Lahore: The Pakistan Credit Rating Agency Limited has reaffirmed the ratings of Fatima Fertilizer Company Limited (FFCL), highlighting its strategic importance in Pakistan's fertilizer sector. The ratings reflect the company's robust business fundamen...
Read More »KIBOR Rates Experience Slight Adjustments Across Tenors
Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rates (KIBOR) for July 24, 2025, showing minor adjustments across various tenors. The rates, which serve as a benchmark for lending in the financial sector, indicate...
Read More »PACRA Assigns Ratings to Masood Spinning Mills Limited Amid Strategic Expansion
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has assigned initial ratings to Masood Spinning Mills Limited (MSML), recognizing the company's positioning in Pakistan's spinning industry. The ratings are bolstered by MSML's affiliation with...
Read More »State Bank of Pakistan Reports Financial Ceiling and Floor Data
Karachi: The State Bank of Pakistan has released new data detailing the financial ceiling and floor amounts for July 24, 2025. According to the report, there was a ceiling amount of 100 units involving one institution, while the floor amount stood at ...
Read More »Rafique Suleman to Lead Pakistan-Kenya Business Council, Aims to Boost Economic Ties
Karachi: Prominent Pakistani rice exporter Rafique Suleman has been elected President of the Pakistan-Kenya Business Council (PKBC). Suleman, who has been instrumental in enhancing trade relations between the two countries, pledged to deepen the econo...
Read More »Remittance Boost Fuels Temporary Current Account Surplus in Pakistan
KARACHI: Pakistan has achieved a historic current account surplus of $2.1 billion for the fiscal year 2025, driven by a surge in remittances from overseas Pakistanis, according to Mian Zahid Hussain, a prominent business leader. While the development ...
Read More »Currency Exchange Rates Show Slight Variations Across Major Currencies
Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates, revealing minor fluctuations across various major currencies. The U.S. dollar's buying and selling rates were reported at 286.25 and 287.60, respec...
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