Karachi: The State Bank of Pakistan has announced the availability of its Overnight Repo and Reverse Repo Facilities for financial institutions, reflecting its ongoing efforts to manage liquidity in domestic markets. The announcement details the amoun…
Karachi: The Karachi Interbank Offered Rate (KIBOR) rates have experienced slight fluctuations across different tenors, as indicated in the latest data release. The rates, which serve as a benchmark for lending between banks, showed mixed movements ac…
Karachi: Engro Polymer and Chemicals Ltd. (EPCL) has unveiled its financial results for the fourth quarter of the calendar year 2024, reporting consolidated earnings of PkR2.1 billion, a 40 percent year-on-year decrease from the same period last year….
Karachi: Lucky Electric Power Company Limited (LEPCL) has been assigned a preliminary ‘AA’ long-term rating and an ‘A1+’ short-term rating for its new PKR 6 billion debt instrument, PPSTS-21, by The Pakistan Credit Rating Agency Limited (PACRA). The r…
Karachi: The Exchange Companies Association of Pakistan released new currency exchange rates on Tuesday, detailing adjustments in the valuation of several major currencies against the Pakistani Rupee.
According to a statement by Exchange Companies A…
Karachi: Pakistan’s remittance inflows witnessed a significant boost in January 2025, reaching $3 billion, marking a 25% year-on-year increase. Over the cumulative period of the first seven months of fiscal year 2025, overseas Pakistanis remitted $20….