Business News

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Currency Exchange Rates Show Minor Fluctuations in Pakistan

Karachi: The currency exchange rates reflected minor fluctuations between January 22 and January 23, 2025, as per the recent data. The changes were observed across major currencies including the US Dollar, Euro, British Pound, Japanese Yen, United Ara...

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PCJCCI and GREF Discuss Strategies to Boost Regional Economic Ties

Lahore: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) held a significant meeting with the Golden Ring Economic Forum (GREF), focusing on strategies to enhance regional economic collaboration. The discussion centered on innovative ...

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PACRA Affirms Ratings for Loads Limited Amidst Economic Challenges

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its entity ratings for Loads Limited, a notable manufacturer in Pakistan's automotive sector. The company's long-term rating remains at 'A' and short-term rating at 'A1,' with a...

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Currency Exchange Rates Show Marginal Fluctuations in Pakistan

Karachi: Currency exchange rates in Pakistan experienced slight fluctuations over two consecutive days, with minor changes recorded in the buying and selling rates of major currencies.

According to a statement by Exchange Companies Association of Pa...

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First Paramount Modaraba’s Ratings Reaffirmed Amid Strategic Shift

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of First Paramount Modaraba at 'BBB/A3'. The ratings reflect adequate credit quality with a stable outlook. The medium to long-term rating of 'BBB' signifies reasonable prote...

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Jubilee Life Insurance Maintains Top IFS Rating Amidst Market Challenges

Karachi: Jubilee Life Insurance Company Limited has retained its prestigious Insurer Financial Strength (IFS) rating of AA++ with a stable outlook, according to recent ratings by The Pakistan Credit Rating Agency Limited (PACRA). Despite a challenging...

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