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Tag Archives: SBP

Weekly Liquid Forex Reserves rise to $16,136.6 million

Advertisements KARACHI: Pakistan’s total liquid foreign exchange (forex) reserves are at $16136.6 million for the week ended on February 27 as compared to $15,943.7 million of the previous week, ended at February 20, as reported by Domestic Markets & Monetary Management Department of the State Bank of Pakistan (SBP). Advertisements During the …

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SBP plans to change ‘Target Rate’

KARACHI: The State Bank of Pakistan has decided to review its interest rate corridor framework in order to further strengthen the transmission of monetary policy; and have the desired effect on term structure of interest rate, reported by the Domestic Markets and Monetary Management Department of SBP. The main feature …

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SBP plans to enhance security features of currency notes

LAHORE: The central bank of Pakistan, State Bank of Pakistan (SBP) has announced to enhance security features of currency notes by introducing new security features in currency notes that will enable the state to cope with fake currency in the country that is undermining the national economy. Acting Governor of …

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IMF predicts 13% fall in Pakistani rupee

ISLAMABAD: It is stated by the International Monetary Fund that the rupee-dollar parity at Rs113.7 to a dollar while anticipating for the current fiscal year – a rate that implies over 13% depreciation of the Pak rupee against the greenback. Though the Washington based lender has not conspicuously stated the …

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