Business

Karachi: The State Bank of Pakistan (SBP) has released its latest data on overnight repo and reverse repo facilities, revealing a significant utilization by financial institutions. On May 7, 2025, one institution accessed the SBP's overnight repo faci...

Lahore: In a recent analysis, Zafar Iqbal, Vice President of the Pakistan China Joint Chamber of Commerce and Industry (PCJCCI), asserted that the long-standing dominance of the U.S. dollar in global trade is facing a significant challenge. This shift...

Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rates (KIBOR) on May 7, 2025, indicating relative stability in short-term borrowing costs, with minor fluctuations observed in longer tenors. The published rates refle...

Karachi: The State Bank of Pakistan released the latest weighted average customer exchange rates, shedding light on the buying and selling trends of various currencies against the Pakistani Rupee. The rates provide insights into the current economic l...

Karachi: The Exchange Companies Association of Pakistan (ECAP) released its open market closing exchange rates, presenting the latest figures for currency trading. The data, sourced from the State Bank of Pakistan, showed slight fluctuations in the bu...

Karachi: The State Bank of Pakistan has released its latest financial figures, revealing a range of interest rate ceilings and floors applied to various institutions. The newly reported data, dated May 7, 2025, indicates significant variation in the a...

Karachi: E-commerce platform Daraz Pakistan has announced the launch of its 5.5 Best Price Sale, presenting substantial discounts and savings opportunities for customers from May 5 to May 9, 2025. The company describes the deals as "worth their weight...