Karachi: The latest data from the State Bank of Pakistan indicates that the Karachi Interbank Offered Rate (KIBOR) has shown minimal movement across various tenors, reflecting a steady trend in borrowing costs for financial institutions. The rates for…
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has assigned a preliminary rating to the Indus DC REIT Scheme, reflecting its early-stage development profile and the significant sponsor strength and institutional support provided by the Mast…
Islamabad: Pakistan’s inflation forecast for the fiscal year 2027 has been revised downward, with expectations now set at an average of 7.0 to 7.5 percent, representing a decrease of approximately 100 basis points from earlier projections. This adjust…
KARACHI: Exchange rates in Pakistan experienced a slight change as the Pakistani Rupee showed minimal fluctuations against major currencies on July 6, 2026. The interbank rate for the US Dollar was reported at Rs. 278.11 for buying and Rs. 278.31 for …
Karachi: Local mobile phone manufacturing in Pakistan increased by 10% in May 2026 compared to the previous month, with companies producing 2 million units, as reported by the Pakistan Telecommunication Authority (PTA). This rise follows 1.81 million …
Karachi: The Karachi Stock Exchange saw a positive shift in its main index, the KSE100, which rose by 1.12% to close at 187,454.69. This increase was largely driven by gains in the steel and banking sectors, marking an upward movement in the local sto…