FLASHNEWS:

Category: Business

State Bank Shock: No Access to Overnight Facilities for Second Day

Karachi: In an unexpected development, the State Bank of Pakistan (SBP) reported that for the second consecutive trading session, there was no utilization of its overnight repo and reverse repo facilities. This rare occurrence, documented in the centr…

Currency Volatility: USD and Euro Surge in Exchange Rates

Islamabad: In a surprising turn of events, the latest figures from the Exchange Companies Association of Pakistan reveal a sharp increase in the exchange rates of major currencies, with the US Dollar and Euro seeing significant hikes. The US Dollar no…