Karachi: The State Bank of Pakistan has released updated weighted average customer exchange rates, revealing subtle fluctuations in currency values. The rates, effective April 10, 2025, showcase minor adjustments across several major currencies, inclu...
Read More »PACRA Affirms Rating of Mughal Iron and Steel Amid Industry Challenges
LAHORE: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its rating of Mughal Iron and Steel Industries Limited, a significant player in the steel industry, as the company continues to navigate industry-wide challenges. Mughal faces su...
Read More »VIS Launches Review of Topline Securities Limited
Karachi: VIS Credit Rating Company Limited has initiated a review of Topline Securities Limited, according to a recent announcement. This move marks the beginning of a detailed assessment process, which will culminate in a new rating announcement once...
Read More »VIS Initiates Review of Khanani Securities
Karachi: VIS Credit Rating Company Limited has commenced a review of Muhammad Munir Muhammad Ahmad Khanani Securities Limited, according to a press release issued on April 10, 2025. This review marks the beginning of a rating assessment process for th...
Read More »Packages Real Estate’s Resilient Growth Amid Strategic Expansions
Lahore: Packages Real Estate (Pvt.) Limited (PREL), the real estate division of the prominent Packages Group, has received its initial entity ratings from the Pakistan Credit Rating Agency Limited (PACRA). With the strategic location of its flagship p...
Read More »VIS Begins Review of Fortune Securities Limited
Karachi: VIS Credit Rating Company Limited has commenced a review of Fortune Securities Limited. The initiation of this review indicates that a rating evaluation process is underway, and VIS will announce a rating action once Fortune Securities has su...
Read More »Currency Rates Experience Minor Fluctuations Amid Market Stability
Karachi: Currency rates in Pakistan showed slight fluctuations between April 9 and April 10, as reported by the Exchange Companies Association of Pakistan. The exchange rates for major currencies such as the US Dollar, Euro, and British Pound exhibite...
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