Business

Karachi: Gold prices in Pakistan saw an increase on Tuesday, with local rates reflecting changes in the international market. The price of Gold Tola 24 Kt rose to Rs. 303,100, marking an increase of Rs. 100, while Gold 10gm 24 Kt was priced at Rs. 259...

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Karachi: The State Bank of Pakistan has announced the availability of its Overnight Repo and Reverse Repo Facilities for financial institutions, reflecting its ongoing efforts to manage liquidity in domestic markets. The announcement details the amoun...

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Karachi: The State Bank of Pakistan has released new exchange rates for mark-to-market revaluation by authorized dealers in foreign exchange. The data reveals the current, one-month, and one-year exchange rates for several major currencies, including ...

The post Currency Exchange Rates Show Fluctuations Across Major Currencies appeared first on Pakistan Business News.

Karachi: Pakistan's currency exchange rates experienced minimal fluctuations in the open market, with the U.S. dollar closing at 278.76 for buying and 281.04 for selling, revealing a stable trend for the day.

According to a statement by State Bank o...

The post Currency Exchange Rates Show Stability in Pakistan’s Open Market appeared first on Pakistan Business News.

Karachi: The State Bank of Pakistan has released the latest figures on the weighted average customer exchange rates for various currencies, indicating slight fluctuations in buying and selling rates as of February 11, 2025. The United States dollar, e...

The post Exchange Rate Fluctuations as State Bank of Pakistan Releases New Data appeared first on Pakistan Business News.

Karachi: The Karachi Interbank Offered Rate (KIBOR) rates have experienced slight fluctuations across different tenors, as indicated in the latest data release. The rates, which serve as a benchmark for lending between banks, showed mixed movements ac...

The post KIBOR Rates See Marginal Changes Across Various Tenors appeared first on Pakistan Business News.

Karachi: Pakistan's remittance inflows witnessed a significant boost in January 2025, reaching $3 billion, marking a 25% year-on-year increase. Over the cumulative period of the first seven months of fiscal year 2025, overseas Pakistanis remitted $20....

The post Pakistan’s Remittance Inflows Surge by 25% in January appeared first on Pakistan Business News.