Karachi: The State Bank of Pakistan released its latest data on weighted average customer exchange rates, indicating stable buying and selling rates across a range of major currencies. The U.S. dollar is being bought at 280.8512 and sold at 281.2830, …
Karachi: The State Bank of Pakistan (SBP) recently provided financial institutions with Rs. 12 billion through its overnight repo facility. The transaction, which took place on October 21, 2025, involved one institution availing itself of this liquidi…
Karachi: The State Bank of Pakistan has announced a new floor rate for financial institutions, effective from October 21, 2025. The latest figures reveal that the floor amount has been set at 12,000, with one institution falling under this category.
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Karachi: Pakistan’s information technology sector has achieved a significant milestone, recording its highest-ever monthly exports of $366 million in September 2025. This marks a 25% increase compared to the same period last year and a 9% rise from th…
KARACHI: Systems Limited is projected to report a net profit after tax (NPAT) of PkR2.3 billion for the third quarter of the calendar year 2025, according to a preview report by AKD Securities Limited. This represents a slight increase from PkR2.2 bil…
KARACHI: The stock market experienced a robust upward trend with key indices, KSE30 and KSE100, posting significant gains. The KSE30 index rose by 762.76 points to close at 50,886.61, while the KSE100 index increased by 2,436.69 points, closing at 166…