Karachi: The Union of Small and Medium Enterprises (UNISAME) has voiced strong criticism of the fiscal budget for 2025-26, highlighting several points of contention that it believes will adversely impact small and medium enterprises in the country. Th...
Read More »Currency Exchange Rates See Fluctuations Across Multiple Markets
Karachi: The Exchange Companies Association of Pakistan released updated currency exchange rates, reflecting various fluctuations in global currency markets. The data, released on June 14, 2025, provides insights into the current buying and selling ra...
Read More »Remittances Stabilize Pakistan’s Economy, Erasing $28 Billion Trade Deficit
Karachi: Remittances from overseas Pakistanis have emerged as a critical stabilizing force for the national economy, effectively eliminating a $28 billion trade deficit, according to Mian Zahid Hussain, a prominent business leader. As global uncertain...
Read More »KIBOR Rates Show Stability Across Various Tenors
Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rate (KIBOR) figures, showing consistent stability across multiple tenors. The data outlines both the bid and offer rates, providing transparency and insight into the cu...
Read More »Ghani Chemical Industries Maintains Strong Ratings Amid Strategic Expansion
Lahore: The Pakistan Credit Rating Agency Limited has maintained the ratings of Ghani Chemical Industries Limited, reflecting its robust business profile and strategic expansion efforts. The company holds a notable market share in the manufacturing an...
Read More »State Bank of Pakistan Releases Latest Exchange Rates for Major Currencies
Karachi: The State Bank of Pakistan disclosed its latest weighted average customer exchange rates, providing insights into the buying and selling rates of major currencies as of June 13, 2025. The data revealed nuanced fluctuations in the foreign exch...
Read More »Pakistan Experiences Surge in Remittance Inflows Amid Currency Stability
Karachi: Pakistan witnessed its second-highest monthly remittance inflow in May 2025, reaching $3.7 billion, reflecting a 14 percent increase compared to the previous year. This significant rise is attributed to a seasonal influx typically seen around...
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