Karachi: The Pakistani rupee continued to experience pressure against the U.S. dollar, with the State Bank of Pakistan reporting the buying rate at 277.5898 and the selling rate at 278.0149 as of the latest figures.
According to State Bank of Pakist…
Karachi: New data released by the State Bank of Pakistan illustrates steady trends in the Karachi Interbank Offered Rate (KIBOR) for various tenors as of July 24, 2026. The data indicates consistent bid and offer rates across the board, reflecting sta…
Karachi: The latest currency exchange rates in Pakistan have shown a mixed pattern, with some currencies appreciating while others experienced a decline. The data reflects the ongoing fluctuations in the currency market, impacting both individual and …
Karachi: Market conditions remained under pressure this week as the conflict between the United States and Iran expanded, jeopardizing a second critical energy chokepoint. Yemen’s Houthi rebels declared a naval blockade on Saudi Arabia, claiming strik…
Karachi: Pakistan’s local cement dispatches are projected to increase by 11% year-on-year to 3.59 million tons in July 2026, signaling robust domestic demand as the fiscal year 2027 begins. The growth in local sales is attributed to a steady rise in h…
KARACHI: Pakistan’s economic indicators for June 2026 presented a complex scenario with the nation’s current account recording a three-year high monthly deficit of $649 million. Inflation increased to 11.1% during the same period, while the Large Scal…