Islamabad: The Pakistani textile industry is expected to witness a 14% year-on-year increase in profitability during the fourth quarter of fiscal year 2025, primarily driven by a surge in exports, according to AKD Securities.
AKD’s analysis of the t…
Islamabad: The Pakistani Rupee (PKR) plunged to historic lows against major international currencies on Monday, according to data released by the Exchange Companies Association of Pakistan. The greenback surged to a record high, trading between PKR 28…
Karachi: The Exchange Companies Association of Pakistan (ECAP) released the latest foreign currency exchange rates on Friday. According to the data, the US dollar is being bought at 282.25 and sold at 283.00 in the open market.
The euro is listed w…
LAHORE: Responding to the catastrophic flooding in Pakistan, Nestle Pakistan, in partnership with several key players in the dairy industry, has donated 200,000 glasses of NESTLE MILKPAK to aid those affected. This initiative, in collaboration with th…
Karachi: Pakistan’s stock market witnessed a significant surge as the KSE100 Index reached a new all-time high, closing at 156,087.31 points, reflecting a robust increase of 1.17 percent from the previous day. This rally was driven by strong performan…
Karachi: The State Bank of Pakistan has announced a new financial floor for institutions, setting it at 10,000 for a single institution as of September 8, 2025. This decision was outlined in a recent release from the central bank, aimed at regulating …