FLASHNEWS:

Day: September 1, 2025

Exchange Rate Turmoil: Pakistani Rupee Continues to Plummet

Karachi: The Pakistani Rupee has taken another hit as it continues its downward spiral against major global currencies, casting a shadow over the nation’s economic stability. The Exchange Companies Association of Pakistan (ECAP) reported that the loca…

KIBOR Rates Surge: Financial Markets Brace for Impact

Karachi: In a startling development, the Karachi Interbank Offered Rate (KIBOR) has witnessed a significant surge across various tenors, posing potential challenges for borrowers and investors alike. As of September 1, 2025, the KIBOR rates, released …

State Bank of Pakistan Unveils Soaring Repo Facility Figures

Karachi: The State Bank of Pakistan (SBP) has disclosed a significant surge in its overnight repo facility figures, with a staggering Rs. 124,900 million being accessed by financial institutions. This development underscores a pressing liquidity requi…

Hajj 2026 Pilgrims to Receive Enhanced Support

Islamabad: In a significant development aimed at ensuring a smoother pilgrimage experience, Bank Al Habib has announced the availability of dedicated support for Hajj 2026 pilgrims. Mr. Asad Shahzad Khan from the Hajj Cell of Bank AL Habib will be on …