Islamabad: The Karachi Interbank Offered Rate (KIBOR) experienced notable volatility across various maturities on September 16, 2025, according to data released by the State Bank of Pakistan. Short-term rates for one-week loans saw the widest spread, ...
Read More »Daily Archives: September 17, 2025
Pakistani Rupee Remains Under Pressure Against US Dollar
Islamabad: The Pakistani Rupee continued its struggle against the US Dollar, closing at 282.55 rupees per dollar in the open market on September 17, 2025, according to the Exchange Companies Association of Pakistan (ECAP). The buying rate for the gr...
Read More »Currency Exchange Rates Fluctuate Against Pakistani Rupee
Islamabad: Major global currencies experienced shifts against the Pakistani Rupee (PKR) on September 17, 2025, according to data released by the Exchange Companies Association of Pakistan. The US dollar saw a trading range between PKR 282.01 and PKR 2...
Read More »Pakistan Stock Market Nears Record Highs
Islamabad: The Pakistan Stock Exchange's benchmark KSE-100 index surged nearly 800 points to close at 156,181, approaching its all-time high. Trading volume increased significantly to 1.35 billion shares compared to the previous day's 858 million. M...
Read More »Large-Scale Manufacturing Registers Impressive 9% Growth In July
Islamabad: Pakistan's large-scale manufacturing (LSM) sector experienced a significant boost in July 2025, registering a year-on-year growth of 9%, marking the fourth consecutive month of expansion. This positive trend follows five months of decline, ...
Read More »Pakistan Inflation Soars to 11-Month High Amid Devastating Floods
Islamabad: Pakistan's consumer price index (CPI) is projected to surge to 6.5-7.0% year-over-year in September 2025, a sharp increase from 3.0% in August 2025 and marking the highest level in eleven months. This alarming rise is primarily attributed t...
Read More »Bankislami And MG Offer Lowest Auto Financing Rates
Karachi: BankIslami and MG Motors Pakistan have partnered to offer the lowest Shariah-compliant auto financing rates in the Pakistani market, starting at 4.99% (equivalent to a 1-year rate of 1.49%). This groundbreaking collaboration promises to resha...
Read More »PM Sharif Embarks on State Visit to Saudi Arabia at Crown Prince’s Invitation
Riyadh: At the invitation of Saudi Crown Prince Mohammed bin Salman, Prime Minister Muhammad Shehbaz Sharif is undertaking a state visit to the Kingdom of Saudi Arabia today. He will be accompanied by key members of the Cabinet. During the visit, the ...
Read More »CM Punjab Inaugurates Electric Buses in Waizirabad
Waizirabad: Punjab Chief Minister Maryam Nawaz inaugurated electric buses in Waizirabad today. Addressing the ceremony, the Chief Minister emphasized the government's commitment to providing modern, swift, and quality transport facilities to the peopl...
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