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SBP issuance of fresh notes to general public ISLAMABAD: The State Bank of Pakistan (SBP) has decided to further facilitate issuance of fresh currency notes to general public during ongoing month of Ramazan.For the purpose the field offices of SBP BSC shall also start issuing fresh notes to the general public from its counters from Thursday July 24, 2014 (Thursday) till the last working day of Ramazan, says a statement issued by the Central Bank on Wednesday.Under the arrangements, each member of the public will be issued upto three packets of Rs. 10/- and one packet each of Rs. 20, Rs.50 and Rs. 100 of fresh notes against exchange value subject to production of their original CNIC/ Smart card only at the counter.Meanwhile, per person quota from 150 designated branches of commercial banks has also been increased to 2 packets each of Rs.10 & Rs.20 and 1 packet each of Rs.50 and Rs.100.It may be added that upto ...

SBP instructs banks to ensure ATM services availability during Eid holidays ISLAMABAD: State Bank of Pakistan (SBP) has instructed all the banks across the country to ensure Auto Teller Machine (ATM) services availability during Eid holidays.A statement of the Central Bank issued on Tuesday said that it has directed banks to take necessary measures in order to ensure maximum availability of ATM services and avoid public inconvenience during Eid holidays.In a circular letter, banks have been instructed to ensure round-the-clock availability, consistent monitoring of ATMs and ...
Rs7,500 prize bond draw on Aug 4 FAISALABAD: The 59th balloting of Rs7,500 prize bonds will be held at Peshawar on August 4.According to a spokesman for National Savings, first position holder will be awarded a prize of Rs15 million while three prizes of Rs5 million each have been reserved for second position holders.Third prize of Rs93,000 will be awarded to each of 1696 position holders.Copyright APP (Associated Press of Pakistan), 2014 ...
Foreign reserves stand at US$14,513.6mn KARACHI: The total liquid foreign reserves of the country stood at US$14,513.6 million on July 11, said the State Bank of Pakistan (SBP) on Thursday.According to a SBP press release, the foreign reserves held by the SBP are US$ 9,485.8 million, while the net foreign reserves held by banks are US$ 5,027.8 million.During the week ending July 11, SBP's Liquid Foreign Reserves decreased by US$116 million to US$9,486 million compared to US$9,602 million in the ...
SBP injects Rs106,300mn into market KARACHI: State Bank of Pakistan (SBP) on Friday injected Rs. 106,300 million into market for 7 days during its open market operation (OMO).The bids offered for this injection were Rs. 113,750 million. The rate of return is 9.93 percent, said SBP press release. Copyright APP (Associated Press of Pakistan), 2014 ...
SBP to announce monetary policy on July 19 ISLAMABAD: The State Bank of Pakistan issued a notification on Thursday that it will announce its monetary policy on July 19, a week later than previously announced.According to the notification, the SBP bank official said that Governor SBP will announce the monetary policy through a press conference in Karachi.Earlier, the State Bank had announced that the governor will hold a press conference in Lahore on July 12 to unveil the monetary policy.The central bank did ...
Workers' remittances rise by 13.72pc to $15.83bn in FY14 KARACHI: Overseas Pakistani workers remitted an amount of dollars 15,832.25 million during the last fiscal year ; showing growth of 13.72 percent compared with $ 13,921.66 million received the financial year 2012-13. The inflow of remittances, over last fiscal year, from Saudi Arabia, UAE, USA, UK, GCC countries (including Bahrain, Kuwait, Qatar and Oman), and EU countries amounted to $4,729.38 million, $3,109.43 million, $2,464.14 million, $2,180.14 million, $1,860.03 million and $431.79 million respectively as compared ...


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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 18, 2014
Reserves $13.525 bln