Islamabad: Pakistan Telecommunication Company Limited (PTCL) Group has announced a collaboration with NETS International to enhance its IT core routing platforms through the deployment of Cisco’s advanced routing solutions. This initiative aims to sig…
Karachi: The Exchange Companies Association of Pakistan released updated figures indicating fluctuations in currency exchange rates. The U.S. dollar was observed trading at a buying rate of 283.05 and a selling rate of 284.40.
The Euro showed a buyi…
Dubai: Careem Pay has launched international money transfers to Jordan, offering a streamlined financial solution for UAE residents looking to support family and friends back home. This new service promises lower fees and faster transactions just in t…
Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rate (KIBOR) figures, indicating steady lending rates across various tenors with slight variations in the bid and offer rates for short to long-term periods.
The one-w…
Karachi: The State Bank of Pakistan has established a new monetary floor for institutional transactions, according to a recent press release. The announcement outlines a floor amounting to 67,000 for a single institution, which will take effect on May…
Karachi: The State Bank of Pakistan (SBP) provided substantial liquidity to the banking sector through its overnight repo facility, injecting Rs. 67 billion on May 26, 2025. This move reflects the central bank’s approach to managing short-term liquidi…