Karachi: The Exchange Companies Association of Pakistan has released the latest foreign currency exchange rates, revealing fluctuations across several major currencies. The announcement provides insights into the current economic climate as observed t…
Karachi: The State Bank of Pakistan has disclosed its most recent financial figures, revealing the ceiling and floor amounts for specific institutions as of April 10, 2025.
According to the data, the ceiling amount stands at 15,700 with three insti…
Karachi: Cement dispatches in March 2025 recorded a 9% year-on-year decline, totaling 3.6 million tons. This decrease is primarily attributed to an 11% drop in local dispatches across both the North and South regions during the Ramadan season. Export …
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Foundation Securities (Pvt) Limited at ‘A/A2’, with a stable outlook. The long-term rating of ‘A’ indicates good credit quality and adequate protection factors, though ris…
LAHORE: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its rating of Mughal Iron and Steel Industries Limited, a significant player in the steel industry, as the company continues to navigate industry-wide challenges. Mughal faces su…
Karachi: The State Bank of Pakistan has released updated weighted average customer exchange rates, revealing subtle fluctuations in currency values. The rates, effective April 10, 2025, showcase minor adjustments across several major currencies, inclu…