State Bank of Pakistan Announces Bank Holiday on August 14, 2024
The State Bank of Pakistan (SBP) has announced that all banking operations across the country will be suspended on Wednesday, ...
Tag: State Bank of Pakistan
State Bank of Pakistan Cuts Key Interest Rate to 19.5%
KARACHI: On Monday, the State Bank of Pakistan (SBP) announced a reduction in the key interest rate by 100 basis ...
USD to PKR – US Dollar Rate in Pakistan – 19 July 2024
The Current USD to PKR (US Dollar Price in Pakistan Rupee) Dollar Rate in Pakistan on Friday, 19 July, 2024 ...
USD to PKR – US Dollar Rate in Pakistan – 18 July 2024
On July 18, 2024, the interbank exchange rate for converting US Dollars to Pakistani Rupees stands at 278.17, as reported ...
SBP Announces Bank Holiday for 9th and 10th Muharram
The State Bank of Pakistan (SBP) has announced a bank holiday for 9th and 10th Muharram, which fall on 16 ...
SBP Denies Reports of Issuance of Polymer Banknotes Series
The State Bank of Pakistan (SBP) has denied social media reports regarding the issuance of polymer (plastic) banknotes. SBP Denies ...
SBP & CDC launched RAAST payments facility for Mutual Funds
Central Depository Company (CDC) has collaborated with the State Bank of Pakistan (SBP) to allow investors to purchase mutual funds ...
Banks to Remain Open on Saturday, Sunday For Tax Collection
The State Bank of Pakistan (SBP) has announced that certain branches of banks will remain open on Saturday and Sunday ...
SBP Refutes Reports of Restrictions on LCs for Import of Oil, LNG, & Petroleum Products
State Bank of Pakistan (SBP) has rejected reports of placing restrictions on Letter of Credits (LCs) for the import of ...
SBP Imposes Massive Fines on Three Major Banks
The State Bank of Pakistan (SBP) has imposed massive fines on three commercial banks for the total of Rs. 131.4 ...
Selected Bank Branches Will Remain Open on July 8
The State Bank of Pakistan (SBP) has announced that selected bank branches will remain open on Friday (8 July 2022) ...
SBP adopts more AAOIFI Shariah Standards for Islamic Banking Industry
The State Bank of Pakistan (SBP) has adopted "Accounting and Auditing Organization for Islamic Financial Institutions' (AAAOIFI) strengthening Shariah compliance ...
