KARACHI: The State Bank of Pakistan released updated figures for the weighted average customer exchange rates, reflecting a period of relative stabilization amid ongoing market fluctuations. The report from the Domestic Markets and Monetary Management…
Karachi: The stock market experienced notable volatility this week, influenced by geopolitical tensions and economic developments. Despite an initial decline due to border tensions with Afghanistan, the market rebounded sharply by 4,900 points in the …
KARACHI: The Pakistan Vanaspati Manufacturers Association (PVMA) has called on government officials to expedite the payment of Rs 6.5 billion owed by the Utility Stores Corporation (USC) to ghee and cooking oil manufacturers. According to PVMA Chairma…
Karachi: Zubair Tufail, President of the United Business Group, has called for the State Bank of Pakistan to lower its policy rate by 100 basis points, following a recent decision by the United States to reduce its interest rate by 25 basis points.
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Karachi: Habib Bank Limited (HBL) held a corporate briefing session where it revealed a robust increase in deposits and a stable financial outlook for the upcoming year. The bank reported a 16% growth in total deposits reaching Rs5.1 trillion in the f…
KARACHI: The State Bank of Pakistan reported that on October 30, 2025, four financial institutions accessed its Overnight Repo Facility, borrowing a total of Rs. 146,300 million. This transaction underscores the institutions’ liquidity management stra…