Karachi: The Karachi Interbank Offered Rate (KIBOR) data released by the State Bank of Pakistan on May 22, 2025, indicates stability in short-term lending rates, with minor fluctuations in longer tenors. The one-week and two-week tenors remain constan…
Karachi: The Exchange Companies Association of Pakistan (ECAP) reported steady exchange rates for major currencies in the open market as of May 22, 2025. The data, sourced from the State Bank of Pakistan, indicates minimal fluctuations, reflecting a s…
Karachi: Tata Textile Mills Ltd. remains a significant player in Pakistan’s textile sector, even as the country’s spinning industry faces hurdles such as reduced cotton production and rising energy costs. The Pakistan Credit Rating Agency Limited (PAC…
Karachi: The State Bank of Pakistan released its latest data on exchange rates, showing relatively stable currencies in the domestic market. The figures, as of May 22, 2025, reflect minimal fluctuations in the buying and selling rates of major currenc…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the asset manager ratings of National Investment Trust Limited (NITL), Pakistan’s oldest asset management company, citing robust financial performance and a strong market positi…
Karachi: Olympia Chemicals Limited has maintained its robust credit ratings, reflecting its solid footing in the soda ash and sodium bicarbonate manufacturing industry. The Pakistan Credit Rating Agency Limited (PACRA) attributed these ratings to the …
Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates, indicating slight fluctuations in major foreign currencies. According to the data provided, the US dollar is being traded at 283.09 for buying and 284…