Karachi: The State Bank of Pakistan released current Karachi Interbank Offered Rates (KIBOR) for various tenors, indicating stable short-term interest rates. These rates, which serve as a benchmark for lending between banks, showed little fluctuation …
Karachi: The Exchange Companies Association of Pakistan (ECAP) released the open market closing exchange rates for September 3, 2025, reflecting stable currency valuations in the country’s exchange market.
The US dollar closed at a buying rate of 28…
UBL’s revenue and pretax profit have seen remarkable increases, with 131% and 185% growth, respectively, marking the highest among the top 20 listed companies on the exchange over the last two years. The bank’s stock performance has been impressive, y…
Karachi: United Bank Ltd (UBL) has reported a robust financial performance in the first half of the calendar year 2025, with unconsolidated profits soaring to PkR63.8 billion, marking a 2.2-fold increase compared to the same period last year. This gro…
Karachi: In a remarkable turn of events, the Pakistan Stock Exchange’s KSE100 index soared to an unprecedented level of 152,201.88, marking a dramatic day in the nation’s financial landscape. This historic peak represents a significant gain of 1,226.4…
Karachi: In a dramatic turn of events, the US dollar surged to an unprecedented level against the Pakistani rupee, reaching a record high of 283.30 in the open market. This alarming spike has raised concerns about the nation’s economic stability and i…
Sohbatpur: The Oil and Gas Development Company Limited (OGDC) has partnered with the Strengthening Participatory Organization (SPO) to construct 100 disaster-resilient homes in District Sohbatpur, Balochistan, aiming to aid families severely impacted …