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Category: Business

Exchange Rate Update Shows Fluctuations Across Major Currencies

Karachi: The State Bank of Pakistan has released the latest weighted average customer exchange rates, revealing fluctuations across several major currencies. According to the data, the US dollar stands at a buying rate of 283.9617 and a selling rate o…

KIBOR Rates Show Slight Decline Across All Tenors

Karachi: The Karachi Interbank Offered Rate (KIBOR) has experienced a modest decline across all tenors, according to the latest figures released by the State Bank of Pakistan. The KIBOR rates, which are pivotal for determining lending rates in the fin…

Automobile Sales Surge in June 2025, Marking a Year of Recovery

Karachi: Automobile sales in Pakistan showed significant growth in June 2025, with major industry players achieving the highest combined sales volumes since December 2022. According to a report from JS Global, Indus Motors Company Ltd, Honda Atlas Car…