Business News

Islamabad: The Pakistani Rupee continued its struggle against the US Dollar, closing at 282.55 rupees per dollar in the open market on September 17, 2025, according to the Exchange Companies Association of Pakistan (ECAP). The buying rate for the gr...

Islamabad: The Karachi Interbank Offered Rate (KIBOR) experienced notable volatility across various maturities on September 16, 2025, according to data released by the State Bank of Pakistan. Short-term rates for one-week loans saw the widest spread, ...

Islamabad: The Pakistani Rupee experienced varied movements against major international currencies, according to the latest weighted average customer exchange rates released by the State Bank of Pakistan. The US dollar, a key indicator, closed at a bu...

Karachi: The State Bank of Pakistan (SBP) has decided to maintain its policy rate at 11%, citing a weakened macroeconomic outlook due to ongoing floods. The bank’s Monetary Policy Committee (MPC) views this decision as crucial for ensuring price stabi...

Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rates (KIBOR) for September 16, 2025, indicating slight variations across different tenors. The data reveals that the bids and offers for short-term lending rates have e...

KARACHI: Muhammad Aman Paracha, Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has criticized the State Bank of Pakistan's decision to maintain the policy interest rate at 11 percent. He described the decision ...

Karachi: Pakistan's currency exchange rates have shown signs of stability, according to the latest figures released by the Exchange Companies Association of Pakistan (ECAP). The open market closing exchange rates on September 16, 2025, indicate a stea...