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Tag: State Bank of Pakistan

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Pakistan allows short-term forward deals to boost remittances

April 11, 2026April 11, 2026Mrs. Anjum Shahnawaz

The State Bank of Pakistan has allowed exchange companies to enter into short-term forward sale transactions with banks for up to five working days against incoming home remittances, in a move aimed at enhancing inflows and improving liquidity management.

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Pakistan’s government debt rises by nearly Rs2 trillion in FY26: central bank

April 10, 2026April 10, 2026Mrs. Anjum Shahnawaz

Karachi, April 10, 2026 – Pakistan’s central government debt increased by nearly Rs2 trillion during the first eight months of fiscal year 2025-26, driven largely by higher domestic borrowing to meet financing needs, data released by the State Bank of Pakistan showed on Thursday.

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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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  • Pakistan’s IT Exports Decline Month-on-Month Despite Strong Annual Growth
  • Record Remittances Push Pakistan’s Current Account Into Surplus in May 2026
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