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Tag: State Bank of Pakistan

foreign exchange

Pakistan forex reserves rise by $105 million, central bank says

April 9, 2026April 9, 2026Shahnawaz Akhter

KARACHI, April 9 – Pakistan’s foreign exchange reserves increased by $105 million in the week ended April 3, the State Bank of Pakistan said on Thursday, offering modest support to the country’s external position.

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State Bank of Pakistan Report

SBP Releases Interbank Exchange Rates for April 9, 2026

April 9, 2026April 9, 2026Faisal Shahnawaz

Karachi, April 9, 2026 — The State Bank of Pakistan (SBP) has issued the latest daily interbank currency exchange rates for Thursday, providing essential guidance for banking customers and businesses involved in foreign trade.

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Pakistan receives $3.8 billion in remittances in March 2026 despite Iran war

April 8, 2026April 8, 2026Mrs. Anjum Shahnawaz

Karachi, April 8, 2026— Pakistan recorded strong inflows of workers’ remittances in March 2026, reaching $3.8 billion despite ongoing geopolitical tensions linked to the Iran conflict. The figures were released by the State Bank of Pakistan (SBP) on Wednesday, highlighting the resilience of overseas Pakistanis during a period of global uncertainty.

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State Bank of Pakistan Report

SBP releases latest interbank exchange rates: April 8, 2026

April 8, 2026April 8, 2026Faisal Shahnawaz

Karachi, April 8, 2026 – The State Bank of Pakistan has released the latest daily interbank foreign exchange rates for Wednesday, providing key reference rates to support banking customers, businesses, and financial institutions across the country.

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State Bank of Pakistan Report

SBP Releases Interbank Exchange Rates for April 7, 2026

April 7, 2026April 7, 2026Faisal Shahnawaz

KARACHI: The State Bank of Pakistan (SBP) on Tuesday issued the latest interbank foreign exchange rates to assist banking customers and businesses engaged in international transactions.

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SBP mandates declaration for foreign inflows above $25,000

April 7, 2026April 7, 2026Shahnawaz Akhter

KARACHI: The State Bank of Pakistan has introduced a new regulatory requirement making it mandatory to submit a declaration for foreign inflows exceeding $25,000, aiming to enhance transparency and strengthen monitoring of cross-border financial transactions.

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state bank of pakistan 03

Government bank borrowing surges 61% in 9MFY26, SBP data shows

April 7, 2026April 7, 2026Shahnawaz Akhter

The federal government’s borrowing from commercial banks surged by 61% during the first nine months of fiscal year 2025-26, highlighting growing reliance on domestic financing, according to data released by the State Bank of Pakistan (SBP).

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SBP launches major reforms to support freelancers and IT exporters

April 6, 2026April 6, 2026Hamza Shahnawaz

Karachi, April 6, 2026 – The State Bank of Pakistan (SBP) has introduced a series of landmark initiatives aimed at facilitating freelancers and IT exporters, marking a significant step toward strengthening Pakistan’s digital economy.

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State Bank of Pakistan Report

SBP Issues Interbank Exchange Rates for April 6, 2026

April 6, 2026April 6, 2026Faisal Shahnawaz

The State Bank of Pakistan (SBP) has released the latest interbank foreign exchange rates for Monday, April 6, 2026, providing guidance to banking customers and businesses engaged in international transactions across Pakistan.

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Pakistan UAE

Ministry clarifies UAE deposit repayment, rejects misleading claims

April 4, 2026April 4, 2026Mrs. Anjum Shahnawaz

Islamabad, April 4, 2026 – The Ministry of Foreign Affairs has firmly rejected recent misleading and unfounded commentary regarding financial deposits from the United Arab Emirates (UAE) held with the State Bank of Pakistan (SBP), clarifying that the repayment process is part of routine financial arrangements between the two countries.

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