Karachi: BankIslami and MG Motors Pakistan have partnered to offer the lowest Shariah-compliant auto financing rates in the Pakistani market, starting at 4.99% (equivalent to a 1-year rate of 1.49%). This groundbreaking collaboration promises to resha…
Islamabad: Major global currencies experienced shifts against the Pakistani Rupee (PKR) on September 17, 2025, according to data released by the Exchange Companies Association of Pakistan. The US dollar saw a trading range between PKR 282.01 and PKR 2…
Islamabad: The Pakistani Rupee experienced varied movements against major international currencies, according to the latest weighted average customer exchange rates released by the State Bank of Pakistan. The US dollar, a key indicator, closed at a bu…
Islamabad: The Pakistani Rupee continued its struggle against the US Dollar, closing at 282.55 rupees per dollar in the open market on September 17, 2025, according to the Exchange Companies Association of Pakistan (ECAP).
The buying rate for the gr…
Islamabad: The Karachi Interbank Offered Rate (KIBOR) experienced notable volatility across various maturities on September 16, 2025, according to data released by the State Bank of Pakistan. Short-term rates for one-week loans saw the widest spread, …
Lahore: The Bank of Punjab (BOP) reported a significant 41% year-on-year increase in its unconsolidated profit for the first half of the calendar year 2025, reaching PkR6.8 billion, as revealed in an analyst briefing held today. This growth is attribu…