Today, August 30, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
(more…)Tag: State Bank of Pakistan
-
SBP Designates Three Banks as Systemically Important for 2024
Karachi, August 29, 2024 – The State Bank of Pakistan (SBP) has announced the designation of Domestic Systemically Important Banks (D-SIBs) for the year 2024.
(more…) -
SBP Records $111 Million Increase in Foreign Exchange Reserves
Karachi, August 29, 2024 – The State Bank of Pakistan (SBP) has reported a modest increase in its foreign exchange reserves, marking a $111 million rise for the week ending August 23, 2024. This uptick brings the total reserves held by the central bank to $9.403 billion, up from $9.292 billion the previous week.
(more…) -
SBP Issues Foreign Exchange Rates for August 29, 2024
Today, August 29, 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 August 28, 2024
Today, August 28, 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 Enhances Bank Deposit Protection to Rs 500,000
Karachi, August 28, 2024 – In a significant move to enhance the financial security of depositors, the State Bank of Pakistan (SBP) has doubled the deposit protection limit to Rs 500,000 per account.
(more…) -
SBP Issues Foreign Exchange Rates for August 27, 2024
Today, August 27, 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 August 26, 2024
Today, August 26, 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 August 23, 2024
Today, August 23, 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’s Forex Reserves Inch Up, Reaching $14.67 Billion
KARACHI, August 22, 2024 – Pakistan’s foreign exchange reserves experienced a slight uptick, closing at $14.67 billion as of August 16, 2024, according to a report released by the State Bank of Pakistan (SBP) on Thursday. This marks a modest increase of $22 million from the previous week’s reserves, which stood at $14.645 billion on August 9, 2024.
(more…)