Day: July 7, 2025

Karachi: Federal Minister for Interior and Narcotics Control, Syed Mohsin Raza Naqvi, addressed the growing concern over widespread visa rejections by the UAE, announcing plans to meet with the UAE Interior Minister to discuss the issue, which notably affects Pakistani citizens in the business community. He expressed optimism about reaching

Karachi: The State Bank of Pakistan (SBP) announced figures related to its overnight repo and reverse repo facilities, highlighting the activity of financial institutions on July 7, 2025. According to State Bank of Pakistan, only one institution accessed each of the SBP’s overnight repo and reverse repo facilities on the

Islamabad: The State Bank of Pakistan has released its latest financial figures, highlighting the ceilings and floors for financial institutions as of July 7, 2025. These figures provide crucial insights into the financial landscape and the constraints within which institutions are operating. According to State Bank of Pakistan, the data

Karachi: The Exchange Companies Association of Pakistan (ECAP) has released the latest open market currency exchange rates as of July 07, 2025. According to State Bank of Pakistan, the US Dollar (USD) is being bought at 285.50 PKR and sold at 286.64 PKR in the open market. Meanwhile, the Euro

Karachi: The State Bank of Pakistan has released the Karachi Interbank Offered Rates (KIBOR) for ul-2025, detailing the bid and offer rates across various tenors. According to State Bank of Pakistan, the KIBOR rates are as follows: for a 1-week tenor, the bid rate is 10.92 and the offer rate