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Category: General

Karachi Interbank Offered Rate Remains Volatile

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…

Banks Utilize Overnight Repo Facility Amidst Tight Liquidity

Islamabad: One financial institution accessed the State Bank of Pakistan’s (SBP) overnight repo facility on August 12, 2025, borrowing 45 billion rupees. This suggests a potential tightening of liquidity in the money market.

Concurrently, one insti…

Rupee Weakens Against Major Currencies, Dollar Nears PKR 283

Islamabad: The Pakistani Rupee continued its downward trajectory against major international currencies, with the US dollar nearing the PKR 283 mark, according to the latest data from the State Bank of Pakistan (SBP).

The central bank’s weighted ave…