Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates, revealing mixed trends among major currencies. The U.S. dollar continues to trade with a slight variation, with buying and selling rates recorded at...
Read More »SBP Holds Policy Rate Steady Amid Economic Uncertainties
Karachi: The State Bank of Pakistan (SBP) announced it would keep the policy rate unchanged at 11%, highlighting concerns over rising imports and geopolitical tensions in the Middle East. These factors were identified as significant risks contributing...
Read More »Currency Exchange Rates Fluctuate Amid Market Dynamics
Karachi: The Exchange Companies Association of Pakistan has released the latest currency exchange rates, revealing fluctuations in the value of multiple currencies against the Pakistani Rupee. As of June 17, 2025, the USD is being bought at 283.80 and...
Read More »Pakistan Fertilizer Sees Uptick in Sales Amid Economic Challenges
Lahore: Fertilizer sales in Pakistan showed signs of recovery for the first time in calendar year 2025, according to a recent report by AKD Securities Limited. The resurgence is attributed to the introduction of interest-free loans under the Punjab Ki...
Read More »KATI Labels Interest Rate Hold as Short-Term Measure Amid Global Tensions
KARACHI: The Korangi Association of Trade and Industry (KATI) has labeled the State Bank of Pakistan's decision to maintain its policy rate at 11% as a temporary measure in response to current global and regional challenges. Junaid Naqi, the KATI Pres...
Read More »Business Leaders Express Frustration Over Unchanged Monetary Policy
Karachi: Business and industry leaders in Pakistan have expressed their dissatisfaction with the State Bank of Pakistan's decision to maintain the current policy rate, citing concerns over its disconnect with the nation's inflation figures and economi...
Read More »PTCL Group and TPL Insurance Join Forces to Launch Device Financing for Enterprises
Islamabad: PTCL Group, the leading telecommunication and digital services provider in Pakistan, has partnered with TPL Insurance to introduce a financial guarantee system. This initiative is designed to facilitate the adoption of digital tools, handhe...
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