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VIS Reaffirms Globe Residency REIT Rating Amid Economic Challenges

Karachi: The VIS Credit Rating Company Limited has reaffirmed the Development REIT rating of Globe Residency REIT (GRR) at 'RFR2 (dr)', indicating a high likelihood of successful project implementation despite various economic challenges. The outlook ...

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Exchange Rates Show Minor Variations Across Currencies

Karachi: The State Bank of Pakistan released its latest figures on February 12, 2025, revealing the weighted average customer exchange rates for various currencies. The report indicates slight fluctuations in both buying and selling rates across diffe...

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Currency Exchange Rates Show Fluctuations Across Major Currencies

Karachi: The State Bank of Pakistan has released new exchange rates for mark-to-market revaluation by authorized dealers in foreign exchange. The data reveals the current, one-month, and one-year exchange rates for several major currencies, including ...

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Currency Exchange Rates Show Stability in Pakistan’s Open Market

Karachi: Pakistan's currency exchange rates experienced minimal fluctuations in the open market, with the U.S. dollar closing at 278.76 for buying and 281.04 for selling, revealing a stable trend for the day.

According to a statement by State Bank o...

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Exchange Rate Fluctuations as State Bank of Pakistan Releases New Data

Karachi: The State Bank of Pakistan has released the latest figures on the weighted average customer exchange rates for various currencies, indicating slight fluctuations in buying and selling rates as of February 11, 2025. The United States dollar, e...

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KIBOR Rates See Marginal Changes Across Various Tenors

Karachi: The Karachi Interbank Offered Rate (KIBOR) rates have experienced slight fluctuations across different tenors, as indicated in the latest data release. The rates, which serve as a benchmark for lending between banks, showed mixed movements ac...

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