Lahore: The Small and Medium Enterprises (SMEs) in the Organisation of Islamic Cooperation (OIC) member states have committed to bolstering entrepreneurship and fostering inclusive economic growth. This pledge was made during the first meeting of the ...
Read More »Pakistan Economy Witnesses Robust Growth in Fourth Quarter FY25
Islamabad: Pakistan's economy experienced significant growth in the fourth quarter of the fiscal year 2025, with the Gross Domestic Product (GDP) expanding by 5.7% year-on-year, according to the National Accounts Committee. This marks the highest quar...
Read More »Pakistan’s Currency Exchange Rates Experience Fluctuations
Karachi: The Exchange Companies Association of Pakistan released new data showing fluctuations in currency exchange rates, underscoring the dynamic nature of the foreign exchange market. The U.S. dollar's buying rate was recorded at 281.81 with a sell...
Read More »Karachi Traders Alarmed by Rising Extortion Threats
Karachi: The Korangi Association of Trade and Industry (KATI) President, Mohammad Ikram Rajput, has raised serious concerns over the increasing incidents of extortion targeting traders and industrialists in Karachi. Rajput called on the Sindh governme...
Read More »Stock Market Sees Notable Decline as Indices Slide
Karachi: The Pakistan Stock Exchange faced a notable downturn on Tuesday, with both major indices closing lower than the previous session. The KSE30 fell by 637.71 points, landing at 51,149.07, while the KSE100 dropped by 1,578.66 points to settle at ...
Read More »State Bank of Pakistan Updates Financial Institutions on New Monetary Policy
Karachi: The State Bank of Pakistan has announced a new floor rate for financial institutions, set at 44,900, effective from October 7, 2025. Two financial institutions will be impacted by this adjustment, according to the bank's latest press release....
Read More »KIBOR Rates Show Stability Across Short-Term Tenors
Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rate (KIBOR) data, indicating consistent stability in the short-term tenors. The figures, effective as of October 7, 2025, show that the bid and offer rates for the ...
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