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Tag: SBP

Overseas Pakistanis remit US $5.4 billion in the first three months of FY19

October 11, 2018 | General, Official News

Karachi, October 11, 2018 (PPI-OT): Overseas Pakistani workers remitted US$ 5419.51 million in the first three months (July to September) of FY19, showing a growth of 13.14% compared with US$ 4790.01 million received during the same period in the preceding …

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Pakistan’s Liquid Foreign Reserves Position

October 11, 2018 | General, Official News

Karachi, October 11, 2018 (PPI-OT): The total liquid foreign reserves held by the country stood at US$14,852.1 million on 05 October, 2018. The break-up of the foreign reserves position is as under:-

i) Foreign reserves held by the State Bank …

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PKR-US$ Exchange Rate Depreciates in the Interbank Market

October 9, 2018 | General, Official News

Karachi, October 09, 2018 (PPI-OT): Today, exchange rate in the interbank market closed at PKR 133.64 to USD against previous day’s closing of PKR 124.27 to USD. This movement broadly reflects the current account dynamics and also the demand-supply gap …

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Draft Regulations for Electronic Money Institutions – Stakeholders’ Comments

October 8, 2018 | General, Official News

Karachi, October 08, 2018 (PPI-OT): State Bank of Pakistan, with the objective to promote digital payments and provide enabling regulatory framework to non-banking entities in payments landscape has drafted Regulations for EMIs in line with its Vision 2020. These regulations …

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State Bank to Issue Rs. 50/- Sir Syed Ahmed Khan Commemorative Coin from October 17, 2018

October 8, 2018 | General, Official News

Karachi, October 08, 2018 (PPI-OT): Sir Syed Ahmed Khan was a renowned author, educationist and Muslim reformer of 19th Century, who laid the foundation of Muslim renaissance in Indo Pak sub-continent, which ultimately led to the creation of Pakistan in …

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State Bank’s Business Confidence Survey

October 1, 2018 | General, Official News

Karachi, October 01, 2018 (PPI-OT): State Bank of Pakistan (SBP), in its pursuit to improve policy formulation, has been increasing its outreach to various stakeholders for their feedback for many years now. Specifically, it obtains views of consumers, businesses and …

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Monetary Policy Statement

September 29, 2018 | General, Official News

Karachi, September 29, 2018 (PPI-OT): Since the last meeting of the Monetary Policy Committee in July 2018, Pakistan has witnessed notable changes on the political front. This has had a positive impact on the business and consumer confidence in the …

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Pakistan’s Liquid Foreign Reserves Position

September 27, 2018 | General, Official News

Karachi, September 27, 2018 (PPI-OT): The total liquid foreign reserves held by the country stood at US$15,521.5 million on 19 September 2018. The break-up of the foreign reserves position is as under:-

i) Foreign reserves held by the State Bank …

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The growth momentum of advances to private sector maintains its steady pace in H1CY18, says the 1st HPR of the Banking Sector

September 27, 2018 | General, Official News

Karachi, September 27, 2018 (PPI-OT): SBP has issued the Half-Yearly Performance Review (HPR) of the Banking Sector for the 1st half of CY18. The HPR provides a comprehensive coverage of the performance and soundness of the banking sector and highlights …

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Announcement of Monetary Policy

September 27, 2018 | General, Official News

Karachi, September 27, 2018 (PPI-OT): State Bank of Pakistan will announce its Monetary Policy through a press release on Saturday, September 29, 2018.

For more information, contact:
Chief Spokesman,
State Bank of Pakistan (SBP)
Central Directorate
I.I. Chundrigar Road, Karachi, …

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Opening of concerned bank branches to facilitate the collection of Government receipts/duties/taxes on 29th and 30th September 2018

September 26, 2018 | General, Official News

Karachi, September 26, 2018 (PPI-OT): It has been decided that authorized branches of National Bank of Pakistan (NBP) as well as field offices of SBP Banking Services Corporation (SBP-BSC) shall remain open on 29th and 30th September 2018 (i.e. Saturday …

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Pakistan’s Liquid Foreign Reserves Position

September 24, 2018 | General, Official News

Karachi, September 24, 2018 (PPI-OT): The total liquid foreign reserves held by the country stood at US$15,790.1 million on 14 September, 2018. The break-up of the foreign reserves position is as under:-

i) Foreign reserves held by the State Bank …

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