Karachi: The Karachi Interbank Offered Rate (KIBOR) has shown slight variations in its latest update, reflecting a stable economic environment. The data, released by the State Bank of Pakistan and sourced from Refinitiv, indicates minimal changes acro...
Read More »Exchange Rates in Pakistan Show Stability Amid Economic Shifts
Karachi: The Exchange Companies Association of Pakistan (ECAP) released the open market closing exchange rates for several key currencies, indicating stable trading conditions amidst ongoing economic shifts. The data provided by the State Bank of Paki...
Read More »Pakistan Oilfields Outlines Strategic Plans Amid Production Challenges
Islamabad: Pakistan Oilfields Limited (POL) held a Corporate Briefing Session to discuss its financial results and future outlook. The company announced the commencement of gas production at its Razgir site, with plans to boost capacity by the end of ...
Read More »Currency Exchange Rates Fluctuate Amidst Economic Uncertainty
Karachi: The Exchange Companies Association of Pakistan released new currency exchange rates, reflecting ongoing fluctuations in the foreign exchange market. According to the association, the US dollar is being traded between USD 281.30 and 281.70, in...
Read More »FPCCI Praises Sindh Police for Dismantling Criminal Network
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has commended the Sindh Police, particularly the Sukkur Range Police and Sindh Rangers, for their effective operation against a notorious criminal gang. The operation, condu...
Read More »Pakistani Rupee Exchange Rates Show Slight Variability Across Currencies
Karachi: The State Bank of Pakistan released the weighted average customer exchange rates for various foreign currencies against the Pakistani rupee on November 20, 2025. The data reveals slight differences between buying and selling rates for currenc...
Read More »Pakistan Oil Fields Reports Decrease in Profit Amid Lower Production and Oil Prices
ISLAMABAD: Pakistan Oil Fields (POL) announced a significant decline in its financial performance for the fiscal year 2025 during an analyst briefing. The company reported a standalone net profit after tax (NPAT) of PKR 24.2 billion, equating to earni...
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