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Currency Exchange Rates Experience Slight Fluctuations Across Major Currencies

Karachi: The currency exchange rates for major global currencies, including the U.S. dollar, Euro, British pound, Japanese yen, and others, have experienced slight fluctuations over recent days, according to the latest data.

According to a statement...

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Sialkot Chamber Calls for Urgent Reforms in Pakistan’s Construction Sector

Sialkot: The President of the Sialkot Chamber of Commerce and Industry (SCCI), Mr. Ikram ul Haq, has underscored the urgent need to rejuvenate Pakistan's construction industry, a critical sector intertwined with 72 other industries, forming a substant...

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VIS Maintains Rating for The Imperial Electric Company, Outlook Revised

Karachi: VIS Credit Rating Company Limited has maintained the entity ratings of The Imperial Electric Company Pvt Ltd at A-/A2, reflecting its good credit quality and strong likelihood of timely repayment of short-term obligations. However, the outloo...

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PACRA Affirms Ratings for KAM International, Outlook Stable

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of KAM International, affirming a long-term rating of A- and a short-term rating of A2. The outlook for the company remains stable, with no changes to its rati...

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PCDMA Chief Criticizes State Bank’s Modest Interest Rate Cut

Karachi: Salim Valimuhammad, Chairman of the Pakistan Chemicals and Dyes Merchants Association (PCDMA), has dismissed the State Bank of Pakistan's recent 1% reduction in the interest rate, labeling it as inadequate. He expressed concerns over the cent...

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