Karachi: The Karachi Interbank Offered Rate (KIBOR) rates have been released, showing consistent bid and offer rates across multiple tenors, according to the latest data. The rates, which serve as a benchmark for lending between banks, indicate stabil…
KARACHI: The State Bank of Pakistan released the weighted average customer exchange rates for various currencies as of January 27, 2026. The data, aimed at providing an estimate of the exchange rates quoted by commercial banks to their clients, covers…
Karachi: The Exchange Companies Association of Pakistan (ECAP) has announced the closing exchange rates in the open market for January 27, 2026. The rates indicate that the U.S. dollar was being bought at 280.28 PKR and sold at 280.90 PKR. The Euro, B…
Karachi: AL Habib Capital Markets (Pvt.) Limited, a key player in the equity brokerage sector, has received favorable broker entity ratings from PACRA, reflecting its robust performance in Pakistan’s stock market. The company has experienced significa…
Karachi: President of the United Business Group (UBG) and former head of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Zubair Tufail, has voiced significant concern over the State Bank of Pakistan’s decision to maintain the int…
Karachi: International Steel Ltd (ISL) has reported a significant increase in its earnings for the second quarter of the fiscal year 2026, driven by higher net revenues and increased profit from associates. The company’s earnings reached PkR995 millio…
Karachi: The latest currency exchange rates indicate slight fluctuations across several major foreign currencies against the local currency. The U.S. dollar, euro, British pound, Japanese yen, United Arab Emirates dirham, and Saudi riyal all experienc…