Business News

Karachi: The State Bank of Pakistan released updated figures for weighted average customer exchange rates, revealing fluctuations in the buying and selling rates of various foreign currencies against the Pakistani Rupee. The data, current as of April ...

Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rate (KIBOR) data on Thursday, revealing a subtle shift in the country's financial landscape. The KIBOR rates, which serve as a benchmark for lending between banks, show...

Karachi: The Exchange Companies Association of Pakistan (ECAP) released the closing exchange rates in the open market on April 17, 2025, showing fluctuations in the buying and selling prices of major currencies against the Pakistani Rupee. The US do...

Karachi: The State Bank of Pakistan (SBP) has released the latest data on its overnight repo and reverse repo facilities. The figures reveal that on April 17, 2025, two institutions accessed the SBP's overnight repo facility, drawing a total amount of...

Karachi: Bank Alfalah Limited (BAFL) disclosed its financial outcomes for the first quarter of the calendar year 2025, revealing a mixed performance with a notable cash payout. The bank reported a profit of PkR7.0 billion, translating to earnings per ...

Karachi: Bank Alfalah Limited (BAFL) disclosed its financial outcomes for the first quarter of the calendar year 2025, revealing a mixed performance with a notable cash payout. The bank reported a profit of PkR7.0 billion, translating to earnings per ...

Karachi: The Exchange Companies Association of Pakistan has reported steady currency exchange rates, reflecting a period of stability in the foreign exchange market. According to the latest data, the interbank rate remains within a narrow margin, with...