Karachi: The State Bank of Pakistan has released the weighted average customer exchange rates for various foreign currencies against the Pakistani Rupee. The rates, which were reported for August 18, 2026, include buying and selling prices for several…
Karachi: The Exchange Companies Association of Pakistan (ECAP) has released the closing exchange rates for the open market as of August 18, 2026. The rates indicate the buying and selling prices for several major currencies, including the US Dollar, E…
Karachi: The latest Karachi Interbank Offered Rates (KIBOR) indicate slight fluctuations across various tenors, with both bid and offer rates experiencing minor changes. The one-week tenor bid rate stands at 11.37 percent, while the offer rate is 11.8…
Karachi: Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and President of the ECO Chamber of Commerce and Industry (ECO-CCI), has called for converting the extensive economic potential of the EC…
Karachi: Earnings for Pakistan’s steel sector are forecasted to experience significant growth in fiscal year 2026, with an anticipated increase of 2.7 times year-over-year, driven by strong performance from key players MUGHAL and ISL.
According to A…
Karachi: Engro Polymer & Chemicals Ltd. (EPCL) announced a notable financial turnaround in the first half of the calendar year 2026, reporting a profit of PkR1.6 billion compared to a loss of PkR3.2 billion in the same period last year. The co…