KARACHI: The State Bank of Pakistan has released the weighted average customer exchange rates for September 22, 2026. The buying and selling rates for major currencies were detailed in the report, showcasing the current exchange landscape.
According…
Karachi: The Exchange Companies Association of Pakistan (ECAP) released the latest open market closing exchange rates, revealing that the U.S. dollar was buying at 278.19 and selling at 279.26 on September 22, 2026. The euro, British pound, Japanese y…
Karachi: The State Bank of Pakistan has published the latest Karachi Interbank Offered Rates (KIBOR), which indicate a marginal fluctuation in interest rates across various tenors. The KIBOR rates, effective from September 22, 2026, reflect the borrow…
NIZAMPUR: Fauji Cement Company Limited (FCCL) has received board approval to install Battery Energy Storage Systems (BESS) and solar power setups at its Nizampur and Jhang Bahtar plants. The project will involve the installation of BESS with a capacit…
Karachi: Pakistan’s Exploration and Production (E&P) sector closed FY26 with record-breaking earnings and cash flow, driven by higher oil prices, increased production, and super tax reversals.
According to AKD Securities Limited, the sector …
Karachi: Pakistan’s oil and gas reserves have seen a notable increase, with oil reserves rising by 9% and gas reserves by 10%, according to recent data. The increase is attributed to new discoveries and additions from fields such as Baragzai, which si…