FLASHNEWS:

Day: June 23, 2025

PACRA Affirms Stability Rating for UBL Cash Fund

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its stability rating for the UBL Cash Fund, underscoring its role as a low-risk money market solution with significant liquidity and capital preservation potential. The fund is …

PACRA Affirms Stability Rating for UBL Cash Fund

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its stability rating for the UBL Cash Fund, underscoring its role as a low-risk money market solution with significant liquidity and capital preservation potential. The fund is …

KIBOR Rates Show Consistency Across Tenors

Karachi: The State Bank of Pakistan released the Karachi Interbank Offered Rate (KIBOR) for June 23, 2025, indicating stable trends across various tenors. The data reveals minimal fluctuation in both bid and offer rates, suggesting a steady interbank …

Pakistani Rupee Sees Stability Against Major Currencies

Karachi: The Exchange Companies Association of Pakistan (ECAP) announced the open market closing exchange rates on June 23, 2025, revealing a steady performance of the Pakistani rupee against major global currencies.

According to the data, the buyi…

MCB Islamic Bank Fortifies Position in Islamic Banking

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of MCB Islamic Bank Limited, affirming its strategic advancements in the Islamic banking sector. As a subsidiary of MCB Bank Limited, the bank has focused on …