Business

Karachi: The stock market experienced a modest uptick on Thursday, with the KSE30 and KSE100 indices posting gains over the previous trading session. The KSE30 index rose by 145.67 points, reaching 46,499.67, while the KSE100 index increased by 463.85...

Karachi: In a dramatic turn of events, the US dollar surged to an unprecedented level against the Pakistani rupee, reaching a record high of 283.30 in the open market. This alarming spike has raised concerns about the nation's economic stability and i...

Karachi: A remarkable upswing has been observed in the urea market with August 2025 witnessing a record-breaking surge in sales, marking the highest figures for the month in eight years. Provisional data indicates that the urea off-take for August is ...

Karachi: In a remarkable trading session, the Karachi Stock Exchange witnessed substantial increases across its major indices, with the KSE100 index climbing 1,226.39 points, or 0.81%, to close at 152,201.88. This surge marks a notable achievement as ...

Karachi: The State Bank of Pakistan (SBP) reported the utilization of its overnight repo facility by a single institution on September 3, 2025, with a transaction involving Rs. 40,000 million. No activity was recorded for the SBP's overnight reverse r...

Karachi: The State Bank of Pakistan released current Karachi Interbank Offered Rates (KIBOR) for various tenors, indicating stable short-term interest rates. These rates, which serve as a benchmark for lending between banks, showed little fluctuation ...

Karachi: The State Bank of Pakistan has announced an update to the currency floor for September, setting the amount at 40,000 with one institution involved. The announcement comes as part of the central bank's regular updates on currency operations ...