Business News

Karachi: The Exchange Companies Association of Pakistan released updated figures indicating fluctuations in currency exchange rates. The U.S. dollar was observed trading at a buying rate of 283.05 and a selling rate of 284.40. The Euro showed a buyi...

KARACHI: The SITE Association of Industry (SAI) has put forward a series of budget proposals designed to stimulate industrial growth and boost Pakistan's export competitiveness as part of the Federal Budget for 2025-26. In their recommendations, SAI...

Islamabad: Pakistan Telecommunication Company Limited (PTCL) Group has announced a collaboration with NETS International to enhance its IT core routing platforms through the deployment of Cisco's advanced routing solutions. This initiative aims to sig...

Islamabad: PTCL Group, a major player in Pakistan's telecom sector, has joined forces with Mercantile, the official Apple distributor in the country, to unveil exclusive iPhone 16 offers. This partnership aims to provide customers with extended warran...

Karachi: The State Bank of Pakistan has established a new monetary floor for institutional transactions, according to a recent press release. The announcement outlines a floor amounting to 67,000 for a single institution, which will take effect on May...

Karachi: The State Bank of Pakistan released its latest Karachi Interbank Offered Rate (KIBOR) figures, showing a steady trend in short-term lending rates as of May 26, 2025. The data indicates minimal fluctuations in the bid and offer rates over diff...

Karachi: The Exchange Companies Association of Pakistan (ECAP) reported the closing exchange rates for major currencies in the open market as of May 26, 2025, indicating a stable trend in currency values. The U.S. dollar was listed at 283.01 for buyin...