Karachi: The State Bank of Pakistan disclosed details of its recent overnight repo transactions, indicating that on October 8, 2025, three financial institutions accessed the central bank's repo facility, borrowing a total of 72,300 million rupees. No...
Read More »OIC Member States Unite to Strengthen SME Growth and Collaboration
Lahore: The Small and Medium Enterprises (SMEs) in the Organisation of Islamic Cooperation (OIC) member states have committed to bolstering entrepreneurship and fostering inclusive economic growth. This pledge was made during the first meeting of the ...
Read More »International Handmade Carpet Exhibition in Lahore Attracts Global Buyers
Lahore: The 41st International Handmade Carpet Exhibition has begun in Lahore, drawing a significant number of international buyers. Organized by the Pakistan Carpet Manufacturers and Exporters Association (PCMEA), the three-day event showcases a wide...
Read More »Pakistan’s Currency Exchange Rates Experience Fluctuations
Karachi: The Exchange Companies Association of Pakistan released new data showing fluctuations in currency exchange rates, underscoring the dynamic nature of the foreign exchange market. The U.S. dollar's buying rate was recorded at 281.81 with a sell...
Read More »Karachi Traders Alarmed by Rising Extortion Threats
Karachi: The Korangi Association of Trade and Industry (KATI) President, Mohammad Ikram Rajput, has raised serious concerns over the increasing incidents of extortion targeting traders and industrialists in Karachi. Rajput called on the Sindh governme...
Read More »Stock Market Sees Notable Decline as Indices Slide
Karachi: The Pakistan Stock Exchange faced a notable downturn on Tuesday, with both major indices closing lower than the previous session. The KSE30 fell by 637.71 points, landing at 51,149.07, while the KSE100 dropped by 1,578.66 points to settle at ...
Read More »State Bank of Pakistan Updates Financial Institutions on New Monetary Policy
Karachi: The State Bank of Pakistan has announced a new floor rate for financial institutions, set at 44,900, effective from October 7, 2025. Two financial institutions will be impacted by this adjustment, according to the bank's latest press release....
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