Karachi, March 17, 2020 (PPI-OT): First, the Monetary Policy Committee (MPC) of the SBP cut its policy rate by 75 basis points. As noted in the accompanying Monetary Policy Statement, the dominant development since the last MPC meeting has been...
Read More »Pakistan’s liquid foreign reserves increase
Karachi, March 12, 2020 (PPI-OT): State Bank of Pakistan (SBP) here Thursday said the total liquid foreign reserves held by the country stood at US$ 18,904.6 million on 06-March-2020. The break-up of the foreign reserves position is as under:- ...
Read More »Workers Remittances
Karachi, March 10, 2020 (PPI-OT): 1. The Workers’ Remittances received during July – February FY20 amounted to US $ 15,126.5 million recording an increase US $ 770.7 million or 5.4 percent over remittances received during July – February FY19 (US...
Read More »Collection of application forms along with dues from intending Pilgrims for Hajj 2020
Karachi, March 06, 2020 (PPI-OT): On the request of Ministry of Religious Affairs and Interfaith Harmony, Islamabad, it has been decided that authorized banks shall keep all their designated branches open from 10:00 a.m. to 2:30 p.m. on Saturday and...
Read More »Collection of application forms and dues from intending pilgrims of hajj 2020
Karachi, February 24, 2020 (PPI-OT):In order to facilitate the intending pilgrims to deposit application forms along with dues for Hajj 2020, State Bank of Pakistan has directed 13 authorized banks to keep all their designated branches open from 10:00 a.m....
Read More »Governor State Bank of Pakistan apprises President Arif Alvi on measures for Differently Abled persons
Karachi, February 21, 2020 (PPI-OT):His Excellency President Islamic Republic of Pakistan Dr. Arif Alvi visited State Bank of Pakistan today for a Roundtable Discussion on Financial Inclusion of Differently Abled Persons hosted by Governor State Bank of Pakistan, Dr. Reza...
Read More »Seminar on Managing Crises in Emerging Markets
Karachi, February 15, 2020 (PPI-OT):The State Bank of Pakistan (SBP) hosted a seminar on “Managing Crises in Emerging Markets” in collaboration with the Pakistan Business Council (PBC) in Karachi yesterday. The seminar was attended by policy makers, financial sector specialists,...
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