Karachi: Prominent Pakistani rice exporter Rafique Suleman has been elected President of the Pakistan-Kenya Business Council (PKBC). Suleman, who has been instrumental in enhancing trade relations between the two countries, pledged to deepen the econo...
Read More »State Bank of Pakistan Reports Financial Ceiling and Floor Data
Karachi: The State Bank of Pakistan has released new data detailing the financial ceiling and floor amounts for July 24, 2025. According to the report, there was a ceiling amount of 100 units involving one institution, while the floor amount stood at ...
Read More »PACRA Assigns Ratings to Masood Spinning Mills Limited Amid Strategic Expansion
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has assigned initial ratings to Masood Spinning Mills Limited (MSML), recognizing the company's positioning in Pakistan's spinning industry. The ratings are bolstered by MSML's affiliation with...
Read More »KIBOR Rates Experience Slight Adjustments Across Tenors
Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rates (KIBOR) for July 24, 2025, showing minor adjustments across various tenors. The rates, which serve as a benchmark for lending in the financial sector, indicate...
Read More »Fatima Fertilizer Company Maintains Strong Ratings Amid Strategic Growth
Lahore: The Pakistan Credit Rating Agency Limited has reaffirmed the ratings of Fatima Fertilizer Company Limited (FFCL), highlighting its strategic importance in Pakistan's fertilizer sector. The ratings reflect the company's robust business fundamen...
Read More »Pakistani Rupee Exchange Rates Show Stability in Open Market
Karachi: In the latest report from the Exchange Companies Association of Pakistan, the open market closing exchange rates as of July 24, 2025, indicate stability in the currency market. The US dollar was bought at 286.25 and sold at 287.60 against ...
Read More »Pakistan Faces Potential Policy Rate Change as Inflation Trends Normalize
Karachi: Pakistan's Consumer Price Index (CPI) for July 2025 is anticipated to register at 2.8%, according to a recent analysis by JS Global. This figure marks a transition towards more normalized price trends as the base effect diminishes. Food inf...
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