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4th September, 2012
SBP implements billion-dollar currency swap arrangement with Turkey
The SBP on Tuesday issued instructions to banks for the implementation of a $1 billion three-year bilateral currency swap arrangement with Turkey.
The SBP on Tuesday issued instructions to banks for the implementation of a $1 billion three-year bilateral currency swap arrangement with Turkey.
23rd August, 2012
Pakistan’s forex reserves slip to $ 15.183 billion
The country’s foreign exchange reserves have slipped by $115 million to $15.183 billion as on Aug 17, Pakistan's central bank said on Thursday.
The country’s foreign exchange reserves have slipped by $115 million to $15.183 billion as on Aug 17, Pakistan's central bank said on Thursday.
10th August, 2012
SBP injects Rs 416.1 billion in reverse repo
According to the central bank, the offered amount was Rs 416.100 billion while the rate of return declined to 11.50 per cent per annum.
According to the central bank, the offered amount was Rs 416.100 billion while the rate of return declined to 11.50 per cent per annum.
6th August, 2012
State Bank allows relaxations under Export Finance Scheme
State Bank of Pakistan SBP has allowed more relaxations to exporters under Part- II of Export Finance Scheme EFS.
State Bank of Pakistan SBP has allowed more relaxations to exporters under Part- II of Export Finance Scheme EFS.
2nd August, 2012
Pakistan’s forex reserves drop to $14.574 billion
Pakistan’s foreign exchange reserves fell 1.34 per cent to $14.574 billion in the week ending July 27, from $14.772 billion in the previous week.
Pakistan’s foreign exchange reserves fell 1.34 per cent to $14.574 billion in the week ending July 27, from $14.772 billion in the previous week.
28th July, 2012
SBP injects Rs419bn to avert cash crunch
The State Bank of Pakistan on Friday injected Rs419 billion worth of government bonds through a reverse-repo open market operation.
The State Bank of Pakistan on Friday injected Rs419 billion worth of government bonds through a reverse-repo open market operation.
9th July, 2012
SBP injects Rs 39.650 billion
According to the central bank here Monday, the offered amount was Rs 41.050 billion while the rate of return dropped to 11.61 per cent per annum.
According to the central bank here Monday, the offered amount was Rs 41.050 billion while the rate of return dropped to 11.61 per cent per annum.
3rd July, 2012
Rs770m fines imposed on 1-Link, 28 banks
The Competition Commission of Pakistan has imposed a penalty of Rs770 million on the ATM service provider and partner banks for uncompetitive behaviour.
The Competition Commission of Pakistan has imposed a penalty of Rs770 million on the ATM service provider and partner banks for uncompetitive behaviour.
30th June, 2012
Exporters get two months to improve performance
SBP has allowed an additional two months for exporters having shortfall in requirements under the Export Finance Scheme for the year 2011-12.
SBP has allowed an additional two months for exporters having shortfall in requirements under the Export Finance Scheme for the year 2011-12.
23rd June, 2012
Fiscal deficit projected at 6.5pc for FY12
The State Bank has projected the fiscal deficit as 6.5 per cent of the GDP for the current fiscal year in its third quarterly report.
The State Bank has projected the fiscal deficit as 6.5 per cent of the GDP for the current fiscal year in its third quarterly report.
22nd June, 2012
$437m taken out from SBP in 7 days
Around $437 million was drained out from the State Bank’s reserves within a week despite the fact that no extra-ordinary payments were made.
Around $437 million was drained out from the State Bank’s reserves within a week despite the fact that no extra-ordinary payments were made.
21st June, 2012
Foreign exchange reserves fall to $15.0465 billion
Pakistan’s forex reserves fell to $15.0465 billion in the week ending June 15 from $15.417 billion the previous week, said the SBP on Thursday.
Pakistan’s forex reserves fell to $15.0465 billion in the week ending June 15 from $15.417 billion the previous week, said the SBP on Thursday.
21st June, 2012
SBP launches microfinance credit bureau
The State Bank launched a microfinance-exclusive credit information bureau (MF-CIB) to give a boost to the microfinance sector.
The State Bank launched a microfinance-exclusive credit information bureau (MF-CIB) to give a boost to the microfinance sector.
19th June, 2012
SBP injects Rs 32 billion in reverse repo
According to SBP here Tuesday, the offered amount was Rs 61.700 billion while the rate of return improved to 11.70 per cent per annum.
According to SBP here Tuesday, the offered amount was Rs 61.700 billion while the rate of return improved to 11.70 per cent per annum.
15th June, 2012
SBP injects Rs 119.500 billion in reverse repo
According to State Bank of Pakistan on Friday, the offered amount for the open market operation was Rs 174.200 billion.
According to State Bank of Pakistan on Friday, the offered amount for the open market operation was Rs 174.200 billion.
15th June, 2012
Banks told to process cases of sugar export
The State Bank on Thursday advised all authorised dealers in foreign exchange (Banks) to process the cases of sugar export.
The State Bank on Thursday advised all authorised dealers in foreign exchange (Banks) to process the cases of sugar export.
21st May, 2012
SBP injects Rs 27.450 billion in reverse repo
The central bank injected the amount into the banking system in its open market operations in T-bills and Pakistan Investment Bonds on Monday.
The central bank injected the amount into the banking system in its open market operations in T-bills and Pakistan Investment Bonds on Monday.
17th May, 2012
Pakistan’s forex reserves drop to $16.103 billion
According to the SBP, foreign exchange reserves dropped from $16.416 billion the previous week to $16.103 billion in the week ending May 11.
According to the SBP, foreign exchange reserves dropped from $16.416 billion the previous week to $16.103 billion in the week ending May 11.
8th May, 2012
Blue astroturf remains a distant dream as SBP falters
SBP's delay in installing the blue turf have minimised the national team's chances to practice on it ahead of the Olympics.
SBP's delay in installing the blue turf have minimised the national team's chances to practice on it ahead of the Olympics.
3rd May, 2012
Forex reserves rise to $16.43 billion
Reserves held by the SBP rose to $12.07 from $11.92 billion a week earlier, while those by commercial banks fell to $4.36 billion from $4.50 billion.
Reserves held by the SBP rose to $12.07 from $11.92 billion a week earlier, while those by commercial banks fell to $4.36 billion from $4.50 billion.
