AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: Pakistan's cement industry is poised for growth as demand is expected to rise, driven by improving economic conditions and easing monetary policy, according to a recent analysis by JS Global. The firm has reiterated its "Overweight" stance on...
Read More »State Bank of Pakistan Sets New Floor for Institutions
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 »Faceless Customs System Gains Support from Business Community in Karachi
Karachi: In a move to modernize customs operations and reduce human interaction, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed strong support for the implementation of the Faceless Customs Assessment (FCA) system. ...
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