State Bank

SBP’s foreign exchange reserves decrease by $354m

KARACHI: The foreign exchange reserves held by State Bank of Pakistan (SBP) decreased by $354… Read More

SBP abolishes cash margin requirement on imported items

KARACHI: The State Bank of Pakistan (SBP) on Friday abolished the dollar cash margin requirement… Read More

SBP directs commercial banks to open accounts of mosques

State Bank of Pakistan (SBP) wrote letters to heads of commercial banks on Thursday directing… Read More

FIA Karachi detains 2 ‘smugglers’, seizes Rs30m cash in possession

KARACHI: The State Bank circle of Federal Investigation Bureau (FIA) has Tuesday claimed to have… Read More

SBP foreign reserves rise $38mn to $13.16bn

The foreign exchange reserves in the country have witnessed an increase of US$25 million in… Read More

SBP foreign exchange reserves increase by $558mn

The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $558… Read More

SBP reserves fall $205mn to $12.1bn

The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by $205… Read More

SBP reserves rise to $12bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP), during the week ending… Read More

SBP reserves jump by $1.18bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $1.18 billion… Read More

SBP reserves fall by $85mn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $85 million… Read More

SBP advises banks to suspend dividend distribution for two quarters

In view of uncertainty arising out of COVID-19 pandemic, the State Bank of Pakistan has… Read More

State Bank’s reserves rise $240mn to $8.68bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $240 million… Read More

State Bank to announce Monetary Policy today

The experts are expecting the interest rate likely to be fixed slightly downward with most… Read More

SBP warns of strict action against illegal foreign exchange operators

The State Bank of Pakistan (SBP) on Friday warned of strict action against the illegal… Read More

SBP clears confusion over banks’ role in foreign currencies dealings

SBP said there were some confusions regarding the revised instruction in the Foreign Exchange Manual Read More

Non-verified bank accounts to be blocked from today

To facilitate customers, banks remained opened on Sunday as well.   Read More

Banks introduce mobile app for accounts’ biometric verification

Bank customers can now download an app on their phones to complete the biometric verification… Read More

Here is how and when you can get your ‘Eidi’ notes

This guide has comprehensive information on how, when and from where to get fresh notes… Read More

Hammad Azhar rebuts Bilawal’s speech in NA, terms it humorous

"Reza Baqir is a Pakistani and holds no other nationality," claimed Azhar. Read More

Govt deliberates shifting all its deposits to State Bank

The SBP asserted that any decision in this regard will be taken after due consultation… Read More