KARACHI: The State Bank of Pakistan reported substantial activity in its overnight repo and reverse repo facilities for June 19, 2025. According to a press release from its Domestic Markets and Monetary Management Department, the central bank revealed…
Karachi: The Chairman of the National Business Group Pakistan, Mian Zahid Hussain, has voiced significant concerns regarding the current federal budget, emphasizing that the business community’s reservations must be addressed to prevent economic stagn…
Karachi: The Exchange Companies Association of Pakistan released updated currency exchange rates, reflecting slight fluctuations across various currencies as of June 19, 2025.
The US dollar’s buying rate is listed at 284.13 PKR, while the selling r…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has assigned an initial instrument rating to Pakistan’s first-ever Green Bond, issued by Parwaaz Financial Services Limited (PFSL). The bond, valued at PKR 1 billion, marks a significant step …
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the entity ratings of Engro Corporation Limited, reflecting the company’s robust risk profile and strong liquidity position. Following a corporate restructuring in January 2025, En…
Lahore: The Pakistan Credit Rating Agency (PACRA) has maintained the entity ratings of Jamal Pipe Industries (Pvt.) Limited, highlighting the company’s strong market presence and financial health. The family-operated business, with over 40 years of ex…