FLASHNEWS:

Category: Business

Stock Market Sees Notable Decline as Indices Slide

Karachi: The Pakistan Stock Exchange faced a notable downturn on Tuesday, with both major indices closing lower than the previous session. The KSE30 fell by 637.71 points, landing at 51,149.07, while the KSE100 dropped by 1,578.66 points to settle at …

Karachi Traders Alarmed by Rising Extortion Threats

Karachi: The Korangi Association of Trade and Industry (KATI) President, Mohammad Ikram Rajput, has raised serious concerns over the increasing incidents of extortion targeting traders and industrialists in Karachi. Rajput called on the Sindh governme…

Pakistan’s Currency Exchange Rates Experience Fluctuations

Karachi: The Exchange Companies Association of Pakistan released new data showing fluctuations in currency exchange rates, underscoring the dynamic nature of the foreign exchange market. The U.S. dollar’s buying rate was recorded at 281.81 with a sell…

State Bank of Pakistan Releases Daily Exchange Rates

Karachi: The State Bank of Pakistan has released the weighted average customer exchange rates for major currencies, providing updated buying and selling rates for May 8. The rates reflect the current exchange values for currencies including the United…

KIBOR Rates Show Stability Across Short-Term Tenors

Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rate (KIBOR) data, indicating consistent stability in the short-term tenors. The figures, effective as of October 7, 2025, show that the bid and offer rates for the …