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Karachi: The State Bank of Pakistan has announced a new financial floor for institutions, setting it at 10,000 for a single institution as of September 8, 2025. This decision was outlined in a recent release from the central bank, aimed at regulating ...
Read More »Karachi: The State Bank of Pakistan has issued the latest weighted average customer exchange rates for a range of currencies. These rates indicate the buying and selling prices for various major currencies as of the latest data release.
The exchange rate for the United States Dollar is listed, with a buying price of 281.3850 and a selling price of 281.8168. The Euro is set at 329.7689 for buying and 330.2673 for selling. Among other currencies, the Pound Sterling is valued at 380.0...
Read More »CDC and JS Global Capital Join Forces to Enhance Real-Time Fund Transfers
Karachi: The Central Depository Company of Pakistan has successfully integrated JS Global Capital Limited into its RAAST Aggregator Platform, a significant step in enhancing secure and instant fund transfers for investors. This collaboration aims to a...
Read More »NBP Reports Robust Profit Growth Amid Strategic Investments
Karachi: National Bank of Pakistan (NBP) held a corporate briefing today, revealing a significant turnaround in its financial performance. The bank reported a profit after tax of Rs22.02 billion, a stark contrast to a loss of Rs10.36 billion during th...
Read More »KIBOR Rates See Steady Trends Across Tenors
Karachi: The State Bank of Pakistan released updated Karachi Interbank Offered Rates (KIBOR) for September 8, 2025, showing consistent trends across different tenors. The data reveals minimal fluctuations in short-term and long-term offered rates, pro...
Read More »Faheem-ur-Rehman Saigol Elected Unopposed as LCCI President
LAHORE: Faheem-ur-Rehman Saigol has been elected unopposed as the President of the Lahore Chamber of Commerce and Industry. His nomination received backing from key figures such as Mian Anjum Nisar, Chairman of the PIAF-Pioneer Progressive Alliance, a...
Read More »Kohat Cement’s Earnings Steady Despite Weaker Margins
KARACHI: Kohat Cement Company Ltd. (KOHC) released its fourth-quarter financial results for fiscal year 2025, revealing earnings of PkR2.4 billion, equivalent to an earnings per share (EPS) of PkR2.6. This marks a 1% decrease compared to the same peri...
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