Business

Karachi: The State Bank of Pakistan (SBP) has opted to maintain the policy rate at 12.0% as announced in its latest monetary policy statement. Although inflation has shown signs of easing, core inflation remains high, and pressures on the external acc...

Karachi: New data from the Exchange Companies Association of Pakistan (ECAP) reveals a notable increase in foreign currency exchange rates against the Pakistani Rupee. The figures, released on March 8, 2025, show upward trends across multiple currenci...

Karachi: Payoneer, a financial technology firm listed on NASDAQ, has formed a partnership with Meezan Bank, a top Islamic bank in Pakistan, to enhance international payment solutions for small and medium-sized businesses, entrepreneurs, and freelancer...

Lahore: The Lahore Chamber of Commerce and Industry (LCCI) has called for a more localized approach to customs valuation processes, emphasizing that handling these matters within Lahore could alleviate challenges faced by traders and bolster economic ...

Karachi: Mr. Atif Ikram Sheikh, President FPCCI, expressed dissatisfaction with Pakistan's current monetary policy, following the State Bank of Pakistan's (SBP) modest reduction of 100 basis points in its latest Monetary Policy Committee (MPC) meeting...

Karachi: The Pakistan Stock Exchange (PSX) recently hosted a delegation from Iraq’s Scientific Foundation for Financial Transactions (SFFT Iraq), aiming to explore collaboration opportunities in Islamic finance and enhance the Islamic capital markets ...

Karachi: The Exchange Companies Association of Pakistan has released the latest currency exchange rates, reflecting minor adjustments in the value of various foreign currencies against the Pakistani Rupee. The report, issued on November 14, 2025, prov...