Karachi: Currency exchange rates in Pakistan have experienced slight variations, according to data released on April 24, 2025, by the Exchange Companies Association of Pakistan. The report provides insights into the buying and selling rates of several...
Read More »Fauji Cement’s Profitability Surges 21% Amid Improved Margins
Karachi: Fauji Cement Company Ltd. (FCCL) has reported a notable increase in its third-quarter earnings for the fiscal year 2025, with profits rising to PkR2.1 billion, a 21% year-on-year increase. The improvement, however, fell short of analyst expec...
Read More »KIBOR Rates Show Stability Across Tenors
Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rate (KIBOR) figures, indicating stability in interest rates across different tenors. The data, published for April 24, 2025, reveals slight variations in the bid and of...
Read More »Khushhali Microfinance Bank Promotes Financial Literacy Across Pakistan
Islamabad: Khushhali Microfinance Bank (KMBL) has successfully concluded its participation in the Pakistan Financial Literacy Week (PFLW) 2025, highlighting its ongoing commitment to enhancing financial awareness and promoting inclusion nationwide. ...
Read More »U.S. Dollar and Euro Show Modest Gains in Pakistan’s Exchange Market
Karachi: The Exchange Companies Association of Pakistan reported on April 24, 2025, that the U.S. dollar and euro saw modest increases in the open market exchange rates. According to the association's data, the U.S. dollar closed at a buying rate of 2...
Read More »Cement Companies Report Mixed Earnings in 3QFY25
Karachi: Lucky Cement Ltd (LUCK), Pioneer Cement Ltd (PIOC), and Attock Cement Pakistan Ltd (ACPL) are expected to report varying earnings performances for the third quarter of fiscal year 2025, according to projections from JS Global. LUCK is antic...
Read More »Tower Power’s Ratings Reaffirmed Amid Sector Growth
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Tower Power (Private) Limited (TPL) at 'A-/A2'. These ratings reflect a good credit quality with adequate protection factors and a stable outlook, according to a pre...
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