Lahore: The Bank of Punjab (BOP) reported a significant 41% year-on-year increase in its unconsolidated profit for the first half of the calendar year 2025, reaching PkR6.8 billion, as revealed in an analyst briefing held today. This growth is attribu...
Read More »Exchange Rates Fluctuate as Pakistani Rupee Faces Pressure
Karachi: The State Bank of Pakistan released the latest exchange rates, revealing fluctuations in the buying and selling rates of major currencies against the Pakistani Rupee. The figures, as of September 16, 2025, show varying levels of changes in th...
Read More »Exchange Rates Fluctuate as Pakistani Rupee Faces Pressure
Karachi: The State Bank of Pakistan released the latest exchange rates, revealing fluctuations in the buying and selling rates of major currencies against the Pakistani Rupee. The figures, as of September 16, 2025, show varying levels of changes in th...
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...
Read More »FPCCI Vice President Criticizes Central Bank’s Policy Rate Decision
KARACHI: Muhammad Aman Paracha, Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has criticized the State Bank of Pakistan's decision to maintain the policy interest rate at 11 percent. He described the decision ...
Read More »Dawlance Unveils Pakistan’s First Female-Led Appliance Service Center
Islamabad: Multan witnessed the inauguration of Pakistan’s first female-led appliance service franchise by Dawlance, a prominent home appliance manufacturer and an Arcelik subsidiary. Australian High Commissioner Neil Hawkins visited the groundbreakin...
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