Today, April 18, 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 Deposits in Pakistan Cross Rs28 Trillion, Making New High
Karachi, April 18, 2024 – In a historic milestone for Pakistan’s financial landscape, bank deposits have soared to unprecedented levels, surpassing the Rs 28 trillion mark for the first time in history.
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SBP Slaps Banks with Rs 776 Million Penalty in 1Q of 2024
Karachi, April 17, 2024 – The State Bank of Pakistan (SBP) has wielded its regulatory authority, imposing a hefty penalty of Rs 776 million on several banks and an exchange company for breaching regulations during the first quarter of 2024, which ended on March 31.
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SBP Issues Foreign Exchange Rates as of April 17, 2024
Today, April 17, 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 April 16, 2024
Today, April 16, 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 Witness Growth, Reach $13.44 Billion
Karachi – Pakistan’s foreign exchange reserves have seen a notable increase, rising by $62 million to $13.44 billion by the week ending April 5, 2024.
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SBP Issues Foreign Exchange Rates as of April 15, 2024
Today, April 15, 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 Repays $1 Billion Towards International Bonds
Pakistan has successfully completed the repayment of $1 billion towards its International Bond on April 12, 2024, as announced by the State Bank of Pakistan (SBP) on Saturday.
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Pakistan Faces 4.8% Drop in Registered Prize Bond Investments
In a concerning development for Pakistan’s financial landscape, data released by the State Bank of Pakistan (SBP) reveals a notable 4.8 percent decline in registered prize bond investments by the end of February 2024 compared to the same period the previous year.
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Govt Borrowing Skyrockets by 138% to Rs 4.84 Trillion in 9MFY24
Karachi, April 11, 2024 – Official data reveals a staggering surge in government borrowing from the banking system, soaring to Rs 4.84 trillion during the initial nine months (July – March) of the fiscal year 2023-24.
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