Karachi: The Exchange Companies Association of Pakistan (ECAP) reported stable currency exchange rates in the open market as of May 12, 2025, according to data from the State Bank of Pakistan. The U.S. dollar stood at 282.05 for buying and 283.50 for …
Karachi: The National Electric Power Regulatory Authority (NEPRA) has announced a relief of PKR 3.64 per kilowatt-hour for Karachi Electric (KE) customers under the Fuel Charges Adjustment (FCA) for February 2025. This adjustment will be reflected in …
Karachi: The State Bank of Pakistan has released the latest figures for the Karachi Interbank Offered Rate (KIBOR), revealing key interest rates for various tenors as of May 12, 2025. These rates are crucial in determining the lending rates for banks …
Karachi: The Chairman of the Pakistan Vanaspati Manufacturers Association, Sheikh Umer Rehan, has condemned India’s attack on Pakistan that resulted in the deaths of 26 civilians. Rehan called the aggression an attempt to destabilize regional peace an…
KARACHI: In a unified show of support, the Karachi Chamber of Commerce and Industry (KCCI) and various industrial associations have expressed unwavering solidarity with the Pakistani government and armed forces following recent missile strikes by Indi…
KARACHI: The President of the Korangi Association of Trade and Industry (KATI), Junaid Naqi, has condemned India’s recent attack on Pakistan that resulted in the death of 26 civilians. Naqi expressed solidarity with the victims’ families and highlight…
Islamabad: Tensions between Pakistan and India have intensified following recent military confrontations and economic sanctions. The conflict has seen Pakistan down five Indian jets in retaliation for Indian strikes on six sites. Concurrently, economi…