SBP
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Business
Pakistan Receives First Loan Tranche of $1 Billion From IMF
The State Bank of Pakistan (SBP) has received the first loan tranche of around $1.027 billion from the International Monetary…
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Business
Pakistan Govt Revises Rules for Securities Buyback and Exchange Programs
The Pakistan government has officially revised the rules governing buyback and exchange programs for securities. This significant change aims to…
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Business
Pakistani Rupee Strengthens Slightly Against US Dollar
KARACHI – The Pakistani rupee appreciated by 0.03% against the US dollar in the inter-bank market on Friday, closing at…
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Business
SBP Cuts Interest Rate to 17.5% as Inflation Drops
The State Bank of Pakistan (SBP) reduced its key policy rate by 200 basis points to 17.5%, effective from September…
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Business
State Bank of Pakistan Announces Results of Banknote Design Art Competition
The State Bank of Pakistan (SBP) is pleased to announce the results of the art competition held for the design…
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Business
Foreign Exchange Reserves Decrease by $36.4 Million
Karachi: The State Bank of Pakistan (SBP) reported a decline of $36.4 million in the country’s foreign exchange reserves over…
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Business
Pakistani Rupee Slightly Devalues Against USD
The Pakistani Rupee (PKR) slightly devalued by Rs 0.6 against the US Dollar in interbank trading on Tuesday, closing at…
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Business
SBP Designates Domestic Systemically Important Banks (D-SIBs) for 2024
The State Bank of Pakistan (SBP) has designated Domestic Systemically Important Banks (D-SIBs) for the year 2024. This decision is…
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Business
Pakistan to Introduce New Currency Notes by End of the Year
Pakistan will be introducing new currency notes by the end of this year, according to Jameel Ahmed, Governor of the…
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Business
SBP Holds Policy Rate Steady at 22%
SBP Maintains 22% Policy Rate: Monetary Policy Statement In its recent announcement, the State Bank of Pakistan (SBP) upheld the…
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