Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Pakistan Currency Exchange Company (Private) Limited at ‘A-/A2’, indicating good credit quality and adequate protection factors for medium to long-term obligations. The sh…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Next Capital Limited at ‘A-/A2’. The ratings indicate good credit quality with adequate protection factors, although risk factors may vary with economic changes. The…
Karachi: VIS Credit Rating Company Limited (VIS) has assigned an ‘A1+’ short-term rating to the Pakistan Telecommunication Company Limited’s (PTCL) Short Term Sukuk VII (STS-VII). This rating signifies the highest level of certainty regarding timely p…
Karachi: Bank Makramah Limited (BML) has revealed a transformative restructuring plan that aims to bolster its capital base significantly, with the Board of Directors approving a comprehensive scheme of arrangement.
According to Bank Makramah Limit…
Lahore: Ittefaq Iron Industries Limited (ITTEFAQ) conducted a corporate briefing to discuss the company’s fiscal year 2024 earnings and future outlook. The session revealed significant declines in both revenue and production volumes.
According to JS…
KARACHI: The latest currency exchange rates provided by the Exchange Companies Association of Pakistan indicate minor fluctuations across several foreign currencies.
The U.S. dollar saw its buying rate at 280.42 and selling rate at 281.05. The euro …
Karachi: The Consumer Price Index (CPI) is projected to decrease significantly in November 2024, reaching its lowest level in six years, as inflation continues its downward trend. The CPI is expected to drop to 4.7%, the lowest since April 2018, suppo…