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…
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…
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…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Foundation Securities (Pvt) Limited at ‘A/A2’, with a stable outlook. The long-term rating of ‘A’ indicates good credit quality and adequate protection factors, though ris…
Karachi: Cement dispatches in March 2025 recorded a 9% year-on-year decline, totaling 3.6 million tons. This decrease is primarily attributed to an 11% drop in local dispatches across both the North and South regions during the Ramadan season. Export …
Karachi: The State Bank of Pakistan has disclosed its most recent financial figures, revealing the ceiling and floor amounts for specific institutions as of April 10, 2025.
According to the data, the ceiling amount stands at 15,700 with three insti…
Karachi: The Karachi Interbank Offered Rates (KIBOR) exhibited stability on Wednesday, with rates remaining consistent across multiple tenors, according to the latest data released by the State Bank of Pakistan.
According to State Bank of Pakistan, …