Karachi: Pakistan's economy is showing signs of recovery, with inflation rates cooling and a current account surplus emerging, according to Mian Zahid Hussain, a prominent business leader. However, he warned that structural issues and climate-induced ...
Read More »State Bank of Pakistan Updates Exchange Rates for Major Currencies
Karachi: The State Bank of Pakistan released the latest weighted average customer exchange rates for major currencies, highlighting slight fluctuations in buying and selling rates. The figures reflect the ongoing dynamics in the foreign exchange marke...
Read More »Market Indices Decline as Turnover and Traded Value Drop on Pakistan Stock Exchange
Karachi: The Pakistan Stock Exchange witnessed declines in its key indices on Friday, with both the KSE30 and KSE100 recording losses in their values. The KSE30 index fell by 143.72 points to close at 52,413.79, while the KSE100 index saw a more signi...
Read More »SBP Rate Cut Fuels Stock Market Surge Amid Economic Optimism
Karachi: The stock market maintained its upward trajectory this week, spurred by investor confidence following an unexpected 50 basis points rate cut by the State Bank of Pakistan (SBP). The central bank's decision, announced during the Monetary Polic...
Read More »Pakistan Stock Exchange Reaches Record High as KSE100 Index Surges
Karachi: The Pakistan Stock Exchange (PSX) marked a significant milestone as the KSE100 Index climbed to an all-time high of 171,960.66 points. This surge, reflecting a 0.97% increase day-on-day, highlights the market's robust performance in recent mo...
Read More »Pakistan and Indonesia Urged to Enhance Edible Oil Sector Cooperation
Karachi: Indonesian Consul General in Karachi, Madzaker M.A., has highlighted the necessity of strengthening cooperation between Pakistan and Indonesia in the edible oil sector. He emphasized that such partnerships are crucial for sustainable developm...
Read More »Currency Exchange Rates Remain Steady in Pakistan
Karachi: The Exchange Companies Association of Pakistan released the latest figures for currency exchange rates, showing consistent values across multiple currencies. The rates indicate stability in the currency market, providing a steady outlook for ...
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