Tag: SBP
FX reserves sink to $16bn: SBP
May 19, 2022 (MLN): To put off pressure from foreign exchange reserves and stabilize the exchange rate, the government has decided on Thursday to ban [...]
Alarm as SBP forex reserves hit 23-month low
The SBP building in Karachi. KARACHI: Pakistan’s foreign exchange reserves dropped to their lowest level since December 2019 at $16.4 billion i [...]
SBP forex reserves fall by $2.915bn in a week
KARACHI: The country’s foreign currency reserves are falling fast, hitting the lowest level since end of fiscal year 2020-2021 as the country r [...]
SBP expands EFS to improve exports, forex inflows
KARACHI: The State Bank of Pakistan (SBP) on Wednesday enhanced the scope of Export Finance Scheme (EFS), both conventional and Sharia based, all [...]
SBP unveils new AML/CFT laws for foreign exchange companies | Enterprise | thenews.com.pk
SBP unveils new AML/CFT laws for foreign exchange companiesKARACHI: The central financial institution on Tuesday tightened laws for international [...]