bank exchange rates

SBP Reserves Experience a Surge of $243 Million Following IMF Loan Tranche

In a noteworthy development for Pakistan’s economic landscape, the State Bank of Pakistan (SBP) witnesses a substantial increase in reserves, amounting to $243 million. This surge in reserves is attributed to the recent disbursement of a tranche from the International Monetary Fund (IMF), marking a positive stride in the country’s financial stability. The injection of…

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bank exchange rates

Foreign Exchange: SBP Set to Introduce New Trading Platform

In a groundbreaking announcement, the State Bank of Pakistan (SBP) has revealed its upcoming launch of an advanced foreign exchange trading platform, a move set to redefine the landscape of financial transactions within the country. This introduction signifies a significant stride toward modernizing financial systems and fostering innovation in the foreign exchange trading domain. The…

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