Karachi: VIS Credit Rating Company Limited (VIS) has assigned an initial Management Quality Rating (MQR) of ‘AM3 (RMC)’ to Sinolink REIT Management Company Limited (SRMCL). This rating suggests that the asset manager demonstrates good management quali…
Karachi: The State Bank of Pakistan released new exchange rates for the revaluation of foreign currencies by authorized dealers, providing detailed figures for ready, 1-month, and 1-year rates. This update is crucial for financial institutions and bus…
Sialkot: The President of the Sialkot Chamber, Mr. Ikram ul Haq, has voiced strong opposition to proposed amendments to the Export Facilitation Scheme (EFS) as outlined in draft SRO 204(I)/2025. Mr. Haq argued that the planned changes could severely i…
Karachi: Gold prices in Pakistan saw a significant decrease on Wednesday, with the cost of gold per tola and per 10 grams both registering declines. The international gold market also experienced a downturn, contributing to the local price adjustments…
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Karachi: The State Bank of Pakistan has released the latest figures on the weighted average customer exchange rates for various currencies, indicating slight fluctuations in buying and selling rates as of February 11, 2025. The United States dollar, e…
The post Exchange Rate Fluctuations as State Bank of Pakistan
KARACHI: Deputy High Commissioner of Kenya Daniel Nganda emphasized the importance of removing trade barriers between Kenya and Pakistan, highlighting the Kenyan Mission’s commitment to enhancing trade and investment opportunities between the two coun…
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Karachi: The foreign currency exchange rates for February 1, 2025, showed slight movements, with the US dollar, euro, and British pound experiencing minor fluctuations against the Pakistani rupee.
According to a statement by Exchange Companies Assoc…
The post Exchange Rates for February 1, 2025: USD, Euro, and GBP See
KARACHI: The recent changes by the Federal Board of Revenue (FBR) have made it nearly impossible for small businesses to file timely sales tax returns, according to Muhammad Jawed Bilwani, President of the Karachi Chamber of Commerce and Industry (KCC…
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