SBP implements major reforms in exchange companies sector
The reforms also entail consolidating various existing exchange companies and their franchisees
Sbp
Pakistan's debt servicing nears Rs8 trillion amid policy rate uncertainty
Govt raises Rs1.4 trillion at a weighted average markup rate slightly exceeding 23pc
Banks' deposits soar to Rs26.11 trillion in August, up by nearly 18pc
Total advances extended by banks also recorded positive momentum, increasing by 7.82% to reach Rs11.77
State Bank of Pakistan maintains policy rate at 22%
Committee notes that while global oil prices have risen, inflation still projected to trend down
Digital currency: Will Pakistan's bold move bring economic stability?
SBP already commenced groundwork for introduction of digital currency
Pakistan's forex reserves surge by $56.4 million in just one week: SBP
Nation's total reserves also witnessed a positive trend, growing by $107.5 million or 0.82pc
Govt unveils 'Centralized Gateway Portal'
Platform is envisioned to greatly help financial institutions by reducing the costs and complexities
Pakistani rupee takes the lead on global currency charts in September
PKR comeback can be traced back to concerted efforts by incumbents to crack down on illegal dollar trading
'Rs 69.5 billion laundered by individuals in last five years'
Solar panel/equipment importers involved in massive money laundering
Bank deposits are absolutely safe, SBP clarifies
Deposits only up to 500,000 rupees have legal cover: warns State Bank
Rs0.5 mln bank deposit remarks: LCCI President urges responsible financial communication
Bank deposits are absolutely safe, SBP clarifies
SBP says both blue & green colour banknotes of Rs75 are legal tender
Clarification comes amid reports by social media users that banknotes were not being accepted by retailers
SBP keeps policy rate unchanged at 22% amid IMF review
This decision comes at a crucial juncture for Pakistan's economic growth
Banks likely to observe 4-day holiday
Mohsin Naqvi asks State Bank governor to shut down banks on Friday, Saturday in view of worsening smog
Pakistan's forex reserves decline by $115 million
Total liquid foreign reserves for the country are reported at $12.5 billion
Senators say SBP employees getting salaries more than Parliamentarians
“Salaries in State Bank are higher than Finance Ministry and Senate,” Shamshad Akhtar admits.
Saudi Arabia extends $3 billion deposit term for Pakistan
Initial $3bln deposit agreement was inked in 2021 through the SFD
PKR exchange rate today to USD, EUR, GBP, AED, SAR, AUD, INR
Forex markets in Pakistan are open from 9am to 5pm
PKR exchange rate today to USD, EUR, GBP, AED, SAR, AUD, INR
Forex markets in Pakistan are open from 9am to 5pm
PKR exchange rate today to USD, EUR, GBP, AED, SAR, AUD, INR
Forex markets in Pakistan are open from 9am to 5pm
How to apply for SBP Summer Internship Program 2024?
Last date to submit online application is February 15, 2024.
SBP-held foreign exchange reserves reach at $8.05bn
"During the week ended on 9-Feb-2024, SBP’s reserves increased by US$ 13 million to US$ 8,056.5 million,” the central bank said.
SBP imposes over Rs755mln in penalties on banks and exchange company
Enforcement actions come as part of SBP's vigilant oversight to ensure adherence to regulatory guidelines
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