Islamabad: A single financial institution borrowed a staggering 180 billion rupees from the State Bank of Pakistan (SBP) through the overnight reverse repo facility on August 21, 2025, indicating potential liquidity pressures in the banking sector. No…
Islamabad: The Pakistani Rupee continued its downward slide against major international currencies, with the US dollar nearing the 282 mark, according to the latest data released by the State Bank of Pakistan.
The State Bank’s weighted average custo…
Islamabad: Jazz, a major digital operator in Pakistan, has announced the provision of free on-net and PTCL calls for its subscribers in the flood-affected areas of Khyber Pakhtunkhwa. This measure is intended to facilitate communication for residents …
Islamabad: Sindh’s Local Government Minister, Saeed Ghani, declared India globally isolated after Operation Bunyan al-Marsus, with international support rallying behind Pakistan. He asserted a dramatic shift in both nations’ images post-conflict. “Ind…
Karachi: Short-term lending rates in Pakistan continued to fluctuate, with the Karachi Interbank Offered Rate (KIBOR) showing mixed signals on August 12, 2025, according to data released by the State Bank of Pakistan. The one-week rate saw the most si…
Islamabad: AL Habib Asset Management Limited (AHAML) has maintained its robust position in Pakistan’s asset management sector, reporting a substantial 195% year-on-year increase in net profit to PKR 323.7 million for the year ending June 2025, up from…