Lahore: Select Technologies Pvt. Limited, a subsidiary of Air Link Communication Limited, is set to issue its fourth Rated, Secured, Privately Placed, Short-Term Sukuk-IV, valued at PKR 3.5 billion. The issuance comes as the company navigates a comple…
Karachi: The State Bank of Pakistan has announced the latest Karachi Interbank Offered Rate (KIBOR) for December 2025. The new rates reflect minor adjustments across various tenors, providing financial institutions with updated benchmarks for short-te…
Karachi: The State Bank of Pakistan released its weighted average customer exchange rates, highlighting a varied performance of the Pakistani rupee against major global currencies as of December 30, 2025.
According to the data, the rupee’s buying ra…
Karachi: The State Bank of Pakistan released its latest report on exchange rates, highlighting the buying and selling rates for various currencies against the Pakistani Rupee. The report provides insights into the weighted average customer exchange ra…
KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has criticized the State Bank of Pakistan’s decision to reduce the policy interest rate by 0.5 percent, arguing that the minor adjustment fails to address the pressing economic challenges …
Karachi: The State Bank of Pakistan (SBP) has reduced its policy rate by 50 basis points to 10.50%, surprising many who anticipated rates would remain unchanged. This decision, announced by the Monetary Policy Committee (MPC), reflects optimism about …