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...
Read More »Indonesia-Pakistan Trade Surges, Paving Way for Deeper Economic Ties
KARACHI: Trade between Indonesia and Pakistan has seen significant growth, reaching $4.2 billion in 2024, as both nations aim to strengthen economic cooperation. From January to September 2025, bilateral trade recorded $2.92 billion, compared to $2.69...
Read More »Ghani Chemworld Ltd. Sets Sights on Calcium Carbide Production
KARACHI: Ghani Chemworld Ltd. (GCWL) provided key insights into its operational and strategic plans during its fiscal year 2025 analyst briefing. The session offered investors a detailed look at the company's progress following its recent business dev...
Read More »KIBOR Rates Show Stability Across Tenors Amid Economic Uncertainty
Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rates (KIBOR), revealing a steady trend across various tenors as the country faces ongoing economic challenges. The rates, which serve as a benchmark for lending in ...
Read More »Exchange Rates in Pakistan Show Stability Across Major Currencies
Karachi: The Exchange Companies Association of Pakistan (ECAP) reported the closing exchange rates for November 19, 2025, indicating stability across major foreign currencies. According to the data released, the US dollar was bought at 281.32 PKR and ...
Read More »Bank Al Habib Sees Solid Deposit Growth but Decline in Market Share
Karachi: Bank Al Habib (BAHL) held a Corporate Briefing Session to discuss its financial performance for the first nine months of 2025 and outline future strategies. While the bank reported a significant increase in deposits, its market share saw a sl...
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