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Category: Business

Kibor Rates Reflect Stability Across Tenors

Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rates (KIBOR) on Wednesday, showing stability across various tenors. The rates have seen little fluctuation, indicating a period of steadiness in the financial markets.

State Bank of Pakistan Announces New Monetary Measures

Karachi: The State Bank of Pakistan has announced adjustments to its monetary policy, introducing a new floor for financial institutions while leaving the ceiling undefined. As per the latest data released, the floor amount is set at 22,000 units, app…

State Bank of Pakistan Reports Overnight Repo Activity

Karachi: The State Bank of Pakistan (SBP) has released details of its overnight repo activities, showing a single institution accessed its repo facility, borrowing Rs. 22,000 million. No institutions utilized the reverse repo facility on the specified…

Jazz Leads PTA’s Quality Survey in Connectivity and Speed

ISLAMABAD: Jazz, Pakistan’s leading digital operator, has emerged as the top performer in the Pakistan Telecommunication Authority’s latest Quality of Service survey. This achievement underscores the company’s commitment to providing superior connecti…

Fauji Fertilizer Earnings Soar Amid Strategic Shifts

Islamabad: Fauji Fertilizer Limited (FFC) convened a corporate briefing today to discuss its recent financial performance and future strategies. The company reported a significant earnings increase to Rs38.5 billion, marking a 47% year-over-year growt…