Karachi: The State Bank of Pakistan disclosed the latest weighted average customer exchange rates on Monday, indicating a range of buying and selling rates for various currencies, pivotal for traders and financial analysts. The newly released rates re…

Karachi: Remittances to Pakistan have reached $16.1 billion in the first five months of the fiscal year 2026, marking a 9% increase from the previous year. In November 2025 alone, the country received $3.2 billion in remittances, maintaining the same …

Lahore: EcoPack Limited, a prominent manufacturer of PET bottles and preforms in Pakistan, has had its entity ratings maintained by The Pakistan Credit Rating Agency Limited (PACRA), reflecting the company’s improved financial performance, stable mark…

KARACHI: Ambassador Mohamed Karmoune of Morocco emphasized the need for enhanced trade relations between Morocco and Pakistan, acknowledging the strong political ties but pointing out that economic exchanges remain limited. During his address at the K…

Islamabad: The International Monetary Fund’s executive board has sanctioned a $1.2 billion disbursement for Pakistan following the second review under the Extended Fund Facility and the first review of the Resilience and Sustainability Facility. This …

Karachi: Exchange rates for several major currencies in Pakistan have experienced shifts, as reported by the Exchange Companies Association of Pakistan. The association’s latest data shows variations in the buying and selling rates of prominent foreig…

Karachi: The International Monetary Fund (IMF) has completed its second review under the Extended Fund Facility (EFF) Arrangement and the first review under the Resilience and Sustainability Facility (RSF), unlocking $1.2 billion for Pakistan. The fun…

ISLAMABAD / KARACHI: The Federation of Pakistan Chambers of Commerce & Industry (FPCCI), under the leadership of President Atif Ikram Sheikh, launched a groundbreaking training initiative at the First Annual Conference on “Co-creating Pakistan’s T…