Karachi: The Karachi Interbank Offered Rate (KIBOR) displayed a range of activity across different tenors, as reported by the State Bank of Pakistan on June 16, 2025. The data reveals slight variations in both bid and offer rates for the short and lon…
Karachi: Airlink Communication Limited, a prominent player in Pakistan’s mobile phone distribution and assembly sectors, has been assigned initial credit ratings by the Pakistan Credit Rating Agency (PACRA). These ratings underscore the company’s robu…
Karachi: The State Bank of Pakistan released the latest weighted average customer exchange rates, providing an updated guide for both buying and selling of major currencies. According to the Domestic Markets and Monetary Management Department, the rat…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has announced its decision to maintain the stability rating of the ABL Islamic Income Fund, affirming the fund’s commitment to a medium-risk investment strategy that aligns with Islamic financ…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the ABL Income Fund, citing its adherence to a medium-risk profile while focusing on capital preservation and stability. The fund’s strategic allocation …
Lahore: The ABL Government Securities Fund, known for its conservative investment strategy, has retained its stability rating, as announced by The Pakistan Credit Rating Agency Limited. The fund, which emphasizes stability, liquidity, and capital pres…
Lahore: The ABL Money Market Fund, an investment option prioritizing capital preservation and liquidity, has had its stability rating maintained by The Pakistan Credit Rating Agency Limited (PACRA). This affirmation reflects the fund’s steadfast strat…