KARACHI: Commercial importers have voiced strong opposition to the State Bank of Pakistan’s recent decision to maintain the policy rate at 10.5 percent, expressing concerns that the move could exacerbate
Karachi: The State Bank of Pakistan has released its latest Karachi Interbank Offered Rate (KIBOR), signaling a period of stability in short-term borrowing costs for financial institutions. The updated rates
Karachi: In a strategic move to stimulate the growth of private sector credit, the State Bank of Pakistan (SBP) announced a reduction in the Cash Reserve Requirement (CRR) from 6%
Karachi: The State Bank of Pakistan (SBP) has announced a reduction in the Cash Reserve Requirement (CRR) for banks, aiming to enhance liquidity within the banking sector. This move decreases
Lahore: The hand-woven carpet industry is currently experiencing a significant transformation, moving from its roots as a traditional craft toward a sector that meets modern market demands, according to Chairman
Karachi: Currency exchange rates in Pakistan showed stability on January 23, with slight variations observed across different currencies. The fluctuations were minor, indicating a period of steadiness in the foreign
Karachi: Mian Zahid Hussain, the President of Pakistan Businessmen and Intellectuals Forum and other notable business groups, expressed reserved optimism about Pakistan’s recent macroeconomic achievements. He acknowledged the positive developments
Karachi: At the Digital Pakistan session at Davos, Arsen Tomsky, the Founder and CEO of inDrive, highlighted the pivotal role of mobility and fair-tech in advancing Pakistan’s digital transformation. He
