Karachi: The Exchange Companies Association of Pakistan (ECAP) released the closing exchange rates for January 21, 2026, showing stability in the buying and selling rates of major currencies against the Pakistani Rupee. The data provides insights into…
Karachi: The Karachi Interbank Offered Rate (KIBOR) experienced slight variations in its rates across different tenors, according to the latest figures released. The data, which was released by the State Bank of Pakistan, indicates a minor fluctuation…
Karachi: In a move to protect its local industry, Pakistan’s National Tariff Commission (NTC) has announced provisional anti-dumping duties on soda ash imports from Turkiye and Kenya. The decision comes after a preliminary investigation found that the…
Karachi: Textile exports from Pakistan are projected to fall short of the government’s target, with expectations of remaining flat year-on-year at around $17 billion to $17.5 billion. This is in contrast to the initial government target of $19.4 billi…
Karachi: President and CEO of Meezan Bank, Dr. Syed Amir Ali, announced a new initiative to allocate a PKR 10 million seed fund for startups recommended by the Korangi Association of Trade and Industry (KATI). The announcement was made during a meetin…
Islamabad: As recent IMF projections and current account data underscore continued pressure on the Pakistan economy, traders warn that policy missteps are undermining any gains from a fragile recovery.
According to Islamabad Chamber of Commerce and …