Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates, indicating minor changes in the values of several major currencies against the Pakistani Rupee.

According to the data provided, the US Dollar is bei…

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has upgraded the asset manager rating of AKD Investment Management Limited, citing the company’s resilience in volatile market conditions and the robust support from its sponsors. This upgrade…

Karachi: The State Bank of Pakistan released the latest weighted average customer exchange rates, shedding light on the buying and selling trends of various currencies against the Pakistani Rupee. The rates provide insights into the current economic l…

Karachi: Cement dispatches in Pakistan rose significantly in April 2025, reaching a total of 3.34 million tons, marking a 13% increase compared to the same month last year. This growth was propelled by an 8% rise in local offtakes and a notable 35% su…

Islamabad: Fauji Fertilizer Company Ltd. (FFC) announced a significant increase in earnings for the first quarter of the calendar year 2025 during a corporate briefing, despite facing industry-wide challenges. The company reported earnings of PkR13.3 …

Karachi: The State Bank of Pakistan’s recent decision to reduce the interest rate by one percent has been met with cautious approval from Rafiq Suleman, a prominent figure in the business community. Suleman, former Chairman of the Rice Exporters Assoc…