2026: The State Bank of Pakistan (SBP) has released the latest daily interbank currency exchange rates for Friday, March 6, 2026, to guide banking consumers, businesses, and traders in foreign exchange transactions.
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