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Currency Exchange Rates Show Marginal Fluctuations Across Major Currencies

Karachi: The latest currency exchange rates indicate slight changes in the buying and selling prices of several major currencies, with the US dollar, euro, and British pound experiencing minor fluctuations, as reported on January 13, 2025.

According...

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Pakistan Trade Delegation Aims to Strengthen Economic Ties with Bangladesh

Karachi: A multi-sectoral exporters' delegation from Pakistan is set to visit Bangladesh this week, with the aim of enhancing economic, commercial, and trade relations between the two countries. Led by Mr. Atif Ikram Sheikh, President of the Federatio...

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Strong Recovery in Urea Sales Projected for December 2024

Karachi: Urea sales are projected to experience a significant recovery in December 2024, reaching the highest levels in over four years, Urea off-take is expected to reach 991,000 tons, marking a 58% increase year-on-year and a 52% rise month-on-month...

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Zafar Iqbal of PCJCCI Advocates for Collaboration with China to Boost Pakistan’s Chemical Industry

Lahore: Zafar Iqbal, Vice President of the Pakistan China Joint Chamber of Commerce and Industry (PCJCCI), has emphasized the need for Pakistan to collaborate with China in order to enhance the country's chemical industry and shift its focus from bein...

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Atlas Solar Limited Receives Maintained Ratings from VIS, Outlook Upgraded to Positive

Karachi: VIS Credit Rating Company Limited has maintained the entity ratings of Atlas Solar Limited at 'A/A2' with a revised outlook from 'Stable' to 'Positive'. This reflects good credit quality and a solid likelihood of timely repayment of short-ter...

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Bank AL Habib Limited Maintains AAA Rating Amid Improved Profitability and Deposit Growth

Karachi: Bank AL Habib Limited has successfully maintained its long-term AAA rating for its Tier II TFC VIII debt instrument, as affirmed by The Pakistan Credit Rating Agency Limited (PACRA). The bank's steady performance is underpinned by its efforts...

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