Karachi: The Pakistan Stock Exchange (PSX) witnessed a notable rally as both the KSE30 and KSE100 indices posted gains, closing at 50,883.00 and 170,884.59 points, respectively. The indices recorded a day-on-day increase of 1.16% and 1.09%, contributi…
Karachi: Exchange rates for major currencies in Pakistan showed moderate fluctuations, with slight increases observed in some foreign currencies against the Pakistani Rupee.
According to Exchange Companies Association of Pakistan, the US Dollar was …
Karachi: The latest Karachi Interbank Offered Rates (KIBOR) reveal a consistent trend in borrowing costs across various tenors, with the one-year rate reaching 12.34 percent. Short-term rates, such as the one-week and two-week tenors, are set at 11.88…
Karachi: The Exchange Companies Association of Pakistan (ECAP) announced the closing exchange rates for major currencies on September 18, 2026, reflecting stable conditions in the open market. The U.S. dollar was traded at Rs. 278.19 for buying and Rs…
Karachi: The State Bank of Pakistan has released the latest weighted average customer exchange rates for several major currencies against the Pakistani Rupee. The rates, as of October 9, 2026, reveal the buying and selling rates for currencies includi…
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity rating of Ellcot Spinning Mills Limited (ESML), reflecting the company’s stable financial risk profile despite challenges in the domestic spinning sector. ESML, part o…