Another milestone of State Bank in its digitization journey

Another milestone of State Bank in its digitization journey

State Bank of Pakistan (SBP) has crossed another milestone in its digitalization journey. In a statement, the State Bank says that direct person-to-person payments have increased by over 1,000 billion rupees. According to State Bank, person-to-person payments have crossed one trillion in 11 months. State Bank has thanked all the participants for achieving this milestone….

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Domestic foreign exchange reserves increased for the first time after 7 months

Domestic foreign exchange reserves increased for the first time after 7 months

According to the State Bank, domestic dollar reserves, which have been continuously decreasing for 7 months, have increased for the first time. According to the report, an increase of 260 million dollars was recorded in domestic foreign exchange reserves during one week. State Bank’s dollar deposits rose to $4.60 billion from the recent increase. Officials…

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