KARACHI: The Exchange Companies Association of Pakistan has announced the latest currency exchange rates for various currencies against the Pakistani Rupee. The rates are set for the interbank market and reflect the ongoing trends in the currency exch…

Karachi: The Exchange Companies Association of Pakistan (ECAP) reported stable exchange rates for the Pakistani rupee against major international currencies in the open market as of May 8, 2026. The US dollar closed at a buying rate of 279.14 and a se…

Karachi: Allied Bank Ltd. (ABL) held an analyst briefing today to discuss its financial results for the first quarter of the calendar year 2026 and its outlook for the future. The bank reported a standalone net profit after tax (NPAT) of PkR8.3 billio…

Karachi: The Karachi Stock Exchange experienced a bullish week, with the KSE-100 Index gaining 8,122 points, or 5.0% week-on-week, to close at 171,116 points on Friday. Despite a decrease in average daily trading volumes by 9.7% to 1.1 billion shares,…

Karachi: The KSE-100 index experienced a notable increase of 5% over the past week, driven by optimism surrounding a potential peace agreement between the United States and Iran. This increase reflects an 8,121-point rise in the index, even as regiona…

Karachi: Pakistan Single Window (PSW) and the Trade Development Authority of Pakistan (TDAP) have signed a Memorandum of Understanding (MoU) aimed at enhancing the digitalization of Pakistan’s trade ecosystem. The partnership, formalized at the TDAP H…