Monetary Policy Announcement
The Monetary Policy Committee (MPC) of SBP will meet on Monday, March 18 to decide about the Monetary Policy. Later on, SBP will issue the Monetary Policy Statement through a…
State Bank of Pakistan categorically denies news reports about issuance of Polymer Banknotes Series
Apropos the reports circulating on various news portals regarding issuance of polymer (plastic) banknotes. SBP strongly refutes the reports as baseless and without substance. There is no such plan or…
SBP releases Second Quarterly Payment Systems Review for FY 24
State Bank of Pakistan (SBP) has released its Quarterly Payment Systems Review for the second quarter of the fiscal year 2023-24. This report showcases significant progress in Pakistan’s payment ecosystem…
Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 13,020.0 million as of 01-Mar-2024. The break-up of the foreign reserves position is as under: i) Foreign reserves…
SECP notifies amendments to Corporate Restructuring Companies Rules, 2019
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), under the auspices of the federal government, has notified amendments to the Corporate Restructuring Companies Rules, 2019. The amendments made in…
SBP to hold 1st edition of Pakistan Financial Literacy Week 2024 from March 04-08-2024
Governor State Bank of Pakistan (SBP) Mr. Jameel Ahmad will inaugurate Pakistan Financial Literacy Week (PFLW) 2024 on March 04, 2024 at an event at SBP Karachi. The theme for…
Result of SBP OMO Mop-up February 29 2024
Result of SBP Open Market Operations (OMO) Mop-up February 29 2024 Result of SBP Open Market Operations (OMO) Mop-up
Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 13,097.8 million as of 16-Feb-2024. The break-up of the foreign reserves position is as under: i) Foreign reserves…
Result of SBP OMO Injection February 16, 2024
Result of SBP Open Market Operations (OMO)-Injection Result of SBP Open Market Operations (OMO)-Injection Result of SBP Shariah Compliant (OMO)-Injection Result of SBP Shariah Compliant (OMO)-Injection
Cancellation of Authorization/License issued to M/s PBS Exchange Company (Pvt.) Limited
The State Bank of Pakistan (SBP) on February 12, 2024 has cancelled the authorization/license of M/s. PBS Exchange Company (Pvt.) Limited on account of contraventions of the relevant laws and…
SBP Initiates the Process for Issuance of New Banknote Series
State Bank of Pakistan (SBP) has initiated the process for designing and issuing a New Banknotes Series of all existing denominations. It is an established practice of central banks to…
Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 13,341.4 million as of 19-Jan-2024. The break-up of the foreign reserves position is as under: Foreign reserves held…
Result of SBP OMO Injection January 26, 2024
Result of SBP Open Market Operations (OMO)-Injection Result of SBP Open Market Operations (OMO)-Injection Result of SBP Shariah Compliant (OMO)-Injection Result of SBP Shariah Compliant (OMO)-Injection
Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 13,220.6 million as of 29-Dec-2023. The break-up of the foreign reserves position is as under: i) Foreign reserves…
Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 12,855.7 million as of 22-Dec-2023. The break-up of the foreign reserves position is as under: i) Foreign reserves…
Bank Holiday
The State Bank of Pakistan will remain closed for public dealing on Monday, January 01, 2024, which will be observed as ‘Bank Holiday’. All banks / DFIs / MFBs shall,…
OPENING OF BRANCHES FOR COLLECTION OF GOVERNMENT RECEIPTS / DUTIES / TAXES ON 30th AND 31st DECEMBER 2023
To facilitate the taxpayers in payment of Government duties / taxes, it has been decided that branches of all banks that are open on Saturday shall observe extended working hours…
Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 12,068.4 million as of 15-Dec-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…
Banks must Increase their Outreach and Penetration to Agriculture Sector-Governor SBP
The annual meeting of Agricultural Credit Advisory Committee (ACAC) was held on December 14, 2023 in Lahore, under the chairmanship of the Governor, State Bank of Pakistan (SBP), Mr. Jameel…
Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 12,206.4 million as of 08-Dec-2023. The break-up of the foreign reserves position is as under: i) Foreign reserves…