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Karachi: The State Bank of Pakistan (SBP) announced it would keep the policy rate unchanged at 11%, highlighting concerns over rising imports and geopolitical tensions in the Middle East. These factors were identified as significant risks contributing...

Karachi: The ABL Cash Fund, a low-risk investment vehicle, continues to show stability and resilience, maintaining a robust creditworthiness profile and immediate liquidity access for its investors. The Pakistan Credit Rating Agency Limited (PACRA) ha...

Karachi: The Karachi Interbank Offered Rate (KIBOR) displayed a range of activity across different tenors, as reported by the State Bank of Pakistan on June 16, 2025. The data reveals slight variations in both bid and offer rates for the short and lon...

Karachi: The Exchange Companies Association of Pakistan reported minimal changes in the currency exchange rates on June 16, 2025. According to the data, the US dollar traded at 283.53 for buying and 285.34 for selling, indicating a stable market. Th...

Islamabad: PTCL Group, the leading telecommunication and digital services provider in Pakistan, has partnered with TPL Insurance to introduce a financial guarantee system. This initiative is designed to facilitate the adoption of digital tools, handhe...

Karachi: Business and industry leaders in Pakistan have expressed their dissatisfaction with the State Bank of Pakistan's decision to maintain the current policy rate, citing concerns over its disconnect with the nation's inflation figures and economi...

KARACHI: The Korangi Association of Trade and Industry (KATI) has labeled the State Bank of Pakistan's decision to maintain its policy rate at 11% as a temporary measure in response to current global and regional challenges. Junaid Naqi, the KATI Pres...