General Business News

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State Bank of Pakistan Announces Access to Overnight Repo Facilities

Karachi: The State Bank of Pakistan has announced the availability of its Overnight Repo and Reverse Repo Facilities for financial institutions, reflecting its ongoing efforts to manage liquidity in domestic markets. The announcement details the amoun...

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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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Economic Challenges Highlighted at Mansehra Chamber Event

Karachi: The country's economic challenges were underscored during a recent visit by Hanif Gohar, former Senior Vice President of FPCCI and Secretary General of UBG Sindh, to the Mansehra Chamber of Commerce and Industry. Gohar emphasized the need for...

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FFC Earnings Impacted by Merger Adjustments, Future Outlook Stable

Karachi: Fauji Fertilizer Company Ltd. (FFC) has reported its fourth-quarter earnings following the completion of its merger with Fauji Fertilizer Bin Qasim Limited (FFBL). The earnings for the merged entity amounted to Rs65 billion, translating into ...

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Master Plan Unveiled to Revamp Karachi’s Key Markets

KARACHI: Mayor Murtaza Wahab has announced a comprehensive master plan focused on the reconstruction of roads and the replacement of sewerage lines in Jodia Bazaar and Kapra Market. This initiative aims to integrate traditional road materials with hig...

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Currency Exchange Rates Fluctuate as Euro and GBP See Increase

Karachi: The currency exchange rates experienced noticeable fluctuations over the course of a few days, with the Euro and the British Pound (GBP) showing significant increases. The latest data indicate changes in buying and selling rates for various c...

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