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State Bank of Pakistan conducts Open Market Operation

Karachi, December 08, 2017 (PPI-OT):State Bank of Pakistan conducted its Open Market Operation, Reverse Repo (Injection), in following contracts on December 08, 2017. Quotes received and accepted are as given below: A: OMOs NO OMO Tenor Range Number of Quotes...
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Upgrading core Banking system

Karachi, December 08, 2017 (PPI-OT):State Bank of Pakistan is upgrading its core banking system from Globus to T24R15. The system provides automation services required by the SBP to discharge its role as Banker to the Government and other banks/financial insti...
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PKR – US$ exchange rate adjusts in the interbank market

Karachi, December 08, 2017 (PPI-OT):Today, the PKR-US$ exchange rate in the interbank market closed at Rs 107 per US$. During the day, PKR depicted high and low of Rs.109.50 and Rs.105.55 respectively. Almost half way into the current fiscal year,...
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State Bank of Pakistan in collaboration with Pakistan Remittance Initiative launches ‘Asaan Remittance Account’

Karachi, December 06, 2017 (PPI-OT):In line with its efforts to enhance outreach of basic financial services to unbanked or underserved segment of the population, State Bank of Pakistan (SBP) in collaboration with Pakistan Remittance Initiative (PRI) has launc...
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State Bank of Pakistan enhances Quarterly Compendium; provides detailed coverage on performance and soundness of MFBs

Karachi, December 06, 2017 (PPI-OT):In order to provide relevant and up to date information to the stakeholders about the state of the affairs of the Banking System, State Bank of Pakistan (SBP) regularly publishes banking statistics in the form of...
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State Bank of Pakistan conducts Open Market Operation

Karachi, December 04, 2017 (PPI-OT):State Bank of Pakistan conducted its Open Market Operation, Reverse Repo (Injection), in following contracts on December 04, 2017. Quotes received and accepted are as given below: A: OMOs NO OMO Tenor Range Number of Quotes....
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Pakistan’s Liquid Foreign Reserves Position

Karachi, November 30, 2017 (PPI-OT):The total liquid foreign reserves held by the country stood at US$19,693.2 million on 24 November 2017. The break-up of the foreign reserves position is as under:- i) Foreign reserves held by the State Bank of...
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State Bank of Pakistan will remain closed on 1st December, 2017

Karachi, November 30, 2017 (PPI-OT):The State Bank of Pakistan will remain closed on 1st December, 2017 (Friday) on the occasion of Eid Milad-un-Nabi (Sallallahu Alayhi Wa-Sallam). For more information, contact: Chief Spokesman State Bank of Pakistan (SBP) Cen...
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Monetary Policy Statement

Karachi, November 24, 2017 (PPI-OT):The latest information reveals that economic activity is strong as corroborated by broad-based pick up in industrial output, gains in factors supporting production of major crops, and growth in private sector credit. This im...
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