FLASHNEWS:

Day: July 30, 2025

UBG Criticizes Pakistan’s Decision to Maintain 11% Policy Rate

Karachi: The United Business Group (UBG) has expressed strong disapproval of the State Bank of Pakistan’s recent decision to keep the interest rate steady at 11%. According to UBG President Zubair Tufail, the Monetary Policy Committee’s decision has d…

Currency Exchange Rates See Slight Fluctuations in Market

Karachi: The Exchange Companies Association of Pakistan has released new foreign currency exchange rates, indicating minor fluctuations across various currencies. The rates, dated July 30, 2025, show changes in buying and selling prices for key foreig…

High Interest Rate Sparks Concern Amid Declining Inflation

KARACHI: The President of the SITE Association of Industry, Ahmed Azeem Alvi, has voiced significant concern regarding the State Bank of Pakistan’s decision to maintain the policy rate at 11%. According to a statement from Mr. Alvi, the central bank’s…

Pak-Qatar Family Takaful Sets New Standard with ‘AA’ Rating

Karachi: In a significant development for Pakistan’s Islamic finance sector, Pak-Qatar Family Takaful Limited (PQFTL) has achieved a milestone by becoming the first dedicated Family Takaful operator in the country to receive an ‘AA’ Insurer Financial …