Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rates (KIBOR) on Thursday, indicating stable interest rates across multiple tenors amid ongoing economic uncertainty. The rates, sourced from Refinitiv, show slight variations in the bid and offer rates compared to previous figures.

The one-week and two-week tenors both reflect bid rates of 10.34 and offer rates of 10.84. Meanwhile, the one-month tenor is slightly higher, showing a bid rate of 10.35 and an offer rate of 10.85.

In the three-month category, the bid rate stands at 10.40, with an offer rate of 10.65. The six-month tenor rates are slightly higher, with bid and offer rates at 10.43 and 10.68, respectively.

The nine-month tenor reflects a bit more fluctuation, with a bid rate of 10.46 and an offer rate of 10.96. The one-year tenor shows the highest rates, with a bid of 10.47 and an offer of 10.97.

These rates, integral in determining borrowing costs for businesses and consumers, are closely watched by market participants. The data release comes as the country navigates through economic challenges, with stakeholders monitoring interest rate trends for future planning.

The KIBOR rates, updated regularly, serve as a benchmark for various financial contracts and agreements, impacting sectors across the economy.