Pakistani Rupee Slightly Weakens to PKR 277.79 Amid Start-of-Week Dollar Demand
The Pakistani rupee experienced a minor dip against the US dollar at the start of the trading week, reaching PKR…
SBP Cuts Policy Rate by 250 Basis Points to 15% Amid Declining Inflation and Economic Optimism
In a strategic move aimed at supporting Pakistan’s economic recovery, the State Bank of Pakistan (SBP) announced a reduction in…
SBP Cuts Interest Rate for Fourth Consecutive Month Amid Declining Inflation
The State Bank of Pakistan (SBP) has announced a 250 basis point (bps) cut in the key interest rate, bringing…
Pakistani Businesses Urge 500bps Rate Cut as Inflation Declines
Pakistan’s business community is calling for a drastic reduction in the State Bank of Pakistan’s (SBP) policy rate, urging a…
Rupee Strengthens Amid Improved Dollar Inflows and Economic Indicators
The Pakistani rupee made a modest gain of 15 paisas against the US dollar today, ending at PKR 277.70 in…
UBL Proposes Amalgamation with Silkbank to Expand Market Presence
United Bank Limited (UBL) confirmed today that it has formally extended an offer for the amalgamation of Silkbank Limited, a…