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Category: Business

Karachi Interbank Offered Rate Softens Slightly

Islamabad: Short-term lending rates witnessed a minor dip on September 22, 2025, according to data released by the State Bank of Pakistan. The Karachi Interbank Offered Rate (KIBOR) for one-week loans decreased to 10.82% bid and 11.32% offer, down sli…

Pakistani Rupee Continues Slide Against Major Currencies

Islamabad: The Pakistani Rupee (PKR) maintained its downward trajectory against major international currencies, according to the Exchange Companies Association of Pakistan (ECAP) closing rates on September 22, 2025. The US dollar continued its ascent,…