FLASHNEWS:

Category: Business

Pakistan’s Currency Exchange Rates Show Varied Performance

Karachi: The Exchange Companies Association of Pakistan (ECAP) released the open market closing exchange rates for July 28, 2025, highlighting a varied performance among major currencies against the Pakistani Rupee. The data, sourced from the State Ba…

KIBOR Rates See Slight Adjustments Across All Tenors

Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rates (KIBOR) for July 28, 2025, indicating marginal fluctuations across various tenors. According to the data, the one-week tenor bid rate is set at 10.76 percent, with…

PCJCCI Calls for Interest Rate Reduction to Spur Economic Growth

Lahore: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) has urged the State Bank of Pakistan (SBP) to lower the benchmark interest rate from 11% to 6% in its upcoming monetary policy announcement. This appeal comes as Pakistan seeks…

State Bank of Pakistan Sets New Floor for Lending

Karachi: The State Bank of Pakistan has announced a new floor limit for lending, according to a press release. Effective July 28, 2025, the floor limit has been set at 167,000 for two financial institutions.

The announcement did not specify a ceilin…