SBP extends deadline for dollar imports until June 2025

MG News | September 23, 2024 at 12:38 PM GMT+05:00

0:00

September 23, 2024 (MLN): To ensure an adequate supply of cash USD in the open market, the State Bank of Pakistan has extended the deadline for the import of cash dollars against the export of foreign currencies to June 30, 2025.

Earlier in March, the SBP allowed exchange companies to import cash US Dollars up to 50% of the value of their export consignments till June 30, 2024.

"In order to ensure adequate supply of cash USD in open market, the validity of above instructions is hereby extended till June 30, 2025," reads a notice issued by the central bank on Friday.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	156,177.82 367.85M	-0.00% -3.12
ALLSHR	95,630.38 1,498.37M	-0.06% -60.44
KSE30	47,678.47 206.79M	-0.08% -35.92
KMI30	229,682.22 174.86M	-0.02% -39.87
KMIALLSHR	64,366.76 638.47M	-0.08% -53.31
BKTi	41,922.80 89.51M	-0.11% -46.72
OGTi	31,735.79 16.87M	-0.80% -255.97

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	116,065.00	117,685.00 115,190.00	-1025.00 -0.88%
BRENT CRUDE	67.99	68.59 67.79	-0.48 -0.70%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-0.40 -0.47%
ROTTERDAM COAL MONTHLY	93.50	93.50 93.50	0.15 0.16%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	64.09	64.67 63.83	-0.43 -0.67%
SUGAR #11 WORLD	16.23	16.59 16.23	-0.33 -1.99%