Karachi: BankIslami and the National Clearing Company of Pakistan Limited (NCCPL) have entered into a strategic partnership aimed at enhancing the presence of Islamic finance within the country’s capital markets. The agreement, formalized through a Me…
Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rates (KIBOR) for October 3, 2025. The rates indicate slight variations across different tenors, reflecting the ongoing market conditions.
According to the data, the o…
Karachi: The Exchange Companies Association of Pakistan (ECAP) released its open market closing exchange rates for October 3, 2025, indicating a stable trend in the value of major foreign currencies against the Pakistani rupee. The buying and selling …
Karachi: The Pakistan Stock Exchange (PSX) witnessed a significant uptick on Thursday as the KSE100 index soared to a new record high of 168,990.06 points, marking a daily increase of 500.43 points, or 0.30%. This surge reflects a robust yearly growth…
Karachi: The State Bank of Pakistan (SBP) announced that there was no activity recorded in its overnight repo and reverse repo facilities on October 3, 2025. According to a press release from the Domestic Markets and Monetary Management Department, th…
Karachi: The Karachi Interbank Offered Rate (KIBOR) showed slight variations across different tenors according to the latest data released by the State Bank of Pakistan. The rates, which are used as a benchmark for lending, reflect the cost of borrowi…