Karachi: The VIS Credit Rating Company Limited has reaffirmed the Development REIT rating of Globe Residency REIT (GRR) at ‘RFR2 (dr)’, indicating a high likelihood of successful project implementation despite various economic challenges. The outlook …
Karachi: The State Bank of Pakistan released its latest figures on February 12, 2025, revealing the weighted average customer exchange rates for various currencies. The report indicates slight fluctuations in both buying and selling rates across diffe…
Karachi: In a recent update, the State Bank of Pakistan has released the exchange rates for the mark to market revaluation by authorized dealers in foreign exchange. The announcement outlines the rates for several major currencies, including the U.S. …
Karachi: The Exchange Companies Association of Pakistan (ECAP) released the closing exchange rates for February 12, 2025, showing stability in the currency market. The report detailed the buying and selling rates for several major global currencies, i…
Karachi: The State Bank of Pakistan has released updated figures for its overnight repo and reverse repo facilities, detailing the amounts and institutions involved as of February 12, 2025. The data provides insights into the central bank’s monetary m…
Karachi: Pakistan’s auto industry experienced a notable increase in sales in January 2025, with total industry volumes rising by 31% compared to the same period last year. The surge was primarily driven by a significant 52% increase in passenger car a…