Dollar rate in Pakistan–13 March 2024
The interbank exchange rate between the US Dollar (USD) and the Pakistani Rupee (PKR) stands at PKR 279, as reported ...
Tag: SBP
Overseas Workers’ Remittances Record $2.2 Billion Inflow in Feb
The State Bank of Pakistan (SBP) announced that overseas workers' remittances totaled US$2.2 billion in February 2024. In terms of ...
Pakistan’s Total Liquid Foreign Reserves reach $13.097 Billion
Pakistan's total liquid foreign reserves reached US$ 13,097.8 million as of February 16, 2024, with the State Bank holding $8,012.8 ...
Pakistan’s SBP-held foreign exchange reserves reach at $8.05 Billion
According to the State Bank of Pakistan (SBP), the nation's foreign exchange reserves have recorded a weekly increase of $13 ...
SBP maintains interest rate at 22%
State Bank of Pakistan’s (SBP) Monetary Policy Committee Monday announced maintaining the status quo, leaving the key policy rate unchanged ...
Pakistan Set to Launch Online Forex Trading Platform by January 2024
Pakistan is gearing up to launch an online forex trading platform by the end of January 2024, in adherence to ...
Biometric verification to be made mandatory for purchase of $500 and above
To curb the hoarding of US dollars, the State Bank of Pakistan has introduced a plan requiring biometric verification for ...
Pakistan’s Current Account Surplus of $397 Million in December Reverses six-month Deficit Streak
In December, Pakistan recorded a current account surplus of $397 million, marking a reversal from six consecutive months of deficits. ...
Pakistan ‘Hopeful’ of $2 Billion UAE Deposit Rollover
Pakistan is hopeful about the possibility of the United Arab Emirates (UAE) rolling over $2 billion in deposits, as the ...
IMF’s Executive Board to consider Pakistan’s case for $700m tranche on Jan 11
The International Monetary Fund (IMF) is set to consider Pakistan's request for the completion of the first review and the ...