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: The Exchange Companies Association of Pakistan (ECAP) released its open market closing exchange rates, presenting the latest figures for currency trading. The data, sourced from the State Bank of Pakistan, showed slight fluctuations in the bu…
Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rates (KIBOR) on May 7, 2025, indicating relative stability in short-term borrowing costs, with minor fluctuations observed in longer tenors.
The published rates refle…
Karachi: The State Bank of Pakistan has released its latest financial figures, revealing a range of interest rate ceilings and floors applied to various institutions. The newly reported data, dated May 7, 2025, indicates significant variation in the a…
Karachi: The State Bank of Pakistan (SBP) has released its latest data on overnight repo and reverse repo facilities, revealing a significant utilization by financial institutions. On May 7, 2025, one institution accessed the SBP’s overnight repo faci…