Business

Karachi: The Karachi Interbank Offered Rate (KIBOR) remained stable across various tenors, reflecting a steady economic environment despite ongoing uncertainties. The State Bank of Pakistan released the latest rates, which showed minimal fluctuations ...

Karachi: The Exchange Companies Association of Pakistan (ECAP) reported steady exchange rates in its latest update on the open market. According to data released by the State Bank of Pakistan, the US dollar was being bought at 282.77 and sold at 283.6...

Karachi: The State Bank of Pakistan has published the latest weighted average customer exchange rates for various currencies, providing crucial data for financial analysts and businesses engaged in international trade. The rates, issued by the Domesti...

Karachi: The stock market experienced notable fluctuations this week, primarily driven by the recent floods in Khyber Pakhtunkhwa and Punjab, as well as increasing political tensions. The KSE-100 index saw a decline of 870 points, or 0.59%, closing at...

Islamabad: A meeting of the Cabinet Committee on Inter-Governmental Commercial Transactions was held in Islamabad today with Deputy Prime Minister Ishaq Dar presiding. The committee approved the Commercial Agreement of Phase-I of the rail corridor con...

Islamabad: Pakistan's annual inflation rate is projected to hold firm at 4.1% year-on-year in August 2025, according to AKD Securities Limited. This stability comes despite escalating costs across most sectors, offset by moderated increases in signifi...

Islamabad: Wafi Energy Pakistan Limited (WEPL) is considering venturing into the oil marketing sector, even as the firm reported a slightly lower profit after tax of PKR 1.28 billion for the first half of 2025 compared to PKR 1.32 billion during the s...