Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rate (KIBOR) rates, indicating a relatively stable interest rate environment across various tenors. The figures, effective as of August 5, 2025, reveal that the bid and offer rates for the one-week and two-week tenors are both set at 10.87 and 11.37, respectively.
The one-month tenor also holds steady with bid and offer rates mirroring those of the shorter-term tenors. Meanwhile, the three-month and six-month tenors show marginally lower bid rates at 10.81 and 10.80, with offer rates slightly decreasing to 11.06 and 11.05.
Longer-term tenors, including the nine-month and one-year rates, demonstrate a modest decrease in bid rates to 10.74, while the offer rates remain at 11.24. This trend suggests a cautious approach by the central bank in managing liquidity and interest rates amid prevailing economic conditions.
The consistent figures across the board underscore the central bank's efforts to maintain economic stability, providing a clearer indication of the country's monetary policy direction. As economic challenges persist, the KIBOR rates offer insight into the financial sector's response and the central bank's monetary stance.