Islamabad: The Pakistan Chemicals and Dyes Merchants Association (PCDMA) has expressed cautious optimism following the Ministry of Energy’s decision to postpone the deadline for the Dangerous Petroleum License (DPL) to October 23, 2025. While the asso…
Islamabad: The Karachi Interbank Offered Rate (KIBOR) experienced notable volatility across various maturities on September 16, 2025, according to data released by the State Bank of Pakistan. Short-term rates for one-week loans saw the widest spread, …
Islamabad: The Pakistani Rupee continued its struggle against the US Dollar, closing at 282.55 rupees per dollar in the open market on September 17, 2025, according to the Exchange Companies Association of Pakistan (ECAP).
The buying rate for the gr…
Islamabad: The Pakistani Rupee experienced varied movements against major international currencies, according to the latest weighted average customer exchange rates released by the State Bank of Pakistan. The US dollar, a key indicator, closed at a bu…
Islamabad: Major global currencies experienced shifts against the Pakistani Rupee (PKR) on September 17, 2025, according to data released by the Exchange Companies Association of Pakistan. The US dollar saw a trading range between PKR 282.01 and PKR 2…
Karachi: BankIslami and MG Motors Pakistan have partnered to offer the lowest Shariah-compliant auto financing rates in the Pakistani market, starting at 4.99% (equivalent to a 1-year rate of 1.49%). This groundbreaking collaboration promises to resha…
Islamabad: Pakistan’s large-scale manufacturing (LSM) sector experienced a significant boost in July 2025, registering a year-on-year growth of 9%, marking the fourth consecutive month of expansion. This positive trend follows five months of decline, …