Business

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...

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...

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 ...

Karachi: Pakistan's currency exchange rates have shown signs of stability, according to the latest figures released by the Exchange Companies Association of Pakistan (ECAP). The open market closing exchange rates on September 16, 2025, indicate a stea...

Karachi: In a bid to strengthen economic ties between Pakistan and Malaysia, H.E. Dato' Mohammad Azhar Mazlan, the Malaysian High Commissioner in Pakistan, has promised to facilitate Pakistani exporters to improve market access to Malaysia. This commi...

Karachi: The Exchange Companies Association of Pakistan released updated currency rates today, indicating a stable exchange environment for major currencies against the Pakistani Rupee. The US Dollar is being traded at a buying rate of 282.03 and a ...

Islamabad: Mian Zahid Hussain, a prominent business leader and former government official, voiced his frustration over the State Bank of Pakistan's (SBP) decision to maintain its policy interest rate at 11%. He argues that the current rate hinders eco...