Karachi: The State Bank of Pakistan announced new financial benchmarks on July 23, 2025, establishing a ceiling of 137,000 and a floor of 52,000 for financial institutions.
According to the data released, both the ceiling and floor levels were appl…
Karachi: The Karachi Interbank Offered Rate (KIBOR) indicated slight fluctuations across various tenors, according to data released by the State Bank of Pakistan on July 23, 2025. The minor changes in bid and offer rates reflect ongoing economic condi…
Karachi: The Exchange Companies Association of Pakistan (ECAP) reported the closing exchange rates in the open market, reflecting varied buying and selling values for several major currencies. According to the data released on July 23, 2025, the US Do…
KARACHI: The State Bank of Pakistan has released the weighted average customer exchange rates for July 23, 2025. The exchange rates provide insights into the buying and selling rates of various currencies against the Pakistani Rupee.
According to th…
KARACHI: The Pakistan Vanaspati Manufacturers Association (PVMA) has issued an ultimatum to the government, threatening to halt all ghee and cooking oil production nationwide if the Federal Board of Revenue (FBR) does not retract certain tax enforceme…
Karachi: The Pakistan Stock Exchange (PSX) saw a minor decline in its main indices on Tuesday, with the KSE100 index closing at 139,254.36 points, reflecting a drop of 165.27 points or 0.12%. The KSE30 index also saw a decrease, closing at 42,628.17 p…