Tag: StateBankOfPakistan
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NBP Exchange Rates
KARACHI, Dec 30 (APP):KARACHI, Dec 30 (APP): Treasury Management Division of National Bank of Pakistan (NBP) on Monday issued the following exchange rates. CURRENCY SYMBOL TT Selling TT Buying U.S DOLLAR USD 155.40 154.90 EURO EUR 174.04 173.47 JAPANESE YEN JPY 1.4239 1.4193 BRITISH POUND GBP 203.80 203.13 SWISS FRANC CHF 159.82 159.29 CANADIAN DOLLAR…
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Rupee loses Rs 0.18 against dollar, closes at Rs 155.07
ISLAMABAD, Dec 26 (APP): The exchange rate of Pakistani rupee against US dollar on Thursday lost Rs 0.18 as value of the rupee fell to Rs 155.07 in the interbank against the last closing at Rs 154.89, State Bank of Pakistan (SBP) reported. In open market, the buying and selling rates of Pakistani rupee against…
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Rs 40,000 prize bonds worth Rs 240 billion encashed
ISLAMABAD, Dec 25 (APP): Central Directorate of National Savings (CDNS) has said the investors of Rs 40,000 prize bonds have withdrawn Rs 240 billion by December 20, 2019 out of overall reserve of Rs 259 billion investments in CDNS in these prize bonds. After the decision taken by the Federal government, CDNS had discontinued the…
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Current Account Deficit posts a massive 73% fall
ISLAMABAD, Dec 19 (APP): Pakistan’s Current Account deficit narrowed to $1.8 billion in first five months (Jul-Nov) of the year 2019-20 as compared to deficit of $ 6.7 billion in same period, a year ago, showing a massive decline of 73 percent, State Bank of Pakistan reported on Thursday. On year-on-year basis, the current account…
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Rupee strengthens in interbank
ISLAMABAD, Dec 17 (APP): The exchange rate of US dollar against rupee witnessed a decline of Rs0.05 in interbank and traded at Rs54.95 as compared to the last closing at Rs155.00, State Bank of Pakistan (SBP) Tuesday reported. However, according to Forex Association of Pakistan the buying and selling rates of dollar in open market…
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LCCI for single digit markup rate
LAHORE, Nov 30 (APP): The Lahore Chamber of Commerce and Industry (LCCI) on Saturday urged the State Bank of Pakistan (SBP) to bring down the markup rate to single digit in the larger interest of trade, industry and economy. LCCI President Irfan Iqbal Sheikh told the news men here that reduction in markup rate from…
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Foreign exchange reserves stands at US$15,772.6m
ISLAMABAD, Sep 26 (APP):The total liquid foreign reserves of country by September 20, was stood at US$15,772.6 million, where as the foreign reserves held by country was decreased by by US$135 million due to external debt payments. According to the break-up of the foreign reserves position issued by the State Bank of Pakistan on Thursday,…
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SBP rebuts news item
LAHORE, Sep 25 (APP):The State Bank of Pakistan (SBP) categorically denied and rejected the media reports regarding unavailability of the record of old design Rs 500 bank notes demonetized in October 2012. A news item appeared in a section of media regrading unavailability of record pertaining to destruction of old design Rs.500 banknotes, the central…
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Foreign Exchange Reserves Rise by $55 Million: SBP
According to the State Bank of Pakistan, foreign exchange reserves increased by $ 55 million. Foreign exchange reserves have increased by $55 million taking it to $15.57 billion, State Bank of Pakistan said in a statement. According to the State Bank, foreign exchange reserves increased by $50 million from the Asian Development Bank, after which…