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SBP injects Rs623.1bn into market KARACHI: State Bank of Pakistan (SBP) on Friday injected Rs. 623.1 billion into market through its open market operation (OMO) for seven days.SBP statement said that the rate of return accepted is 8.15 percent per annum. Copyright APP (Associated Press of Pakistan), 2015 ...

PRISM shows significant growth in volume and value of electronic transactions ISLAMABAD: For large value payments, Pakistan Realtime Interbank Settlement Mechanism (PRISM) settled 188,424 transactions, through the Real Time Gross Settlement System (RTGS), of value Rs 42.4 trillion during the second quarter of FY2014-15.This showed an increase of almost 14% and over 38% in volume and value respectively, compared to that in first quarter of FY2014-15, said a statement issued by the Central Bank on Thursday.For retail payments, during the second quarter of FY2014-15, the volume ...
Overseas workers' remittances rise by 14.6pc in 7 months KARACHI: Overseas workers' remittances rose by 14.6 percent at dollars 10.358 billion in the first seven months of fiscal year 2014-15 (July to January) compared to $ 9.03804 billion received during the same period of FY14.SBP statement here on Tuesday said that during January 2015, the inflow of workers' remittances amounted to $ 1.377014 billion, which is 13 percent lower than December 2014 and 10% higher than January 2014.The country-wise details for the month of ...
SBP accepts Rs 11.1bn bids for outright purchases of GIS KARACHI: The State Bank of Pakistan (SBP) on Tuesday accepted bids of Rs 11.1 billion during its open market operation (Bai Mujjal-Outright Purchases of GIS); with deferred price of Rs 113.1738 million accepted. The bids offered for 12-month tenor amounted to Rs 12.1 billion. No bid was offered for 6-month tenor, said an SBP statement.Copyright APP (Associated Press of Pakistan), 2015 ...
Pakistan's liquid foreign reserves cross US $15 billion ISLAMABAD: The total liquid foreign reserves held by the country stood at US$ 15,159.2 million on January 30, 2015.Giving the break-up of the foreign reserves position, a statement of the State Bank of Pakistan (SBP) issued on Friday said that foreign reserves held by the State Bank of Pakistan stood at US$ 10,358.9 million while the net foreign reserves held by banks were US$ 4,800.3 million on January 30,2015.During the week ending January 30, 2015, ...
SBP injects Rs631.450bn KARACHI: State Bank of Pakistan (SBP) on Friday injected Rs. 631.450 billion during its open market operation (OMO).The rate of return accepted is 8.28 percent per annum, said SBP statement. Copyright APP (Associated Press of Pakistan), 2015 ...
SBP accepts bids of Rs174.39409bn KARACHI: State Bank of Pakistan (SBP) on Wednesday accepted bids of Rs. 174.39409 billion for selling 3-months, 6-months and 12-months Government of Pakistan Market Treasury Bills (MTBs) through primary dealers. The face value of these accepted bids is Rs. 184.304036 billion, said SBP statement.Copyright APP (Associated Press of Pakistan), 2015 ...

 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyApril
Trade Balance $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 28, 2015
Reserves $17.494 bln