Riyadh: The national flag carrier of Saudi Arabia, Saudia Airlines, is dramatically reshaping the Hajj pilgrimage experience by introducing innovative services and comprehensive travel solutions for 2025 and beyond. This initiative marks a significant…
KARACHI: The State Bank of Pakistan released its latest data on weighted average customer exchange rates, revealing minor fluctuations in the buying and selling prices of major currencies.
The report, issued by the Domestic Markets and Monetary Man…
Karachi: The Exchange Companies Association of Pakistan (ECAP) reported the closing exchange rates for major currencies in the open market as of May 26, 2025, indicating a stable trend in currency values. The U.S. dollar was listed at 283.01 for buyin…
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…