Islamabad: The Pakistan Stock Exchange's benchmark KSE-100 index surged nearly 800 points to close at 156,181, approaching its all-time high. Trading volume increased significantly to 1.35 billion shares compared to the previous day's 858 million. M...
Read More »Currency Exchange Rates Fluctuate Against Pakistani Rupee
Islamabad: Major global currencies experienced shifts against the Pakistani Rupee (PKR) on September 17, 2025, according to data released by the Exchange Companies Association of Pakistan. The US dollar saw a trading range between PKR 282.01 and PKR 2...
Read More »Pakistani Rupee Remains Under Pressure Against US Dollar
Islamabad: The Pakistani Rupee continued its struggle against the US Dollar, closing at 282.55 rupees per dollar in the open market on September 17, 2025, according to the Exchange Companies Association of Pakistan (ECAP). The buying rate for the gr...
Read More »Pakistani Rupee Fluctuates Against Major Currencies
Islamabad: The Pakistani Rupee experienced varied movements against major international currencies, according to the latest weighted average customer exchange rates released by the State Bank of Pakistan. The US dollar, a key indicator, closed at a bu...
Read More »Bankislami And MG Offer Lowest Auto Financing Rates
Karachi: BankIslami and MG Motors Pakistan have partnered to offer the lowest Shariah-compliant auto financing rates in the Pakistani market, starting at 4.99% (equivalent to a 1-year rate of 1.49%). This groundbreaking collaboration promises to resha...
Read More »State Bank of Pakistan Keeps Interest Rate Steady Amid Flood Concerns
Karachi: The State Bank of Pakistan (SBP) has decided to maintain its policy rate at 11%, citing a weakened macroeconomic outlook due to ongoing floods. The bank’s Monetary Policy Committee (MPC) views this decision as crucial for ensuring price stabi...
Read More »KIBOR Rates Show Slight Variations Across Tenors
Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rates (KIBOR) for September 16, 2025, indicating slight variations across different tenors. The data reveals that the bids and offers for short-term lending rates have e...
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