Islamabad: The Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI) hosted a significant dinner reception and business meeting to honor Afghan Commerce Minister H.E. Alhaj Nooruddin Azizi at the Marriott Hotel in Islamabad. The event served as a...
Read More »Exchange Rates for Market Revaluation See Slight Increases Across Multiple Currencies
Karachi: The State Bank of Pakistan has released updated exchange rates for the mark-to-market revaluation by authorized dealers in foreign exchange, showing minor increases across a range of currencies. The US dollar is now at 280.8688 for the read...
Read More »Dollar Climbs as Pakistani Rupee Faces Pressure in Open Market
Karachi: The Exchange Companies Association of Pakistan (ECAP) reported the closing exchange rates for April 21, 2025, highlighting a continued upward trend in foreign currencies against the Pakistani rupee in the open market. The United States dollar...
Read More »KIBOR Rates Indicate Slight Variations Across Tenors
Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rate (KIBOR) data on Thursday, revealing a subtle shift in the country's financial landscape. The KIBOR rates, which serve as a benchmark for lending between banks, show...
Read More »Pakistani Currency Exchange Rates See Fluctuations Against Major Currencies
Karachi: The Exchange Companies Association of Pakistan (ECAP) released the closing exchange rates in the open market on April 17, 2025, showing fluctuations in the buying and selling prices of major currencies against the Pakistani Rupee. The US do...
Read More »State Bank of Pakistan Releases Overnight Repo Facility Data
Karachi: The State Bank of Pakistan (SBP) has released the latest data on its overnight repo and reverse repo facilities. The figures reveal that on April 17, 2025, two institutions accessed the SBP's overnight repo facility, drawing a total amount of...
Read More »Bank Alfalah Reports Mixed 1QCY25 Results with Strong Cash Payout
Karachi: Bank Alfalah Limited (BAFL) disclosed its financial outcomes for the first quarter of the calendar year 2025, revealing a mixed performance with a notable cash payout. The bank reported a profit of PkR7.0 billion, translating to earnings per ...
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