KIBOR Rates Hold Steady Amid Economic Uncertainty

Karachi: The Karachi Interbank Offered Rate (KIBOR) remained stable across various tenors, reflecting a steady economic environment despite ongoing uncertainties. The State Bank of Pakistan released the latest rates, which showed minimal fluctuations compared to previous weeks.

For the one-week tenor, the bid was recorded at 10.84 percent, with an offer rate of 11.34 percent. The two-week tenor followed closely, with a bid of 10.79 percent and an offer of 11.29 percent. The one-month tenor showed a bid and offer rate of 10.76 percent and 11.26 percent, respectively.

The three-month and six-month tenors both recorded a bid of 10.78 percent and an offer of 11.03 percent. The nine-month tenor stood at a bid of 10.76 percent and an offer of 11.26 percent.

The one-year tenor saw a bid rate of 10.77 percent and an offer rate of 11.27 percent. These rates highlight a period of relative stability amid economic challenges.

The information provided by the State Bank of Pakistan offers insight into the country’s financial climate, with KIBOR serving as a benchmark for lending and borrowing in the interbank market.

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