Lahore: The Bank of Punjab (BOP) reported a significant 41% year-on-year increase in its unconsolidated profit for the first half of the calendar year 2025, reaching PkR6.8 billion, as revealed in an analyst briefing held today. This growth is attribu...
Read More »Exchange Rates Fluctuate as Pakistani Rupee Faces Pressure
Karachi: The State Bank of Pakistan released the latest exchange rates, revealing fluctuations in the buying and selling rates of major currencies against the Pakistani Rupee. The figures, as of September 16, 2025, show varying levels of changes in th...
Read More »Exchange Rates Fluctuate as Pakistani Rupee Faces Pressure
Karachi: The State Bank of Pakistan released the latest exchange rates, revealing fluctuations in the buying and selling rates of major currencies against the Pakistani Rupee. The figures, as of September 16, 2025, show varying levels of changes in th...
Read More »State Bank of Pakistan Keeps Interest Rate Steady Amid Flood Concerns
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...
Read More »Rupee Slumps Against Major Currencies, Dollar Nears PKR 283
Islamabad: The Pakistani Rupee (PKR) continued its downward trajectory against major international currencies, with the US dollar nearing the PKR 283 mark in the interbank market on September 15, 2025. The greenback traded between PKR 281.95 and PKR...
Read More »Dawlance Unveils Pakistan’s First Female-Led Appliance Service Center
Islamabad: Multan witnessed the inauguration of Pakistan’s first female-led appliance service franchise by Dawlance, a prominent home appliance manufacturer and an Arcelik subsidiary. Australian High Commissioner Neil Hawkins visited the groundbreakin...
Read More »Millat Tractors’ Profits Plunge 38% Amidst Declining Sales
Islamabad: Millat Tractors Limited (MTL) reported a significant 38% year-on-year drop in its unconsolidated profit for the fiscal year 2025, reaching Rs6.4 billion (earnings per share of Rs31.94). This decline comes as tractor sales plummeted by 39% c...
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