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Category: Business

Currency Exchange Rates Announced by ECAP

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…

Stock Market Surge: Pakistan’s KSE100 Index Reaches New High

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…

State Bank of Pakistan Sets New Floor for Institutions

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 …

KIBOR Rates See Steady Trends Across Tenors

Karachi: The State Bank of Pakistan released updated Karachi Interbank Offered Rates (KIBOR) for September 8, 2025, showing consistent trends across different tenors. The data reveals minimal fluctuations in short-term and long-term offered rates, pro…