SBP
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SBP urges banks to boost agri-financing | The Express Tribune
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[ad_1] KARACHI: State Bank of Pakistan (SBP) Deputy Governor Sima Kamil, while appreciating the efforts of all stakeholders, has urged banks to leverage the SBP’s recent initiatives and expedite efforts to boost agriculture financing and enhance outreach, especially in the…
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SBP injects Rs1tr into open market | The Express Tribune
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[ad_1] KARACHI: The State Bank of Pakistan (SBP) has supplied over Rs1 trillion to the conventional and Shariah-compliant commercial banks for an unusual longer period of 63 days for the second time in one week to push them to bring…
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SBP injects Rs1.8tr to rationalise bond yields | The Express Tribune
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[ad_1] KARACHI: The central bank has provided Rs1.82 trillion to commercial banks for an unusual longer period of 63 days in an apparent bid to rationalise the higher yields on sovereign bonds ahead of the treasury bills auction next week….
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SBP reserves fall $75m to $10.1 billion | The Express Tribune
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[ad_1] The foreign exchange reserves held by the central bank decreased 0.74% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On May 20, the foreign currency reserves held by the SBP…
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Foreign exchange: SBP reserves fall $75m to $10.1b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank decreased 0.74% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On May 20, the foreign currency reserves held by the…
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SBP cuts auto financing tenure | The Express Tribune
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[ad_1] KARACHI: In a bid to arrest the fast depleting foreign exchange reserves, the State Bank of Pakistan (SBP) has decided to reduce the auto financing tenure. In a circular issued on Tuesday, the central bank underlined that the maximum…
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SBP further increases policy rate by 150bps to control inflation
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[ad_1] This file photo shows the building of the State Bank of Pakistan. — AFP KARACHI: In a bid to maintain the balance between inflation and economic growth, the State Bank of Pakistan (SBP) on Monday raised the benchmark policy…
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SBP increases interest rate to 13.75% | The Express Tribune
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[ad_1] KARACHI: Pakistan’s central bank has increased the benchmark interest rate by 150 basis points to 13.75% for the next six weeks. At a scheduled meeting on Monday, the bank revised the rate upwards ahead of the likely revival of…
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SBP reserves dip $145m to $10.16b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank decreased 1.40% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On May 13, the foreign currency reserves held by the…
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SBP slams illegal forex trading platforms | The Express Tribune
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[ad_1] KARACHI: Taking notice of the increasing number of offshore foreign exchange trading platforms, the State Bank of Pakistan (SBP) has clarified that buying products/ services from such platforms is prohibited and against the laws of the land. In a…
