FLASHNEWS:

Category: Business

VIS Reaffirms Ratings of Primus Leasing Limited.

Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Primus Leasing Limited (‘PLL’ or the ‘NBFC’) at ‘A+/A1’ (Single A Plus/A One). The long-term rating of ‘A+’ indicates good credit quality with adequate protection fa…

VIS Assigns Initial Entity Ratings to Ranipur Sugar Mills Limited.

Karachi: VIS Credit Rating Company Limited (VIS) has assigned initial entity ratings to Ranipur Sugar Mills Limited (RSML or the Company) of ‘A-/A2’ (Single A minus/A Two). A medium to long-term rating of ‘A-‘ indicates good credit quality, with adequ…

Exchange Rates Fluctuate as USD and GBP Strengthen Against PKR.

Karachi: In recent currency exchange transactions, the US dollar and British pound have shown a strengthening trend against the Pakistani Rupee (PKR). USD buying and selling rates have increased slightly from 276.83 and 278.74 on November 8, 2024, to …