Tag: SBP
SBP forex reserves fall to level less than 40 days of imports
An undated image of a currency dealer counting $100 notes. — AFP/File The foreign exchange reserves held by the State Bank of Pakistan (SBP) pl [...]
SBP forex reserves tick up $3m to $7.96bn
In this file photo taken on April 22, 2022 US dollar coins and banknotes are seen displayed on a table, in London. — AFP/FileKARACHI: State Ba [...]
Govt will squeeze those manipulating forex market: SBP chief
KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad Saturday said that market sentiments have considerably improved as reflected in the appr [...]
SBP modifies foreign exchange regime – Mettis Global Link
September 24, 2022: In order to further enhance transparency and promote documentation in the foreign exchange transactions, State Bank of Pakistan h [...]
sbp revises forex regime Pipa News
SBP modifies the forex regime. The State Bank of Pakistan (SBP) has advised exchange companies that all foreign exchange sale transactions of $2,000 [...]
SBP amends FX transaction rules
KARACHI: The State Bank of Pakistan (SBP) has amended rules for foreign exchange transactions, aiming to strengthen regulatory regime for exchang [...]
SBP sees FX reserves at $16bn in this fiscal
KARACHI: Pakistan’s foreign currency reserves are expected to touch $16 billion in the current fiscal year, from $7.9 billion in August as an IMF [...]
SBP says forex reserves, currency, current account under temporary pressure
KARACHI: Central bank’s acting governor Dr Murtaza Syed said on Friday pressures on forex reserves, currency and current account are temporary an [...]
Former FPCCI chief concerned over low level of forex reserves – Business & Finance
LAHORE: As the foreign exchange reserves of the central bank have fallen to the critical level of $8.39 billion due to heavy debt servicing and other [...]
SBP initiates strict monitoring of forex operations – Business & Finance
KARACHI: In order to control the volatility in the exchange rate, the State Bank of Pakistan (SBP) has initiated strict monitoring of the foreign exch [...]
Payment of Sinosure fees: PPIB requests SBP to make forex available to PMLTC
ISLAMABAD: Private Power & Infrastructure Board (PPIB) has requested State Bank of Pakistan (SBP) to make available foreign exchange for payment o [...]
SBP forex reserves hit lowest since November 2019
KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves have dropped by $241 million or 2.6 percent to $9.0 billion as of June 10, [...]
Pakistan economic crisis: Forex reserves below $10 billion, fuel prices hiked again
Despite a new government taking over in Islamabad, there is no end to Pakistan's economic woes.
Bloomberg reported on Thursday that the foreign excha [...]