Business News

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...

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...

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 ...

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....

Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rate (KIBOR) data, indicating consistent stability in the short-term tenors. The figures, effective as of October 7, 2025, show that the bid and offer rates for the ...

Karachi: The Exchange Companies Association of Pakistan (ECAP) on Tuesday released the latest open market closing exchange rates, revealing slight fluctuations in currency values against the Pakistani Rupee. The United States Dollar was reported at ...

KARACHI: The State Bank of Pakistan has announced the weighted average customer exchange rates for a range of foreign currencies as part of its daily report from the Domestic Markets and Monetary Management Department. The report provides insights ...