General Business News

Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates, revealing mixed trends among major currencies. The U.S. dollar continues to trade with a slight variation, with buying and selling rates recorded at...

Karachi: The State Bank of Pakistan (SBP) announced it would keep the policy rate unchanged at 11%, highlighting concerns over rising imports and geopolitical tensions in the Middle East. These factors were identified as significant risks contributing...

Karachi: The Exchange Companies Association of Pakistan has released the latest currency exchange rates, revealing fluctuations in the value of multiple currencies against the Pakistani Rupee. As of June 17, 2025, the USD is being bought at 283.80 and...

Lahore: Fertilizer sales in Pakistan showed signs of recovery for the first time in calendar year 2025, according to a recent report by AKD Securities Limited. The resurgence is attributed to the introduction of interest-free loans under the Punjab Ki...

Karachi: The Pakistan Credit Rating Agency (PACRA) has upheld the entity ratings of Meskay and Femtee Trading Company (Pvt.) Ltd., a key player in the rice export sector. The decision reflects the company’s notable standing in the national market, bac...

KARACHI: The Korangi Association of Trade and Industry (KATI) has labeled the State Bank of Pakistan's decision to maintain its policy rate at 11% as a temporary measure in response to current global and regional challenges. Junaid Naqi, the KATI Pres...

Karachi: Business and industry leaders in Pakistan have expressed their dissatisfaction with the State Bank of Pakistan's decision to maintain the current policy rate, citing concerns over its disconnect with the nation's inflation figures and economi...