Lahore: EcoPack Limited, a prominent manufacturer of PET bottles and preforms in Pakistan, has had its entity ratings maintained by The Pakistan Credit Rating Agency Limited (PACRA), reflecting the company’s improved financial performance, stable mark…
Karachi: The Exchange Companies Association of Pakistan (ECAP) reported steady closing exchange rates in the open market on December 9, 2025. The rates, sourced from the State Bank of Pakistan, showed minimal fluctuations across major currencies.
Th…
Karachi: The State Bank of Pakistan disclosed the latest weighted average customer exchange rates on Monday, indicating a range of buying and selling rates for various currencies, pivotal for traders and financial analysts. The newly released rates re…
KARACHI: Pakistan’s Economic Coordination Committee (ECC) is considering a proposal to raise margins for Oil Marketing Companies (OMCs) by up to PKR 1.63 per liter, according to reports. This potential adjustment, which amounts to a 14-21% increase fr…
Karachi: The International Monetary Fund (IMF) has completed its second review under the Extended Fund Facility (EFF) Arrangement and the first review under the Resilience and Sustainability Facility (RSF), unlocking $1.2 billion for Pakistan. The fun…
Islamabad: The International Monetary Fund’s executive board has sanctioned a $1.2 billion disbursement for Pakistan following the second review under the Extended Fund Facility and the first review of the Resilience and Sustainability Facility. This …