Karachi, March 20, 2024 – The State Bank of Pakistan (SBP) announced on Wednesday that the foreign direct investment (FDI) into the country has witnessed a significant decline of 17.1 percent during the first eight months (July – February) of the fiscal year 2023-24.
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SBP Issues Foreign Exchange Rates as of 20 March 2024
Karachi, 20 March 2024 – Today, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions on 20 March 2024.
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Pakistan’s CAD Shrinks 74% to $999M in 8MFY24
Karachi – Pakistan’s economic landscape shows promising signs as the country’s Current Account Deficit (CAD) has seen a substantial reduction by 74 percent, dwindling to $999 million during the initial eight months (July – February) of fiscal year 2023-24, according to recent data unveiled by the State Bank of Pakistan (SBP) on Tuesday.
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SBP Issues Foreign Exchange Rates as of 19 March 2024
Karachi, 19 March 2024 – Today, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions on 19 March 2024.
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SBP Maintains Policy Rate at 22% Amid Inflation Uptick Risk
Karachi, March 18, 2024 – The State Bank of Pakistan (SBP) has announced the decision to maintain the benchmark policy rate at 22 percent, citing concerns about the risk of inflation uptick in the country.
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SBP Issues Foreign Exchange Rates as of 18 March 2024
Karachi, 18 March 2024 – Today, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions on 18 March 2024.
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State Bank of Pakistan Denies Plans for Plastic Banknotes
Karachi, March 16, 2024 – Recent speculation regarding the potential introduction of plastic banknotes in Pakistan has been firmly addressed by the State Bank of Pakistan (SBP), which issued a statement on Saturday refuting any such plans.
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SBP Set to Unveil Monetary Policy on March 18
Karachi, March 15, 2024 – The State Bank of Pakistan (SBP) announced on Friday that it will unveil its monetary policy on Monday, March 18, 2024.
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SBP Issues Foreign Exchange Rates as of 15 March 2024
Karachi, 15 March 2024 – Today, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions on 15 March 2024.
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Pakistan Witnesses $131 Million Rise in Weekly Forex Reserves
Karachi, March 14, 2024 – Pakistan has recorded a significant rise of $131 million in its weekly foreign exchange reserves for the week ending March 8, 2024, according to the State Bank of Pakistan (SBP).
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