FLASHNEWS:

Day: May 7, 2025

Atlas Sovereign Fund Retains Stability Amid Investment Strategy

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the Atlas Sovereign Fund (ASF), highlighting the fund’s strategic focus on government securities and debt instruments. This rating reflects the fund’s int…

State Bank of Pakistan Unveils Updated Financial Data

Karachi: The State Bank of Pakistan has released its latest financial figures, revealing a range of interest rate ceilings and floors applied to various institutions. The newly reported data, dated May 7, 2025, indicates significant variation in the a…

Exchange Rates Show Incremental Changes in Pakistani Market

Karachi: The Exchange Companies Association of Pakistan (ECAP) released its open market closing exchange rates, presenting the latest figures for currency trading. The data, sourced from the State Bank of Pakistan, showed slight fluctuations in the bu…

PACRA Upgrades AKD Investment Management Amid Industry Expansion

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has upgraded the asset manager rating of AKD Investment Management Limited, citing the company’s resilience in volatile market conditions and the robust support from its sponsors. This upgrade…