Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has announced the maintenance of the stability rating of the AKD Cash Fund, reflecting its low-risk profile. The fund, known as AKD CF, is designed to provide optimal returns with minimal risk…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the AKD Aggressive Income Fund, reflecting its medium-risk profile. The fund aims to provide investors with a diverse portfolio of fixed-income securitie…
Karachi: The State Bank of Pakistan has disclosed details regarding its overnight reverse repo facility usage, revealing that on November 19, 2025, two financial institutions accessed the facility for a total sum of Rs. 351,500 million. In contrast, t…
Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rates (KIBOR), revealing a steady trend across various tenors as the country faces ongoing economic challenges. The rates, which serve as a benchmark for lending in …
Karachi: The Exchange Companies Association of Pakistan (ECAP) reported the closing exchange rates for November 19, 2025, indicating stability across major foreign currencies. According to the data released, the US dollar was bought at 281.32 PKR and …
Lahore: Service Industries Limited (SRVI) and its subsidiary, Service Global Footwear (SGF), have announced a significant financial upturn, reporting a doubling of earnings for the first nine months of the calendar year 2025. The announcement came dur…