Today, May 3, 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’s Forex Reserves Climb Modestly to $13.32 billion
Karachi, May 2, 2024 – Pakistan’s foreign exchange (forex) reserves have shown a modest increase, reaching $13.32 billion by the week ended April 26, 2024, according to the latest figures released by the State Bank of Pakistan (SBP).
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SBP Issues Foreign Exchange Rates as of May 2, 2024
Today, May 2, 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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State Bank of Pakistan Receives $1.1 Billion from IMF
Karachi, April 30, 2024 – The State Bank of Pakistan (SBP) confirmed receiving $1.1 billion from the International Monetary Fund (IMF) on Tuesday.
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SBP Issues Foreign Exchange Rates as of April 30, 2024
Today, April 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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Repatriation of Profits and Dividends Skyrockets 256% in 9MFY25
Karachi, April 29, 2024 – A significant uptick has been observed in the repatriation of profits and dividends by foreign companies in Pakistan, with figures surging 256% in the period from July 2023 to March 2024.
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SBP Holds Policy Rate Steady at 22% Amid Economic Recovery
Karachi, April 29, 2024 – The State Bank of Pakistan (SBP) has decided to maintain its benchmark policy rate at 22 percent, the bank’s Monetary Policy Committee (MPC) announced after its meeting today.
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SBP Issues Foreign Exchange Rates as of April 29, 2024
Today, April 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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Bank holiday Announced for May 1, 2024
Karachi, April 29, 2024 – In alignment with the national observance of Labor Day, the State Bank of Pakistan (SBP) has officially declared a bank holiday on May 1, 2024.
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SBP Calls for Unpopular but Necessary Economic Measures
KARACHI: In a candid address during the Members Convocation of the Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan), Jameel Ahmad, Governor of the State Bank of Pakistan (SBP), stressed the urgent need for unpopular yet necessary measures to bolster the nation’s economy.
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