Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has upgraded the entity ratings of the National Rural Support Programme (NRSP), citing a diversified financial structure and effective risk management systems. NRSP’s financial foundation is bolstered by microfinance operations, local and international donor grants, and investment returns, contributing to a stable
Karachi: The State Bank of Pakistan has released the latest currency exchange rates, providing the buying and selling prices for various foreign currencies against the local currency. According to State Bank of Pakistan, the rates listed include the United Arab Emirates Dirham (AED) with a buying rate of 77.4401 and
Karachi: The Exchange Companies Association of Pakistan (ECAP) reported the closing exchange rates for several major currencies in the open market as of July 15, 2025. The figures indicate a stable exchange environment for the buying and selling of foreign currencies. According to State Bank of Pakistan, the buying rate
Karachi: The State Bank of Pakistan has released the Karachi Interbank Offered Rate (KIBOR) for the upcoming financial year, ul-2025. The KIBOR rates are a key indicator for various banking activities, reflecting the interest rates at which banks are willing to lend to one another. According to State Bank of
Karachi: The State Bank of Pakistan has released new data reflecting changes in the ceilings and floors of financial institutions’ transactions for July 15, 2025. According to State Bank of Pakistan, the ceiling amount for transactions on this date is set at 111,000 across three institutions. Meanwhile, the floor amount
Lahore: PACRA has sustained the stability rating of the MCB DCF Fixed Return Fund II, noting its conservative financial structure. The Fund has invested approximately 99.66% of its assets in Government-rated instruments, which underscores a strong commitment to maintaining a low-risk profile. Additionally, 0.28% of the assets are allocated to
Lahore: PACRA has reaffirmed the stability rating of MCB DCF Fixed Return Fund III, reflecting the fund’s strategic focus on low-risk investments. The fund’s portfolio is primarily composed of short-term sovereign instruments, with an overwhelming 99.6% invested in Treasury Bills. A minimal 0.3% of the fund’s assets are placed with
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has announced the maintenance of the entity ratings of Engro Elengy Terminal (Private) Limited (EETPL). The terminal, boasting an impressive operational availability of 95% during the period, continues to benefit from technically sound operations and robust maintenance managed by Excelerate Energy (EE),