Business

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: Fauji Fertilizer Company Ltd. (FFC) remains a leading player in the fertilizer sector, despite facing industry-wide challenges. The company's strategic positioning and favorable market conditions have solidified its standing, even as it navig...

Karachi: Nokia announced that Cybernet, a leading fiber broadband provider in Pakistan, will implement Nokia's state-of-the-art optical transport solution to establish a new long-haul Optical Fiber Cable (OFC) network. This network, capable of deliver...

Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates, indicating minor changes in the values of several major currencies against the Pakistani Rupee. According to the data provided, the US Dollar is bei...

Karachi: The State Bank of Pakistan (SBP) announced a surprising 100 basis point reduction in the policy rate, bringing it down to 11 percent. This move, driven by decreasing inflation, marks the seventh rate cut in the current monetary easing cycle a...