SBP Clarifies: No Major Revisions Expected in Trade and Current Account Data After PBS Updates
The State Bank of Pakistan (SBP) has issued a clarification stating that its trade and current account figures will not see significant revisions following Pakistan Bureau of Statistics (PBS) trade data adjustments, as SBP’s calculations rely primarily on actual payment records from banks.
SBP Clarifies Two-Hour Cooling Period in Digital Fund Transfers to Prevent Fraud
SBP clarified that digital fund transfers in Pakistan are instant, with a two-hour cooling period applied only to branchless banking cash-outs and usage, serving as a safeguard against fraud.