Karachi: The State Bank of Pakistan (SBP) has released the latest data on its overnight repo and reverse repo facilities. The figures reveal that on April 17, 2025, two institutions accessed the SBP's overnight repo facility, drawing a total amount of...
Read More »Pakistani Currency Exchange Rates See Fluctuations Against Major Currencies
Karachi: The Exchange Companies Association of Pakistan (ECAP) released the closing exchange rates in the open market on April 17, 2025, showing fluctuations in the buying and selling prices of major currencies against the Pakistani Rupee. The US do...
Read More »KIBOR Rates Indicate Slight Variations Across Tenors
Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rate (KIBOR) data on Thursday, revealing a subtle shift in the country's financial landscape. The KIBOR rates, which serve as a benchmark for lending between banks, show...
Read More »Foreign Exchange Rates Experience Fluctuations Amid Market Dynamics
Karachi: The State Bank of Pakistan released updated figures for weighted average customer exchange rates, revealing fluctuations in the buying and selling rates of various foreign currencies against the Pakistani Rupee. The data, current as of April ...
Read More »President, PM Express Resolve to Eradicate Terrorism from Country
Islamabad: President Asif Ali Zardari and Prime Minister Shehbaz Sharif have commended security forces for their successful operation against terrorists in Dera Ismail Khan District. In their separate messages, both appreciated the security forces for...
Read More »Pakistan’s Current Account Achieves Record Surplus in March
Islamabad: Pakistan's Current Account recorded an unprecedented monthly surplus in March, reaching 1.19 billion dollars. This marks a 229 percent increase compared to the same period last year. According to Radio Pakistan, a statement from Khurram S...
Read More »Chinese Firm Eyes Investment in Pakistan’s Maritime Sector with Desalination Plant Proposal
Karachi: A leading Chinese construction company has expressed interest in investing in Pakistan's maritime industry due to the support of the Special Investment Facilitation Council (SIFC). The potential investment comes as a proposal is under conside...
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