Latest News for: sbp

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SBP to decide on monetary policy on Sept 12

The News International 10 Sep 2024
SBP website ... The SBP will later issue the monetary policy ...
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SBP facilitating freelancing so IT professionals can bring in foreign exchange, says deputy governor

The News International 09 Sep 2024
State Bank of Pakistan (SBP) Deputy Governor Saleemullah speaks with the media on March 6, 2024 ... State Bank of Pakistan (SBP) Deputy Governor Saleemullah said the central bank had always supported the Pakistani IT industry.
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SBP pushing Boatwright naturalization amid loaded Senate schedule

The Manila Times 07 Sep 2024
MANILA, PhilippinesSamahang Basketbol ng Pilipinas president Al Panlilio said the SBP remains proactive in pushing for the naturalization process of Bennie Boatwright despite the busy schedule of ...
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SBP reserves rise by $33m

Dawn 06 Sep 2024
On Thursday, the central bank announced that the SBP reserves had risen to $9.436 billion.
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SBP announces winners of banknote design competition

The News International 06 Sep 2024
The art contest by SBP was announced in March to have “innovative and thematic design ideas” for the new currency notes ...The State Bank of Pakistan (SBP) is pleased to announce the successful ...
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KATI urges SBP to reduce policy rates

The News International 06 Sep 2024
The Korangi Association of Trade and Industry (KATI) has issued an urgent call to the State Bank of Pakistan (SBP) and the government to promptly reduce bank interest rates considering the recent decrease in inflation ... .
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SBP cancels licence of Industrial Development Bank Limited amid liquidation

The News International 06 Sep 2024
... Development Bank Limited (licence No BL02-2012 dated 29 November 2012) hereby stands cancelled with effect from February 02, 2024 as it has gone into liquidation,” the SBP said in a notification.
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SBP reserves increase by $33m to $9.44bn

The News International 05 Sep 2024
In this file photo taken on April 22, 2022 US dollar coins and banknotes are seen displayed on a table, in London. — AFP ... The SBP’s have seen a substantial increase. The SBP reserves have risen to $9.4 billion, up from $7.6 billion a year earlier ... .
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SBP governor receives Rs4m monthly salary, NA told

The News International 01 Sep 2024
The current State Bank of Pakistan (SBP) governor is receiving Rs4 million salary per month excluding other benefits ... It was reported that the salary of the current SBP governor was much higher than the previous governors.
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SBP seen poised for another rate cut

The News International 31 Aug 2024
The State Bank of Pakistan's (SBP) old building in Karachi ... The State Bank of Pakistan (SBP) has reduced interest rates for two consecutive meetings, bringing the rate down from a historic high of 22 per cent to 19.5 per cent.
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SBP reserves rise to $9.4bn

Dawn 30 Aug 2024
In a recent interview, SBP Governor Ahmed Jameel said the government had approached Middle Eastern banks to borrow $4bn.
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State Bank of Pakistan (SBP) injects Rs9.2 trillion into market

Urdu Point 30 Aug 2024
<p>KARACHI, (UrduPoint / Pakistan Point News - 30th Aug, 2024) The State Bank of Pakistan (SBP) injected Rs9,218 billion in the market on Friday through reverse repo purchase and Shariah Compliant Mudarabah based Open Market Operation (OMO).
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Pakistan’s Foreign reserves go up by $10.89m last, says SBP

Urdu Point 29 Aug 2024
(UrduPoint/UrduPoint / Pakistan Point News-August 29th, 2024) The State Bank of Pakistan (SBP) on Thursday released its latest data, indicating a rise ...
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Profit repatriation soars as ‘SBP eases control’

Dawn 29 Aug 2024
According to the latest data released by the SBP on Wednesday, profit and dividend outflows reached $139.1 million this July, a sharp rise from just $2.2m in the same month last year.
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SBP forex reserves rise by $112m to $9.4bn

The News International 29 Aug 2024
This image shows the US dollar banknotes. — AFP/File. KARACHI ... However, the reserves of commercial banks fell by $3 million to $5.37 billion.The SBP’s reserves are sufficient to cover less than two months of imports ... .

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