FLASHNEWS:

Category: Business

Global Currencies Experience Fluctuations in Pakistan Market

Karachi: The Exchange Companies Association of Pakistan has released new data showing fluctuations in foreign currency exchange rates as of May 20, 2025. The report provides insights into the buying and selling rates for several major currencies, refl…

PACRA Maintains Rating for Ismail Iqbal Securities

Karachi: The Pakistan Credit Rating Agency (PACRA) has announced the maintenance of the broker fiduciary rating (BFR) for Ismail Iqbal Securities (Pvt.) Limited (IISPL) at BFR 3+ with a stable outlook. This decision reflects the company’s strong posit…

K-Electric’s New Sukuk Initiative Targets Karachi Consumers

KARACHI: K-Electric Limited, the sole vertically integrated power utility in Pakistan, is launching its first Retail Listed Short-Term Utility Sukuk to address short-term liquidity challenges while reinforcing its commitment to Karachi’s energy needs….

State Bank of Pakistan Releases Latest Exchange Rates

KARACHI: The State Bank of Pakistan has issued the latest exchange rates for various currencies against the Pakistani Rupee. This announcement includes buying and selling rates for major currencies, providing essential data for businesses and individu…