Karachi: The State Bank of Pakistan has released the latest weighted average customer exchange rates for various currencies, providing insights into the buying and selling rates effective as of today. The data aims to inform stakeholders including businesses, investors, and individuals engaged in international transactions. According to State Bank of
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
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
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 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
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
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has assigned an initial stability rating to the Pak Oman Micro Finance Fund. This fund is an innovative low-risk investment solution that aims to offer competitive returns through a specialized focus on Pakistan’s burgeoning microfinance sector. It strategically targets high-quality microfinance debt
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the Alhamra Government Securities Fund. This decision underscores the Fund’s sustained performance and its strategic focus on conservative investments within the Islamic finance sector. According to Pakistan Credit Rating Agency Limited, the Alhamra Government Securities Fund