Pakistan’s SBP-held foreign exchange reserves reach at $8.05 Billion
According to the State Bank of Pakistan (SBP), the nation's foreign exchange reserves have recorded a weekly increase of $13 ...
Tag: SBP
SBP maintains interest rate at 22%
State Bank of Pakistan’s (SBP) Monetary Policy Committee Monday announced maintaining the status quo, leaving the key policy rate unchanged ...
Pakistan Set to Launch Online Forex Trading Platform by January 2024
Pakistan is gearing up to launch an online forex trading platform by the end of January 2024, in adherence to ...
Biometric verification to be made mandatory for purchase of $500 and above
To curb the hoarding of US dollars, the State Bank of Pakistan has introduced a plan requiring biometric verification for ...
Pakistan’s Current Account Surplus of $397 Million in December Reverses six-month Deficit Streak
In December, Pakistan recorded a current account surplus of $397 million, marking a reversal from six consecutive months of deficits. ...
Pakistan ‘Hopeful’ of $2 Billion UAE Deposit Rollover
Pakistan is hopeful about the possibility of the United Arab Emirates (UAE) rolling over $2 billion in deposits, as the ...
IMF’s Executive Board to consider Pakistan’s case for $700m tranche on Jan 11
The International Monetary Fund (IMF) is set to consider Pakistan's request for the completion of the first review and the ...
Pakistan’s total liquid foreign reserves reach $12.8b
Pakistan's total liquid foreign reserves rose to US$12,855.7 million, with the central bank's reserves reaching $7,757.1 million in the week ...
Pakistan’s foreign exchange reserves drop to $12.65 bln
According to the State Bank of Pakistan, the total liquid foreign reserves of Pakistan reached US$ 12.6560 billion while reserves ...
Both blue and green-colored Rs75 banknotes are recognized as legal tender: SBP
The State Bank of Pakistan (SBP) has issued a clarification regarding the acceptance of both the green and blue Rs75 ...