Karachi: The currency exchange rates for major global currencies, including the U.S. dollar, Euro, British pound, Japanese yen, and others, have experienced slight fluctuations over recent days, according to the latest data.
According to a statement…
KARACHI: President of the Karachi Chamber of Commerce and Industry (KCCI), Muhammad Jawed Bilwani, has expressed strong disappointment over the State Bank of Pakistan’s (SBP) recent decision to implement a nominal 1 percent reduction in the policy int…
Karachi: President of the Korangi Association of Trade and Industry (KATI) Junaid Naqi expressed disappointment over the State Bank of Pakistan’s decision to set the policy rate at …. % in its latest monetary policy announcement. He stated that the …
Islamabad: Pakistan Oilfields Ltd (POL) has announced its financial results for the second quarter of fiscal year 2025, reporting a profit after tax of PkR7.6 billion, a 4% decrease compared to the same period last year. Despite the decline, the compa…
KARACHI: Despite Prime Minister Shahbaz Sharif’s assurances, the failure to implement a significant reduction in the interest rate is a matter of concern, says Ahmed Azeem Alvi. He added that high-interest loans are hindering economic recovery and dis…
Karachi: Salim Valimuhammad, Chairman of the Pakistan Chemicals and Dyes Merchants Association (PCDMA), has dismissed the State Bank of Pakistan’s recent 1% reduction in the interest rate, labeling it as inadequate. He expressed concerns over the cent…