Karachi, April 02, 2020 (PPI-OT): State Bank of Pakistan (SBP) Thursday said here that the total liquid foreign reserves held by the country stood at US$ 17,387.5 million on 27-March-2020. The break-up of the foreign reserves position is as under:-...
Read More »National Financial Literacy Program for Youth launches its eLearning Portal
Karachi, April 02, 2020 (PPI-OT): State Bank of Pakistan in collaboration with National Institute of Banking and Finance (NIBAF) is implementing National Financial Literacy Program for Youth (NFLP‐Y) to impart essential financial education to Pakistani youth and school going children...
Read More »State Bank of Pakistan implements Regulatory Approval System for ease of doing business
Karachi, March 27, 2020 (PPI-OT): SBP has launched a Regulatory Approval System (RAS) for submission of cases related to foreign exchange policy and operations dealt by its Exchange Policy Department (EPD), SBP and Foreign Exchange Operations Department (FEOD), SBP‐BSC respectively....
Read More »Relaxation in Foreign Exchange Regulations to Facilitate Imports Against Advance Payment and Open Account Amid COVID-19 Pandemic
Karachi, March 25, 2020 (PPI-OT): SBP has allowed all federal and provincial government departments, hospitals in public and private sectors, charitable organizations, manufacturers and commercial importers to make Import Advance Payment and Import on Open Account, without any limit, for...
Read More »State Bank of Pakistan takes measures to ensure continuous availability of banking services amid COVID-19 situation
Karachi, March 23, 2020 (PPI-OT): SBP held a meeting with banks today, through video link, to assess their readiness to ensure uninterrupted supply of banking services to clients in the wake of lockdowns and closure of cities by Federal and...
Read More »State Bank Announces Measures to Facilitate Export-Oriented Sectors and Manufacturing Concerns
Karachi, March 19, 2020 (PPI-OT): In an effort to further facilitate the exporters as well as the manufacturing sectors, SBP has allowed exporters to directly dispatch the shipping documents of their exports’ consignment to their foreign buyers without any limit,...
Read More »State Bank of Pakistan takes measures to promote Digital Payments amid COVID-19 Pandemic
Karachi, March 18, 2020 (PPI-OT): In the wake of the recent outbreak of COVID19 (Corona virus), SBP is undertaking a number of measures to contribute towards meeting the challenges faced by society to remain safe from this pandemic and its...
Read More »