PkRevenue.com – Analysts at Arif Habib Limited on Friday projected a significant policy rate cut by the State Bank of Pakistan (SBP) in its upcoming monetary policy announcement scheduled for June 10, 2024. The market is anticipating a 2% reduction, bringing the policy rate down to 20%, a level last seen in March-April 2023.
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SBP Issues Foreign Exchange Rates as of May 31, 2024
Today, May 31, 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 Sees $270 Million Fall in Foreign Exchange Reserves
PkRevenue.com – In a concerning development for the economy, the foreign exchange reserves of Pakistan have experienced a significant decline.
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SBP Issues Foreign Exchange Rates as of May 30, 2024
Today, May 30, 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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Government Borrowing from Banks Nears Rs 7 Trillion Mark
PkRevenue.com – Government borrowing from banks in Pakistan has surged to unprecedented levels, nearing a staggering Rs 7 trillion. Data from the State Bank of Pakistan (SBP) revealed that between July 1, 2023, and May 17, 2024, the federal government borrowed Rs 6.795 trillion.
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SBP Issues Foreign Exchange Rates as of May 29, 2024
Today, May 29, 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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Foreign Investors Take Out $887 Million from Pakistan
(PkRevenue.com) – Foreign investors have withdrawn a substantial $887 million from Pakistan between July 2023 and April 2024, according to official data released on Tuesday.
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SBP Announces Bank Holiday on Youm-e-Takbeer
PKRevenue.com – The State Bank of Pakistan (SBP) has announced that all banks will observe a holiday on May 28, 2024, in honor of Youm-e-Takbeer.
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SBP Issues Foreign Exchange Rates as of May 27, 2024
Today, May 27, 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 as of May 24, 2024
Today, May 24, 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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