Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 12,912.9 million as of 13-Oct-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…
FPCCI seeks clarity on SBP’s essential and non-essential items list in PSW
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has taken cognizance of the reports that the State Bank of Pakistan (SBP) has its own list of essential…
Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 9,815.9 million as of 24-Mar-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…
Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 14,678.9 million as of 28-Oct-2022. The break-up of the foreign reserves position is as under:- Foreign reserves held…
All Banks and their branches shall remain open on Saturday, April 30, 2022
It is clarified that all banks and their branches shall remain open on Saturday, April 30, 2022 in line with SBP’s instructions embodied in BPRD Circular Letter No. 11 of…
Governor State Bank visits CDC to further strengthen SBP’s commitment to the development of Pakistan Capital Market
Karachi: Governor State Bank Dr. Reza Baqir visited CDC House to mark the successful operationalization of important projects for Pakistan Capital Market, namely Roshan Equity and RAAST for Dividend payments,…
PM Launches SBP’s Free Raast Person-to-Person Instant Payments System
The Honorable Prime Minister of Pakistan, Mr. Imran Khan launched the second phase of Raast, called Person-to-Person instant payment system in a ceremony in Islamabad today. Raast, a flagship initiative…
President of Pakistan unveils SBP’s ‘Banking on Equality’ Policy to reduce gender gap in financial inclusion
State Bank of Pakistan (SBP) has launched a gender mainstreaming policy titled “Banking on Equality: Reducing the Gender Gap in Financial Inclusion”, which aims to reduce the gender gap in…
SBP’s maintaining status quo illogical amid falling inflation, rising growth
The Federation of Pakistan Chambers of Commerce and Industry’s ruling group has raised concern over keeping monetary policy rate unchanged at 7% for the third consecutive time, however, hailed the…
SBP’s facilitates businesses availing financing under Rozgar Scheme to disburse salaries before Eid-ul-Azha
State Bank of Pakistan (SBP) has allowed disbursement of wages/ salaries for the month of July to be made before Eid-ul-Azha under its Rozgar Scheme. Earlier the banks were required…
Governor SBP highlights results of reforms and shares with OICCI measures to streamline processes for ease of doing business
Karachi: ‘The reforms to address the macroeconomic challenges faced by the economy are now beginning to bear fruit and improvement in the external sector has become visible. Restoring stability will…