Karachi: The textile industry in Pakistan is grappling with a confluence of challenges as it faces increased pressure from both domestic and international fronts. The government has set an ambitious raw cotton output target of over 10 million bales fo…
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…
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 …
Karachi: inDrive has become the leading ride-hailing app in Pakistan’s “Maps and Navigation” category on the Google Play Store. This development underscores the app’s rapid expansion and growing user base in the country.
Since its launch in Pakistan…
KARACHI: The State Bank of Pakistan has released its latest weighted average customer exchange rates, providing a snapshot of the current buying and selling rates for various international currencies against the Pakistani Rupee. According to the data …
KARACHI: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the entity ratings of Bank AL Habib Limited (BAHL), underscoring the bank’s robust market positioning in a competitive banking environment. BAHL’s strategic initiatives, anchored …
Karachi: The National Bank of Pakistan (NBP) has maintained its robust entity ratings, reflecting a strong position in the domestic commercial banking sector, according to a recent evaluation by The Pakistan Credit Rating Agency Limited (PACRA). The r…